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New - yesterday

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1166 Elder Rd New

Memphis, TN 38109 - Shelby County

House

3 beds

1 baths

1,103 sqft

About 1166 Elder Rd New

Immediate Move-In Available. Zero Security Deposit available for qualified Obligo applicants. Welcome to 1166 Elder Road, Memphis, TN 38109. Home Features: Hard surface flooring throughout. Bright and spacious living area. Modern kitchen with large shaker cabinets. Central Heat & Air. Large fenced backyard. Conveniently located near schools, local restaurants, retail establishments, parks and major highways.

RentalSource last checked: August 1, 2025 at 4:28 PM ET

Last updated: July 31, 2025 at 2:07 PM ET

Listed by: Foundation Property Management, (901) 602-5737

Property Summary

Property Type:	House
Rental Fee:	$1,000
Bedrooms:	3 beds
Bathrooms:	1 baths

Size:	1,103 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	81904361

Leasing Information

Deposit: $1,000.

Additional Details

House for rent in Memphis for $1,000 with 3 beds, 1 bath, 1,103 sqft and located at 1166 Elder Rd New in Memphis, TN 38109. The rental price of $1,000 is 35.1% ($541) lower than the average rent of $1,541 for a 3 bedroom house in Memphis, TN and 45.0% ($818) lower than the average rent of $1,818 for a 3 bedroom house in Shelby County. 1166 Elder Rd New was advertised by Foundation Property Management yesterday at 10:12 AM ET and last checked today at 4:28 PM ET.

Affordability Calculator

Can I afford to live at 1166 Elder Rd New?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$40,000 /year

With your chosen rent-to-income ratio, an annual income of $40,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,000 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

House for rent

$1,000

Rent Affordability Calculator

Interested in 1166 Elder Rd New?

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Property managed by:

Foundation Property Management
(901) 602-5737

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.