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Garage

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505 Tennessee St

Memphis, TN 38103 - Shelby County

House

1 beds

1 baths

About 505 Tennessee St

Stunning Riverfront Pent House in the Heart of Downtown Memphis. Lots of Character and Charm. Loft comes with 2 parking space in garage, access to a storage unit, a wood burning fireplace and a large flex room that is used as a closet. You will find an open concept with top of the line appliances in the kitchen. The building only offers 6 Pent House units so you will get to enjoy little traffic. All applicants must qualify per Crye-Leike Property Management. Minimum 13 month lease. Must Have Owner Approval of Pets. Pet Friendly.

RentalSource last checked: July 17, 2025 at 3:16 PM ET

Last updated: June 9, 2025 at 3:03 PM ET

Listed by: Crye-Leike Property Management, (901) 758-5678

Property Summary

Property Type:	House
Rental Fee:	$1,950
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	Inquire
Pet Friendly:	Yes
Has Garage:	Yes
ID:	81596866

Property Amenities

• Fireplace

• Garage

• Pet Friendly

• Walk-in Closets

Community Features

• Reserved Parking

• Storage

Additional Details

House for rent in Memphis for $1,950 with 1 bed, 1 bath, pet friendly and located at 505 Tennessee St in Memphis, TN 38103. The rental price of $1,950 is 103.8% ($993) higher than the average rent of $957 for a 1 bedroom house in Memphis, TN and 76.2% ($843) higher than the average rent of $1,107 for a 1 bedroom house in Shelby County. This house is in the Shelby County School District and the nearest schools are Downtown Elementary School, Bellevue Junior High School and Medical District High School. 505 Tennessee St was advertised by Crye-Leike Property Management on June 9, 2025 at 8:49 AM ET and last checked today at 3:16 PM ET.

Affordability Calculator

Can I afford to live at 505 Tennessee St?

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

$78,000 /year

With your chosen rent-to-income ratio, an annual income of $78,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,950 per month.

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

House for rent

$1,950

Rent Affordability Calculator

Interested in 505 Tennessee St?

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Property managed by:

Crye-Leike Property Management
(901) 758-5678

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