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Updated 40 minutes ago

Sherwood Flats


3667 Rhodes Ave Memphis, TN

2 - 3 Bed
1 - 2 Bath

900 - 1,120 Sq. Ft.

Available Now
2 Beds • 2 Bath
$925 - $1,075
1050 ft2
3 Available
Managed By: Reedy & Company
Spacious 2-Bedroom, 2-Bath Apartment with In-Unit Washer/Dryer Near the University District
$1,075
Available Now
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Spacious 2-Bedroom, 2-Bath Apartment with In-Unit Washer/Dryer Near the University District
$1,000
Available Now
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2 Bedroom REDUCED Monthly Rent Specials! Stop by Today!
$925
Available Now
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View Rented Units
2 Beds • 1 Bath
$825
900 ft2
1 Available
Managed By: Reedy & Company
2 Bedroom Apartment- Reduced Rent & Move In Specials
$825
Available Now
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View Rented Units
3 Beds • 2 Bath
$1,090 - $1,175
1120 ft2
3 Available
Managed By: Reedy & Company
C2
$1,090
Available Now
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C2
$1,100
Available Now
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1223-02
$1,175
Available Apr 10th, 2026
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
42
Car-Dependent
Transit Score®
31
Some Transit
Bike Score®
39
Somewhat Bikeable
Amenities
Refrigerator
Range / Oven
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $500
Property details
Description

Welcome to Sherwood Apartments, your new home in the heart of Memphis, TN. Our spacious apartments offer large floorplans with open-concept living and dining spaces, perfect for entertaining or simply relaxing. The hardwood-style plank flooring adds a touch of elegance to each unit, while the private entryways ensure your privacy. Our kitchens are equipped with a range, refrigerator, and ventahood, and a cozy dining nook for your meal times. For your convenience, each apartment also includes a stackable washer/dryer. We understand that pets are part of the family, which is why we are a pet-friendly community. Beyond the walls of your apartment, you'll find beautifully maintained community green spaces for you to enjoy. We also offer short term leases for those seeking flexibility. Come and experience the comfort and convenience of Sherwood Apartments.

Additional Details
Total Unit Count: 107
Last Updated: Updated 40 minutes ago
Contact Number: (901) 531-9338
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
AT&T Inc. 75.0 20.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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 Sherwood Flats by bedroom type below.
2 Bedroom
Suggested income:
$34,400
per year
3 Bedroom
Suggested income:
$40,400
per year
Rent report

Sherwood Flats Rent vs. Memphis Average

 Sherwood Flats      Memphis Average
2BR
$956
$1,224
$0
$400
$800
$1,200
$1,600
3BR
$1,122
$1,397
$0
$500
$1,000
$1,500
$2,000

Sherwood Flats is asking 22% less than the average 2 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 3 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Memphis 1 bedroom apartment, you would pay 10% less per month.

Sherwood Flats provides 0% more square footage than the average Memphis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Sherwood Flats
2BR $956 $0.90 $2,869
3BR $1,122 $1.00 $3,365
Memphis Average
Studio $1,124 $2.30 $3,373
1BR $1,113 $1.50 $3,340
2BR $1,224 $1.20 $3,673
3BR $1,397 $1.00 $4,190
4BR $1,568 $1.00 $4,705

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 1,226 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% 42% 20% 5%
Available Units in Memphis
Studio 88
1BR 867
2BR 1,226
3BR 593
4BR 137
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Student Rec and Fitness Center 1.6 mi 30 min 9 min 4 min
University Center 1.7 mi 33 min 10 min 4 min
Nearby Hospitals
Name Distance
Delta Medical Center 2.26 mi.
Saint Francis Hospital Memphis 4.28 mi.
Select Specialty Hospital Memphis 4.33 mi.
Nearby Fire Stations
Name Distance
Franklin Township Fire Department 1.8 mi.
Shelby Rural Fire Department 2.66 mi.
Rural/ Metro Fire Department Fed Ex Operation 2.89 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. 6 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 900 to 1,120 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 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $825 to $1,175. Sherwood Flats has 2 bedroom units available starting at $825 and 3 bedroom units available starting at $1,090.
Where is this property located?
This property is at 3667 Rhodes Ave in Memphis, TN. It's 2.9 miles southeast from the center of Memphis.
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