





Affordable 3-Bedroom Rental in Memphis, TN
📍 3232 Coleman Avenue, Memphis, TN 38112
Monthly Rent
$1,260
Bedrooms
3 bd
Bathrooms
1 ba
Sq Feet
1670 sq ft
Updated 13 days ago
📋 Property Overview
Looking at Affordable 3-Bedroom Rental in Memphis, TN in Binghampton-Lester, Memphis, Tennessee: 3 bd and 1 ba. The floor plan measures 1670 sq ft. Rent is $1,260 a month. The unit features pet friendly. The building offers cats allowed, dogs allowed and accepts section 8. Pets are allowed (dogs and cats). Leases run 12 months. Availability: Available now. With a Walk Score of 38, most errands need a car. Transit Score is 35. Rent sits 10% above the area median ($1,150).
🚶 Getting Around
- Walk Score38/100
Car-Dependent
- Transit Score35/100
Some Transit
5 transit routes nearby
- 5Bus
Market trend: Falling · as of August 2026
💵 Costs & Lease
- Deposit
- $1,260
- Lease length
- 12 months
- Units available
- 1 unit
Amounts are as published by the source and may change. Confirm before applying.
📐 Floor Plan Details
- 3BR/1BA3 bd · 1 ba · 1,670 sq ft$1,2601 unit available
🧾 Move-in Costs & Lease
- Security deposit
- $1,260
- Lease length
- 12 months
- Available
- Available now
- Application fee
- $60 per applicant, paid to RivoRent
Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.
🛡️ Renters Insurance — Estimated Cost
Estimated range for Tennessee at $20,000 – $24,999 of personal property
About $191–$218 a year.
Based on what Tennessee renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 428,684 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.
Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.
Compare what companies charge and get a real quote🏢 In the Building
- Dogs allowed
- Cats allowed
- Accepts section 8
✅ Who Qualifies
Must have 3x the rent in total household income (before taxes)
🐾 Pets
- Pets
- Allowed
- Types
- Cats, Dogs
- Limit
- 1 pet
✨ Features & Details
- Pet Friendly
- Accepts section 8
- Cats allowed
- Dogs allowed
- 1670 sq ft
📊 Property Facts
- Walk Score
- 38 · Car-Dependent
- Transit Score
- 35 · Some Transit
🎓 Nearby Schools
- Treadwell Elementary School · PK-52/10 · 0.6 mi
- William Herbert Brewster Elementary School · PK-52/10 · 1.4 mi
- Douglass Elementary School · PK-83/10 · 1.4 mi
- Grahamwood Elementary School · PK-55/10 · 1.4 mi
- Promise Academy · K-53/10 · 1.6 mi
- Kingsbury High School · 9-122/10 · 1.8 mi
- Kingsbury Middle School · 7-82/10 · 1.8 mi
- Kingsbury Elementary School · PK-66/10 · 1.8 mi
- KIPP Memphis Middle Academy · 5-62/10 · 2.0 mi
- KIPP Memphis Academy Elementary · K-12/10 · 2.3 mi
🏡 Floor Plans
3 beds, 1 bath, $1400
Availability: available
$1,260
❓ Frequently Asked Questions
$1,260
per month
Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.
💬 Questions about this property?
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