Newly Renovated Unit in Heart of Memphis – photo 1
1 / 7

Newly Renovated Unit in Heart of Memphis

📍 291 Red Oak Street, Memphis, TN 38112

Monthly Rent

$795

Bedrooms

2 bd

Bathrooms

1 ba

Sq Feet

761 sq ft

Updated 29 days ago

📋 Property Overview

2 bd, 1 ba rental in Binghampton-Lester, Memphis, Tennessee. Interior space is 761 sq ft. Rent is $795 a month. The unit features recently renovated and range. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 48, most errands need a car. Transit Score is 32. That is 31% below the local median of $1,150.

🚶 Getting Around

  • Walk Score48/100

    Car-Dependent

  • Transit Score32/100

    Some Transit

4 transit routes nearby

  • 4Bus
2 bedroom · typical rent nearby$1,207

Market trend: Falling · as of August 2026

💵 Costs & Lease

Deposit
$845
Lease length
12 months
Units available
1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 2 Bed, 1.0 Bath2 bd · 1 ba · 720 sq ftNone available right now
  • 2BR/1BA2 bd · 1 ba · 761 sq ft$7951 unit available

🧾 Move-in Costs & Lease

Security deposit
$845
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

$15–$19/ monthEstimate — not a quote

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

🏠 Inside the Home

  • Recently renovated
  • Range

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

✨ Features & Details

  • Recently renovated
  • Range
  • 761 sq ft

📊 Property Facts

Walk Score
48 · Car-Dependent
Transit Score
32 · Some Transit

🎓 Nearby Schools

  • William Herbert Brewster Elementary School · PK-52/10 · 0.6 mi
  • Middle College High School · 9-127/10 · 1.4 mi
  • Maxine Smith Steam Academy · 6-88/10 · 1.4 mi
  • Treadwell Elementary School · PK-52/10 · 1.7 mi
  • Idlewild Elementary School · K-57/10 · 1.8 mi
  • Snowden School · PK-84/10 · 2.0 mi
  • Peabody Elementary School · PK-54/10 · 2.1 mi
  • Grahamwood Elementary School · PK-55/10 · 2.1 mi
  • KIPP Memphis Middle Academy · 5-62/10 · 2.2 mi
  • Promise Academy · K-53/10 · 2.3 mi

🏡 Floor Plans

  • 2 beds, 1 bath, $795

    Availability: available

    $795

❓ Frequently Asked Questions

$795

per month

Available Now
2 bd
1 ba
761 sq ft

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?

Facebook MessengerChat on MessengerFollow us · new listings and updatesRivoRenton Facebook

Chat with an agent any time — WhatsApp is answered 24/7 with an instant reply. Our team is also available Mon–Fri 8 AM–10 PM · Sat 10 AM–4 PM.

What do you think of this home?