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316 S Cleveland #1

Memphis, TN 38104 - Shelby County

Apartment

2 beds

1 baths

950 sqft

About 316 S Cleveland #1

Spacious renovated 2-bedroom, 1-bathroom apartments in vibrant Midtown Memphis, where modern living meets affordability. Nestled in a dynamic neighborhood, our apartments provide easy access to trendy cafes, nightlife and cultural attractions. Elevate your lifestyle with secure gated access and convenient parking. Embrace the city's spirit without sacrificing affordability or comfort-your perfect 2-bedroom home awaits in Midtown Memphis. Please note, our homes are available on a first-come, first-serve basis. We cannot reserve homes without a signed lease from all applicants and security deposits paid. PropNest Llc requires applicants to pass a credit & background check and have full proof of 3.0x monthly income (300% of rent). Additional monthly fees: Pest control $10 monthly, common area utilities are charged back with rent monthly, water is a sub-meter and changed back based on occupancy and the number of occupants. Wash/Dryer available to lease at an additional cost monthly. Exercise caution against scams - all transactions are securely conducted through the resident portal. Note, some photos may be virtually staged. Amenities: dishwasher, microwave, range, refrigerator, full size W/D hook ups. Pet Friendly, Dishwasher & Refrigerator.

RentalSource last checked: July 20, 2025 at 10:42 AM ET

Last updated: July 19, 2025 at 3:16 PM ET

Listed by: Propnest, (901) 979-7045

Property Summary

Property Type:	Apartment
Rental Fee:	$1,195
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	950 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	81833049

Property Amenities

• Dishwasher

• Microwave

• Pet Friendly

• Refrigerator

• Washer/Dryer Hk-up

Community Features

• Reserved Parking

Leasing Information

Deposit: $1,195.

Additional Details

Apartment for rent in Memphis for $1,195 with 2 beds, 1 bath, 950 sqft, pet friendly and located at 316 S Cleveland #1 in Memphis, TN 38104. The rental price of $1,195 is 12.1% ($129) higher than the average rent of $1,066 for a 2 bedroom apartment in Memphis, TN and 2.8% ($35) lower than the average rent of $1,230 for a 2 bedroom apartment in Shelby County. 316 S Cleveland #1 was advertised by Propnest yesterday at 10:30 AM ET and last checked today at 10:42 AM ET.

Affordability Calculator

Can I afford to live at 316 S Cleveland #1?

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

$47,800 /year

With your chosen rent-to-income ratio, an annual income of $47,800 is recommended to comfortably afford this 2-bedroom rental priced at $1,195 per month.

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

Apartment for rent

$1,195

Rent Affordability Calculator

Interested in 316 S Cleveland #1?

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Property managed by:

Propnest
(901) 979-7045

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