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2966 Yale Ave #7

Memphis, TN 38112 - Shelby County

Apartment

2 beds

1 baths

700 sqft

About 2966 Yale Ave #7

Move into your new home with huge savings. $0 move-in deposit with our partner Obligo - skip the traditional security deposit and lighten your upfront costs. (Subject to approval) Welcome to your new home at 2966 Yale Ave. This charming 2-bedroom, 1-bathroom property offers the perfect blend of comfort and convenience, ideal for first-time renters. Priced at just $720/month, it comes fully equipped with all your essential amenities-including a washer, dryer, stove, fridge and microwave. Enjoy a well-maintained space in a convenient location, ready for you to move in and make it your own. We proudly work with Section 8 and are happy to assist qualified applicants. Qualifications: 1. Each occupant 18+ must complete a separate application (non-refundable fee will apply) 2. Household gross income must be three times the monthly rent. 3. Favorable credit history with no open bankruptcies - no credit is better than bad credit. 4. Evictions within the past 2 calendar years or unpaid rent to prior landlords may result in automatic denial. 5. We screen in accordance with federal and state laws and a criminal history may result in denial. 6. If income/credit is not sufficient, we may request that you add a co-signer to your application.

RentalSource last checked: June 12, 2026 · 9:31 AM ET

Last updated: May 21, 2026 at 3:02 PM ET

Managed by: Evolve Property Management Group · (901) 910-1049 · RentEngine

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$720
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	700 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83668121

Property Amenities

• Microwave

• Refrigerator

• Washer/Dryer Hk-up

Leasing Information

Fees: Rent $720 (mandatory, monthly). Admin Fee $125 (mandatory, nonrefundable, move-in). Security deposit $720 (mandatory, refundable, move-in). Application fee $60 (mandatory, nonrefundable, pre-move-in). Lease term: 12 months.

Additional Details

Apartment for rent in Memphis for $720 with 2 beds, 1 bath, 700 sqft and located at 2966 Yale Ave #7 in Memphis, TN 38112. The rental price of $720 is 23.4% ($220) lower than the average rent of $940 for a 2 bedroom apartment in Memphis, TN and 26.8% ($264) lower than the average rent of $984 for a 2 bedroom apartment in Shelby County. 2966 Yale Ave #7 was advertised by Evolve Property Management Group on May 21, 2026 at 10:32 AM ET and last checked today at 9:31 AM ET.

Affordability Calculator

Can I afford to live at 2966 Yale Ave #7?

Bedrooms

2 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

$28,800 /year

With your chosen rent-to-income ratio, an annual income of $28,800 is recommended to comfortably afford this 2-bedroom rental priced at $720 per month.

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

Apartment for rent

$720

Rent Affordability Calculator

Interested in 2966 Yale Ave #7?

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Property managed by:

Evolve Property Management Group
(901) 910-1049

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