$625/mo
- 1 Bed
- 1 Bath
- 560 sqft
847 Ayers St, Memphis, TN 38107
Cost and fees breakdown
Price may not include required fees and charges.
Home Highlights
Single-Family Home
No Pets
$625 deposit
Local Information
-- mins to
About this House
This is a one bedroom one full bathroom home that has been freshly painted throughout. There is new LVP wood flooring that has also been installed throughout as well. Very nice spacious living room and great sized kitchen. Nice duplex that will rent quickly!
Please note that due to the current rental housing shortage in the Memphis area the demand for our available homes is very high. The application review process is taking longer than normal. You should expect a response within 8-10 days.
All Advantage Property Management residents are eligible to enroll in the Resident Benefits Package (RBP) for $36/month which includes liability insurance, credit building to help boost the residents credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), quarterly pest control , our best-in-class resident rewards program, and much more! Enrollment is not required its optional. More details upon application.
We encourage you to view this property prior to applying.
Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.
We are proud to offer:
24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.
100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.
Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.
Rental Requirements:
-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy.
A one-time lease setup fee of $100.00 will be charged by Advantage Property Management at the time the lease is signed.
Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee.
Please note that due to the current rental housing shortage in the Memphis area the demand for our available homes is very high. The application review process is taking longer than normal. You should expect a response within 8-10 days.
All Advantage Property Management residents are eligible to enroll in the Resident Benefits Package (RBP) for $36/month which includes liability insurance, credit building to help boost the residents credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), quarterly pest control , our best-in-class resident rewards program, and much more! Enrollment is not required its optional. More details upon application.
We encourage you to view this property prior to applying.
Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.
We are proud to offer:
24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it's online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.
100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.
Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.
Rental Requirements:
-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy.
A one-time lease setup fee of $100.00 will be charged by Advantage Property Management at the time the lease is signed.
Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee.
Contact this Building
Details for 847 Ayers St
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Days on Market: 36 days on Trulia |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Single Family Home |
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Lease Term: Contact For DetailsDeposit: $625 |
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Costs and Fees
Required monthly rent & fees
- Base rent$625/mo
Required one-time fees
- Security deposit$625
- Application feeContact for details
- Administrative feeContact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
Rental Market Trends in Downtown
Last updated Sep 2026
Trulia Rent Estimate$640/mo
Average rent
$1.15K
Available listings
407
Around this home
What Locals Say about Downtown
At least 264 Trulia users voted on each feature.
85 % Say there are sidewalks
76 % Say car is needed
72 % Say it's dog friendly
71 % Say streets are well-lit
64 % Say it's walkable to restaurants
64 % Say there's holiday spirit
60 % Say parking is easy
56 % Say yards are well-kept
48 % Say it's quiet
45 % Say kids play outside
43 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
40 % Say people would walk alone at night
38 % Say it's walkable to grocery stores
37 % Say there are community events
22 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Local Legal Protections
Local Legal Protections
LGBTQ • Source of Income
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 11, 2026 Source: Zillow Rentals | Listed For Rent | $625 |
Aug 10, 2026 Source: Zillow Rentals | ListingRemoved | $625 |
Jun 5, 2026 Source: Zillow Rentals | Listed For Rent | $625 |
Dec 24, 2025 Source: Zillow Rentals | ListingRemoved | $625 |
Jun 12, 2025 Source: Zillow Rentals | PriceChange | $625 Price decreased by 4% |
Dec 7, 2024 Source: Zillow Rentals | Listed For Rent | $650 |
Sep 29, 2023 Source: Zillow Rentals | ListingRemoved | |
Aug 29, 2023 Source: Zillow Rentals | Listed For Rent | $595 |
Oct 20, 2020 Source: Agent Provided | ListingRemoved | $495 |
Oct 6, 2020 Source: Agent Provided | Listed For Rent | $495 |
Nov 3, 2008 Source: N/A | Sold | $8,455 |
Jul 6, 2004 Source: N/A | Sold | $10,857 |
Jan 27, 2004 Source: N/A | Sold | $38,651 |
Nov 12, 2002 Source: N/A | Sold | $45,000 |
Advantage Property Management TN
Advantage Property Management, LLC
Phone Number: 901-460-3546
Frequently asked questions about 847 Ayers St
- What income do you need to rent 847 Ayers St?Most landlords look for monthly gross income of about 3× rent, or roughly $25K per year to rent 847 Ayers St in Memphis, TN at $625/mo.
- How does the rent for 847 Ayers St compare to similar 1-bedroom houses in Downtown?847 Ayers St in Memphis, TN rents about 18% below the area average for 1-bedroom houses in Downtown ($765/mo).
- What are the closest schools to 847 Ayers St?The closest schools to 847 Ayers St in Memphis, TN are KIPP Memphis Collegiate Middle (rated 5/10), Manassas High School (rated 3/10), Perea Elementary School (Pre-K, rated 6/10).
- What do residents say about the Downtown neighborhood?Residents describe the Downtown neighborhood in Memphis, TN as pedestrian-friendly, dog-friendly, and walkable to restaurants. See apartments for rent in Downtown, Memphis.
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$22,500 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

