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1229 Neptune St

Memphis, TN 38106 - Shelby County

House

4 beds

2.5 baths

1,644 sqft

About 1229 Neptune St

Discover this beautiful, move-in-ready home, proudly presented by Fpm, where style and comfort come together. May move-In Special $500 off the first full month's rent with approved application and lease signed by May 10. Welcome to 1229 Neptune Street, Memphis, TN 38106. 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 Memphis Delta Preparatory Charter School and. LeMoyne-Owen College. 1229 Neptune Street is also close to local restaurants, parks, retail establishments and major highways.

RentalSource last checked: June 12, 2026 · 3:25 PM ET

Last updated: May 1, 2026 at 2:16 PM ET

Managed by: Foundation Property Management · (901) 602-5737 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	House
Rental Fee:	$1,595
Bedrooms:	4 beds
Bathrooms:	2.5 baths

Size:	1,644 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83266081

Additional Details

House for rent in Memphis for $1,595 with 4 beds, 2.5 baths, 1,644 sqft and located at 1229 Neptune St in Memphis, TN 38106. The rental price of $1,595 is 45.7% ($500) higher than the average rent of $1,095 for houses in Memphis, TN and 43.7% ($485) higher than the average rent of $1,110 for houses in Shelby County. 1229 Neptune St was advertised by Foundation Property Management on March 18, 2026 at 11:15 AM ET, last updated on May 1, 2026 at 2:16 PM ET and last checked today at 3:25 PM ET.

Affordability Calculator

Can I afford to live at 1229 Neptune St?

Bedrooms

4 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

$63,800 /year

With your chosen rent-to-income ratio, an annual income of $63,800 is recommended to comfortably afford this 4-bedroom rental priced at $1,595 per month.

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

House for rent

$1,595

Rent Affordability Calculator

Interested in 1229 Neptune St?

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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.