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4781 Way

Memphis, TN 38118 - Shelby County

Townhouse

3 beds

2 baths

1,444 sqft

About 4781 Way

4781 Townhouse Way, Memphis, TN 38118. Well-maintained 3-bedroom, 2-bath townhouse-style home located in Memphis. This property offers a functional layout with a connected living room and dining room, creating an open and practical main living space. The home features central heat and air for year-round comfort. The kitchen is efficiently laid out and the home includes a hallway laundry closet with washer and dryer hookups. Exterior features include a patio area and storage space for added convenience. Conveniently located near schools, shopping and major roadways. Rental Terms: Rent: $1,050/month. Security Deposit: $1,000. Application Fee: $55 per applicant (non-refundable). Additional Storage, Air Conditioner, Carpet, Carport, Hard Surface Counter Tops, Heat, Window Coverings, Wd Hookup, Vinyl Flooring, Tile Flooring, Patio & Private Patio.

RentalSource last checked: June 12, 2026 · 1:11 PM ET

Last updated: June 3, 2026 at 2:47 PM ET

Managed by: HomePlace Real Estate · (901) 210-9053 · DoorLoop

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Townhouse
Rental Fee:	$1,050
Bedrooms:	3 beds
Bathrooms:	2 baths

Size:	1,444 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83572915

Property Amenities

• Balcony/Patio

• Carpeted Floors

• Washer/Dryer Hk-up

• Walk-in Closets

Community Features

• Laundry Facilities

• Parking

• Storage

Additional Details

Townhouse for rent in Memphis for $1,050 with 3 beds, 2 baths, 1,444 sqft and located at 4781 Way in Memphis, TN 38118. The rental price of $1,050 is 22.1% ($298) lower than the average rent of $1,348 for a 3 bedroom townhouse in Memphis, TN and 25.6% ($361) lower than the average rent of $1,411 for a 3 bedroom townhouse in Shelby County. 4781 Way was advertised by HomePlace Real Estate on May 6, 2026 at 9:24 AM ET, last updated on June 3, 2026 at 2:47 PM ET and last checked today at 1:11 PM ET.

Affordability Calculator

Can I afford to live at 4781 Way?

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

$42,000 /year

With your chosen rent-to-income ratio, an annual income of $42,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,050 per month.

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

Townhouse for rent

$1,050

Rent Affordability Calculator

Interested in 4781 Way?

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Property managed by:

HomePlace Real Estate
(901) 210-9053

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