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Updated 14 minutes ago

Mendenhall Acres


5012 N Peg Ln Memphis, TN

3 Bed
•
1 Bath

1,400 Sq. Ft.

Available starting Sep. 10th
Floor plans
3 Beds • 1 Bath
$1,625
1400 ft2
1 Available
Managed By: Tippett Real Estate Services
-
$1,625
Available Sep 10th, 2026
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Mendenhall Acres
Mendenhall Acres
Mendenhall Acres
Location ratings
Walk Score®
10
Car-Dependent
Transit Score®
14
Minimal Transit
Bike Score®
23
Somewhat Bikeable
Amenities
On-site Laundry
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Fees & leasing info
Pets
Dogs Ok
Parking
Garage - Attached
Property details
Description

Great Rental home with 3brs, hardwood floors, Fence in backyard located in Mendenhall Acres off White Station. Gas stove, dishwasher, 3br 1.5 bath with den. Fenced in back yard with storage building.

Additional Details
Total Unit Count: 1
Last Updated: Updated 14 minutes ago
Contact Number: (901) 493-9769
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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 Mendenhall Acres by bedroom type below.
3 Bedroom
Suggested income:
$58,500
per year
Rent report

Mendenhall Acres Rent vs. Memphis Average

 Mendenhall Acres      Memphis Average
3BR
$1,625
$1,392
$0
$550
$1,100
$1,650
$2,200

Mendenhall Acres is asking 17% more than the average 3 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Memphis 2 bedroom apartment, you would pay 17% less per month.

Mendenhall Acres provides 8% more square footage than the average Memphis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Mendenhall Acres
3BR $1,625 $1.20 $4,875
Memphis Average
Studio $1,110 $2.70 $3,329
1BR $1,091 $1.50 $3,272
2BR $1,185 $1.20 $3,556
3BR $1,392 $1.10 $4,177
4BR $1,591 $1.00 $4,772

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 1,378 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% 30% 43% 19% 4%
Available Units in Memphis
Studio 99
1BR 944
2BR 1,378
3BR 605
4BR 139
Location
Nearby Colleges

University of Memphis

Southwest Tennessee Community College

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?
This property has 1 unit available for move-in on September 10, 2026.
What's the square footage of the available units?
It's 1,400 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 3 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?
Mendenhall Acres has a 3 bedroom unit starting at $1,625.
Where is this property located?
This property is at 5012 N Peg Ln in Memphis, TN. It's 4.4 miles east from the center of Memphis.
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