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Last Updated:
1.2 miles to University of Memphis
Floor Plan Models and Units
Number of BedroomsNumber of BathroomsRent RangeSquare FootageName of Floor PlanUnit NumberAvailabilityNewly AddedView More Details
Beds Baths Rent Sq. Ft. Availability
2.5 Bathrooms
$1,350
1,250 Available Now
Available Now $1,350
1,250Sq. Ft.
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Convenient For

  • Undergraduates
  • Graduate Students
  • Faculty/Staff

3136 Monterrey Sq.-

Welcome to 3136 Monterrey Sq., Memphis, TN 38111—a beautifully fully remodeled 3-bedroom, 2.5-bathroom home located just minutes from the University of Memphis. Thoughtfully updated from top to bottom, this home offers modern finishes, stylish design... , and a spacious layout perfect for comfortable everyday living.
Step inside to discover a bright, inviting interior featuring fresh paint, updated flooring, contemporary fixtures, and a functional floor plan designed for both relaxing and entertaining. The spacious primary suite includes a private bathroom, while the additional bedrooms offer plenty of space for family, guests, or a home office. With 2.5 bathrooms, everyone has the convenience of ample space and privacy.
Conveniently located near the University of Memphis, you'll enjoy easy access to campus, shopping, restaurants, parks, and major highways, making commuting and everyday errands simple.
Don't miss your chance to lease this beautifully renovated, move-in-ready home in a prime East Memphis location. Schedule your private tour today!

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. To apply or schedule a viewing please visit

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. ***

If you have any questions, give us a call at .

Please note that the home will be rented in as-is condition.

Contact

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Shopping Centers

663-671 S Highland St Walk: 15 min Distance: 0.8 mi
632-644 S Highland St Walk: 16 min Distance: 0.8 mi
3523-3527 Southern Ave Walk: 18 min Distance: 0.9 mi

Military

Memphis Defense Depot Walk: 76 min Distance: 4.0 mi

Transit / Subway

Memphis Drive: 12 min Distance: 6.9 mi

Airports

Memphis International Drive: 12 min Distance: 6.7 mi

Colleges and Universities Nearby

University of Memphis Walk: 31 min Distance: 1.6 mi
Christian Brothers University Walk: 51 min Distance: 2.7 mi
Harding University, Memphis Walk: 60 min Distance: 3.1 mi
Rhodes College Drive: 10 min Distance: 4.9 mi

Parks and Recreation

Sharpe Planetarium Walk: 23 min Distance: 1.2 mi
Children's Museum of Memphis Walk: 37 min Distance: 1.9 mi
Dixon Gallery and Gardens Walk: 53 min Distance: 2.8 mi
Memphis Botanic Garden Walk: 57 min Distance: 3.0 mi
Memphis Zoo Drive: 9 min Distance: 4.8 mi

Schools

Melrose High
Grades 9-12
Public
3
Out of 10
Sherwood Middle School
Grades 6-8
Public
5
Out of 10
St. Anne Elementary School
Grades PK-8
Private
NR
Out of 10
Collegiate School Of Memphis
Grades 6-12
Private
NR
Out of 10
Lords Tabernacle Christian Academy
Grades K-5
Private
NR
Out of 10
Hanley K-8
Grades PK-8
Public
4
Out of 10

Ratings

Walkability

Fairly friendly

Walkability

50/ 100

Transit

Somewhat friendly

Transit

20/ 100

Bikeability

Fairly friendly

Bikeability

50/ 100

Scores provided by Local Logic

Sound

Active

Sound

75/ 100

TrafficBusy
AirportCalm
BusinessCalm

Data provided by HowLoud®

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