Monthly rent

$650

Beds

Baths

Sqft

–

Monthly rent	$650
Beds	1
Baths	1
Sqft	–

5+ Days Ago

Location

318 Lema Pl, Memphis, TN 38105, USA

Tour 318 Lema Pl

Contact

Lubin Property Management LLC

(901) 329-8443

About 318 Lema Pl

Charming 1-Bedroom Duplex in Downtown Memphis! Live in the heart of downtown Memphis in this cozy 1-bedroom, 1-bath duplex offering both comfort and convenience. Prime downtown location close to shopping, dining, and entertainment Features you will love: -Central A/C to keep you cool year-round -Lawn service included no yard work required! Rent: $650 Deposit: $99

Zip code

38105

Type

Condo for rent

Rent trends in Memphis

1-bedroom apartments at 318 Lema Pl cost about 32% less than the average rent price for 1-bedroom apartments in Memphis.

Median rents as of Sep 13 2025.

Memphis

A table of 1-bedroom apartment rental data trends in Memphis
Month	Median Rent
September 2023	$925
October 2023	$918
November 2023	$886
December 2023	$886
January 2024	$899
February 2024	$899
March 2024	$908
April 2024	$916
May 2024	$939
June 2024	$933
July 2024	$993
August 2024	$1,022
September 2024	$1,070
October 2024	$1,067
November 2024	$1,060
December 2024	$1,059
January 2025	$1,070
February 2025	$1,035
March 2025	$1,016
April 2025	$996
May 2025	$995
June 2025	$995
July 2025	$968
August 2025	$989
September 2025	$971

Affordability calculator

Can I afford to live at 318 Lema Pl?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$26,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 1-bedroom monthly rent price of $650.

For more information on rent affordability, visit our rent calculator.

Schools near 318 Lema Pl

Points of interest for 318 Lema Pl, Memphis

Groceries

7/10

At least one grocery store within a 15-minute walk

Shopping

5/10

Some shops within walking distance

Cafes

3/10

Few or no cafés within walking distance

Restaurants

6/10

Some restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

8/10

At least one high school within a 20-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

3/10

Few or no bars within walking distance

318 Lema Pl318 Lema Pl, Memphis, TN 38105, USA

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Schools near 318 Lema Pl

Ida B. Wells Academy

Early Childhood Program Partnering Centers

University of Memphis - University Campus School

Avon School

Shrine School

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318 Lema Pl
318 Lema Pl, Memphis, TN 38105, USA