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Updated 2 hours ago

362 Fountain Lake Dr


Memphis, TN

3 Bed
•
2 Bath

1,511 Sq. Ft.

Available starting May. 5th
Floor plans
3 Beds • 2 Bath
$2,000
1511 ft2
1 Available
Managed By: avail
Lake view 3b2b in gated community 10min walk to White Station Middle School
$2,000
Available May 5th, 2026
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362 Fountain Lake Dr
362 Fountain Lake Dr
362 Fountain Lake Dr
Location ratings
Walk Score®
6
Car-Dependent
Transit Score®
9
Minimal Transit
Bike Score®
28
Somewhat Bikeable
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $2,000.00
Property details
Description

Cozy East Memphis 3b2b house with lake view deck and garden in gated community(playground,basket ball,football field in community). 10min walk to White Station Middle School(Score 8/10). Perfect for family need find kids a good school, 5min drive to grocery, 20min to downtown.
New oven, refrigerator, water heater, vented out rangehood. With all essential furnitures, washer/dryer/dishwasher/microwave/sectional sofa/dinner table with chairs, one queen bed/mattress. Trash/grass/100M Internet wifi included. Utility/water pay as used.
This rental is Smoke-free while small pet-friendly, first pet free with $300 deposit(refund if no pet smell when moving out), additional pet have a $100 fee each.
lease starting from 5/5/2026 at a monthly rent of $2000(1 year contract). One month security deposit. Application fee will be credit to your rental if accepted as tenant. Prorated, short lease available(6-month $2100).

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (774) 234-7498
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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 362 Fountain Lake Dr by bedroom type below.
3 Bedroom
Suggested income:
$72,000
per year
Rent report

362 Fountain Lake Dr Rent vs. Memphis Average

 362 Fountain Lake Dr      Memphis Average
3BR
$2,000
$1,381
$0
$650
$1,300
$1,950
$2,600

362 Fountain Lake Dr is asking 45% more than the average 3 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 4 bedroom apartment, you would pay 13% more per month.

If you downsized to an average priced Memphis 2 bedroom apartment, you would pay 14% less per month.

362 Fountain Lake Dr provides 14% more square footage than the average Memphis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
362 Fountain Lake Dr
3BR $2,000 $1.30 $6,000
Memphis Average
Studio $1,055 $2.20 $3,164
1BR $1,107 $1.50 $3,322
2BR $1,208 $1.20 $3,625
3BR $1,381 $1.00 $4,142
4BR $1,592 $1.00 $4,777

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 1,236 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 29% 42% 21% 4%
Available Units in Memphis
Studio 82
1BR 858
2BR 1,236
3BR 625
4BR 118
Location
Nearby Colleges

University of Memphis

Southwest Tennessee Community College

Nearby Hospitals
Name Distance
Baptist Memorial Hospital 1.21 mi.
Baptist Memorial Restorative Care Hospital 1.24 mi.
Baptist Memorial Hospital For Women 1.54 mi.
Nearby Fire Stations
Name Distance
Shelby County Fire Department 1.62 mi.
Pennington Gap Volunteer Fire Department 2.64 mi.
Franklin Township Fire Department 4.2 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on May 05, 2026.
What's the square footage of the available units?
It's 1,511 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 362 Fountain Lake Dr in Memphis, TN. It's 5.5 miles east from the center of Memphis.
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