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Updated 1 hour ago

1938-2006 E Raines/Bonnie


Memphis, TN

1 - 2 Bed
•
1 Bath

670 - 840 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$695 - $780
670 ft2
6 Available
Managed By: Reedy & Company
A1
$695
Available Now
View
RN1948-01
$737
Available May 23rd, 2026
View
RN1940-01
$752
Available May 23rd, 2026
View
RN1948-08
$737
Available Jun 10th, 2026
View
BN1966-02
$780
Available Jul 10th, 2026
View
BN1966-03
$780
Available Jul 10th, 2026
View
View Rented Units
2 Beds • 1 Bath
$825 - $849
840 ft2
4 Available
Managed By: Reedy & Company
BN2000-08
$825
Available: Ask
View
B1
$849
Available Now
View
RN1972-08
$825
Available Now
View
RN2004-03
$825
Available May 23rd, 2026
View
View Rented Units
Where you'll live
Street View
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1938-2006 E Raines/Bonnie
1938-2006 E Raines/Bonnie
1938-2006 E Raines/Bonnie
Location ratings
Walk Score®
17
Car-Dependent
Transit Score®
18
Minimal Transit
Bike Score®
33
Somewhat Bikeable
Amenities
Refrigerator
Playground
Microwave
Range / Oven
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $500
Property details
Description

Welcome to Graceland Pointe, where comfortable and updated living meets smart value in Memphis, TN. Located just minutes from the iconic Graceland, our community features newly refreshed exteriors and stylish 1 and 2-bedroom floor plans designed for your convenience.
✨ Stylish & Functional Interiors
Step inside your new home and discover modern touches and essential features:
Updated Kitchens: Modernized cabinetry, clean subway tile backsplash, and a full suite of appliances including a dishwasher and microwave.
Elegant Flooring: Enjoy the contemporary look and easy maintenance of hardwood-style plank flooring throughout the main living areas and bedrooms.
Year-Round Comfort: Every unit features central air conditioning and heating.
Ample Storage: Spacious walk-in closets are available to accommodate all your belongings.

Additional Details
Total Unit Count: 184
Last Updated: Updated 1 hour ago
Contact Number: (901) 441-8682
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1938-2006 E Raines/Bonnie by bedroom type below.
1 Bedroom
Suggested income:
$26,900
per year
2 Bedroom
Suggested income:
$29,900
per year
Rent report

1938-2006 E Raines/Bonnie Rent vs. Memphis Average

 1938-2006 E Raines/Bonnie      Memphis Average
1BR
$747
$1,103
$0
$400
$800
$1,200
$1,600
2BR
$831
$1,193
$0
$400
$800
$1,200
$1,600

1938-2006 E Raines/Bonnie is asking 32% less than the average 1 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 2 bedroom apartment, you would pay 8% more per month.

If you downsized to an average priced Memphis studio apartment, you would pay 0% less per month.

1938-2006 E Raines/Bonnie provides 7% less square footage than the average Memphis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1938-2006 E Raines/Bonnie
1BR $747 $1.10 $2,240
2BR $831 $1.00 $2,493
Memphis Average
Studio $1,102 $2.50 $3,307
1BR $1,103 $1.50 $3,310
2BR $1,193 $1.20 $3,579
3BR $1,367 $1.00 $4,101
4BR $1,603 $1.00 $4,810

Availability in Memphis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,322 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 29% 44% 18% 5%
Available Units in Memphis
Studio 107
1BR 878
2BR 1,322
3BR 556
4BR 147
Location
Nearby Colleges

University of Memphis

Southwest Tennessee Community College

Nearby Hospitals
Name Distance
Methodist Hospital South 1.25 mi.
Delta Medical Center 4.42 mi.
Baptist Memorial Hospital Desoto 4.57 mi.
Nearby Fire Stations
Name Distance
Rural/ Metro Fire Department Fed Ex Operation 2.59 mi.
Shelby Rural Fire Department 3.01 mi.
Stateline Volunteer Fire Department 3.07 mi.
FAQs
Is this property currently leasing units?
Yes. There are 10 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 3 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 670 to 840 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $695 to $849. 1938-2006 E Raines/Bonnie has 1 bedroom units available starting at $695 and 2 bedroom units available starting at $825.
Where is this property located?
This property is at 1938-2006 E Raines/Bonnie in Memphis, TN. It's 6.8 miles south from the center of Memphis.
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