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Updated 2 hours ago

Welcome To 516 Parkdale Drive!


516 Parkdale Dr Memphis, TN

3 Bed
•
1 Bath

1,289 Sq. Ft.

Available starting Jul. 22nd
Floor plans
3 Beds • 1 Bath
$1,335
1289 ft2
1 Available
Managed By: Reedy & Company
-
$1,335
Available Jul 22nd, 2026
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Welcome To 516 Parkdale Drive!
Welcome To 516 Parkdale Drive!
Welcome To 516 Parkdale Drive!
Amenities
Tile Floor
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Located in Memphis, this three-bedroom, one-and-a-half-bath home blends classic hardwood and tile flooring throughout for easy upkeep. The kitchen includes a dishwasher, and washer/dryer hookups are provided for added convenience. Stay comfortable year-round with central air conditioning. The property features a fenced yard and a covered carport. Residents benefit from online rent payment and maintenance through the portal, filter delivery service, move-in concierge, a resident rewards program, credit-building opportunities, and renters insurance included. Offered with a two-year lease option.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (901) 441-9098
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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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 Welcome To 516 Parkdale Drive! by bedroom type below.
3 Bedroom
Suggested income:
$48,100
per year
Rent report

Welcome To 516 Parkdale Drive! Rent vs. Memphis Average

 Welcome To 516 Parkdale Drive!      Memphis Average
3BR
$1,335
$1,367
$0
$450
$900
$1,350
$1,800

Welcome To 516 Parkdale Drive! is asking 2% less than the average 3 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 4 bedroom apartment, you would pay 15% more per month.

If you downsized to an average priced Memphis 2 bedroom apartment, you would pay 15% less per month.

Welcome To 516 Parkdale Drive! provides 4% less square footage than the average Memphis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Welcome To 516 Parkdale Drive!
3BR $1,335 $1.00 $4,005
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 1,293 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% 5%
Available Units in Memphis
Studio 105
1BR 912
2BR 1,293
3BR 570
4BR 149
Location
Nearby Colleges

Southwest Tennessee Community College

University of Memphis

Nearby Hospitals
Name Distance
Methodist Hospital South 1.46 mi.
Baptist Memorial Hospital Desoto 5.05 mi.
Delta Medical Center 7.0 mi.
Nearby Fire Stations
Name Distance
Southaven Fire Department 3.63 mi.
Stateline Volunteer Fire Department 4.05 mi.
Rural/ Metro Fire Department Fed Ex Operation 4.93 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?
This property has 1 unit available for move-in on July 22, 2026.
What's the square footage of the available units?
It's 1,289 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 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?
Welcome To 516 Parkdale Drive! has a 3 bedroom unit starting at $1,335.
Where is this property located?
This property is at 516 Parkdale Dr in Memphis, TN. It's 8.2 miles southwest from the center of Memphis.
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