Apartments for Rent in Harbortown, Memphis, TN

Harbortown, Memphis apartment availability

Harbortown's rental market offers a good selection of listings, with an average of nearly 30 rentals available each month. The majority of rentals in Harbortown are 3-bedroom apartments, followed by 1-bedroom and 2-bedroom options. Many of these apartments offer popular amenities such as in-unit laundry, which is available in about 67% of rentals. Additionally, about 65% of apartments in Harbortown are pet-friendly, making this neighborhood a great option for renters with pets.

Harbortown, Memphis rental market trends

Harbortown's rental market saw a significant increase of nearly 9% last year, with the average monthly rent reaching $1,475. However, this growth wasn't uniform across all bed counts. The average rent for 1-bedrooms actually decreased by 2.6% to $1,160, while 2-bedrooms saw a 6.4% decrease to $1,337. In contrast, 3-bedrooms experienced a modest 1.1% increase to $2,362.

The rental market in Harbortown tends to fluctuate throughout the year. October typically sees the highest rent, with a significant 38% increase compared to April, the month with the lowest rent. This suggests that renters may find better deals during the spring, while prices tend to surge in the fall. Notably, studios are no longer available in Harbortown, which may impact overall rental dynamics. Understanding these trends can help renters and landlords navigate the local market and make informed decisions.

Why Harbortown, Memphis is a great place to live

Harbortown stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value a vibrant social life and prioritize fitness and wellness.

The area's appeal for social enthusiasts can be attributed to its thoughtful neighborhood age distribution, convenient transit options, well-designed street infrastructure, emphasis on safety, and the presence of shared community spaces. These elements come together to create an environment that fosters connections and community engagement.

For those dedicated to fitness and wellness, Harbortown offers a range of amenities, including onsite pools and spas, fully equipped gyms, regular health and wellness events, and access to fitness centers. The attention to detail extends to the homes themselves, with features like balconies, patios, the use of low VOC materials, advanced HVAC systems, and soundproofing, ensuring a healthy and comfortable living space.