Houses for Rent Under $700 Memphis TN

Finding Affordable Housing in Memphis, TN: A Guide to Rentals Under $700: Houses For Rent Under 0 Memphis Tn

Houses for rent under 0 memphis tn – Finding a rental property under $700 in Memphis, Tennessee, requires careful consideration of various factors. This guide provides an overview of neighborhoods, property features, the rental process, transportation, and community resources to help potential renters make informed decisions.

Neighborhood Analysis

Three neighborhoods in Memphis with rental properties potentially available under $700 are: Berclair, Frayser, and South Memphis. Each offers a unique set of advantages and disadvantages.

Neighborhood	Crime Rate	School District	Amenities
Berclair	Moderate; check local crime statistics for specific areas.	Shelby County Schools; research specific school ratings within the neighborhood.	Proximity to shopping centers, some restaurants, and parks.
Frayser	Higher than average; requires thorough research into specific areas within Frayser.	Shelby County Schools; check individual school performance data.	More limited amenities compared to Berclair, with fewer shopping options.
South Memphis	High in certain areas; careful research is crucial before choosing a specific location.	Shelby County Schools; investigate individual school performance within the chosen area.	Access to some amenities, but may require longer travel times compared to other neighborhoods.

Berclair generally offers a better balance of affordability, safety, and convenience compared to Frayser and South Memphis, which have higher crime rates and potentially fewer amenities. However, rental availability in Berclair within the $700 budget might be more competitive.

Living in Frayser and South Memphis might present challenges regarding safety and access to amenities, but could offer more affordable housing options. Thorough research and careful selection of a specific location within these neighborhoods are crucial.

Property Features & Availability

Houses for rent under $700 in Memphis typically feature a limited number of amenities and smaller square footage compared to more expensive properties.

• Older homes
• Smaller lot sizes
• Basic appliances (refrigerator, stove)
• Limited or no central air conditioning
• Potential for needed repairs or updates

These properties often range from 700 to 1200 square feet and typically feature 2-3 bedrooms and 1 bathroom. A common layout might include a living room, kitchen, and bedrooms clustered together. For example, a typical house might have a small living room connected to a galley-style kitchen and two small bedrooms sharing a single bathroom.

Hypothetical Listing: 2-bedroom, 1-bathroom house in Berclair. The exterior features a modest, well-maintained lawn and a small front porch. The interior is functional, with freshly painted walls, new flooring in the kitchen and bathroom, and updated appliances. The living room is bright and airy, while the bedrooms are cozy. The bathroom is clean and functional.

Rental Process & Costs

Renting a house in Memphis typically involves several steps.

1. Finding a property: Using online listings, real estate agents, or word-of-mouth.
2. Application process: Completing a rental application, providing references, and undergoing a background check.
3. Security deposit: Paying a security deposit, typically one or two months’ rent.
4. Lease agreement: Signing a lease agreement outlining terms and conditions.
5. Move-in: Paying first month’s rent and moving into the property.

Houses under $700 are significantly more affordable than those in higher price ranges. The average rental cost for homes in higher price brackets can be double or triple the $700 mark, depending on location and amenities.

Transportation & Commute, Houses for rent under 0 memphis tn

Public transportation in Memphis, including the Memphis Area Transit Authority (MATA) bus system, is available but may not be the most convenient option for all locations. Specific routes and schedules vary depending on the neighborhood.

Finding houses for rent under $700 in Memphis, TN can be challenging, requiring diligent searching and perhaps some compromises. However, if you’re open to exploring other areas, you might consider looking further afield; for example, you could check out options like houses for rent Tifton, GA , which may offer more affordable choices. Ultimately, though, your best bet for finding a suitable rental under $700 remains focused on the Memphis, TN market.

Commute times to major employment centers will vary greatly depending on the specific location of the rental property and the workplace. Using a car is often necessary for efficient commuting, especially from the neighborhoods mentioned earlier. Relying solely on public transportation might lead to significantly longer commute times.

Using a car offers greater flexibility and speed for commuting, while public transport, though potentially more affordable, can involve longer travel times and less frequent service, potentially impacting a renter’s daily schedule.

Community Resources & Amenities

Access to community resources varies across the three neighborhoods.

Resource Type	Location	Accessibility	Distance from Rental Properties (example)
Grocery Stores	Locations vary by neighborhood; check local listings.	Accessibility varies; may require car travel in some areas.	1-5 miles, depending on location.
Healthcare Facilities	Hospitals and clinics are present but distribution varies across neighborhoods.	Accessibility varies; may require car travel or reliance on public transport.	2-10 miles, depending on location and specific facility.
Parks	Parks are present in various locations; check local maps.	Accessibility varies; walking distance in some areas, requiring car travel in others.	0.5-3 miles, depending on location.

Easy access to essential resources like grocery stores, healthcare, and parks significantly improves the quality of life for renters. The availability and proximity of these resources should be a key factor when choosing a neighborhood.

Questions Often Asked

What are the typical lease terms for houses under $700 in Memphis?

Lease terms typically range from six months to one year, but shorter-term leases might be available, potentially at a slightly higher cost.

Are pets allowed in houses under $700?

Pet policies vary greatly depending on the landlord and property. Some landlords may allow pets with an additional fee or deposit, while others may have strict “no pets” policies. Always inquire directly with the landlord.

What utilities are usually included in the rent?

Utilities are rarely included in rent for houses under $700 in Memphis. Renters should expect to pay for electricity, water, gas, and trash separately.

How common are utilities included in the rent for properties under $700?

It’s uncommon for utilities to be included in the rent for properties under $700 in Memphis. Expect to pay for them separately.