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Pet Friendly

Garage

Pool

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Grand Island Apartment Homes

300 Island Dr, Memphis, TN 38103 - Shelby County

Apartment

1-3 beds

1-2 baths

About 300 Island Dr

The Lifestyle You've Been Looking For. Downtown Living At Its Finest. The newest luxury apartments located on beautiful Mud Island in downtown Memphi. Cats allowed, Dogs allowed, Garage, Parking, Pool, Gym, Pet friendly, Clubhouse & Media room.

RentalSource last checked: June 2, 2025 at 6:00 AM ET

Listed by: Grand Island Apartment Homes

Property Summary

Property Type:	Apartment
Rental Fee:	$1,585 - $2,299
Bedrooms:	1-3 beds
Bathrooms:	1-2 baths

Size:	Inquire
Pet Friendly:	Yes
Has Garage:	Yes
ID:	66748206

Property Amenities

• Garage

• Pet Friendly

Community Features

• Clubhouse

• Fitness Center

• Pool

• Reserved Parking

Unit Rates

Name	Beds	Baths	Sqft	Rent
1x1 Waterstone	1	1	-	$1,585
2x2 Terrace	2	2	-	$1,815
3x2 Enclave	3	2	-	$2,299

Leasing Information

Pet fee: $300 for 1 pet, $450 for 2 pets. Pet limit: 2. Pet rent: $20 per pet/month.

Additional Details

Apartments for rent in Memphis for $1,585-$2,299 with 1-3 beds, 1-2 baths, pet friendly and located within Grand Island Apartment Homes at 300 Island Dr in Memphis, TN 38103. The averaged rental price of $1,942 is 71.1% ($807) higher than the average rent of $1,135 for apartments in Memphis, TN and 56.2% ($699) higher than the average rent of $1,243 for apartments in Shelby County. This apartment is in the Shelby County School District and the nearest schools are Downtown Elementary, Bellevue Middle and Manassas High. Grand Island Apartment Homes was advertised by Grand Island Apartment Homes 6+ months ago and last updated on June 2, 2025 at 6:00 AM ET.

Affordability Calculator

Can I afford to live at 300 Island Dr?

Bedrooms

1 bedroom

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

$63,400 /year

With your chosen rent-to-income ratio, an annual income of $63,400 is recommended to comfortably afford this 1-bedroom rental priced at $1,585 per month.

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

Apartment for rent

$1,585 - $2,299

Rent Affordability Calculator

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Property managed by:

Grand Island Apartment Homes

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