# Park Terrace > Park Terrace, Memphis, TN: 2 units from $849/mo. See this building's full price history, tracked daily for every unit. Prices verified November 6, 2026. Canonical: https://average-rent.com/city/memphis-tn/park-terrace-memphis-tn/ ![Park Terrace apartments in Memphis, TN](https://average-rent.com/api/photo/p/21142?w=1200) Updated November 6, 2026 at 9:29 a.m. CT 2.2 (5 reviews) [Official Website](https://www.parkterracememphis.com/?utm_knock=g) [(901) 341-4220](tel:%28901%29 341-4220) Live pricing, refreshed November 6, 2026 at 9:29 a.m. CT 2 Units Listed $849 Starting at $849 Average $849 Highest $1.79 Per Sq Ft [PRO](https://whop.com/work4coins-llc/average-rent-pro/): Avg Days Listed How does this compare? [View Midtown rent trends](https://average-rent.com/city/memphis-tn/trends/38104/) ## Price Breakdown ### Rent by Unit ### Price vs. Square Footage ## Price History Lines hold the last known price between updates. Diamond markers show changes in quote terms. Timeframe ### Property Price Trend ### Recorded building rent history | Date or category | Average monthly rent (USD) | | --- | --- | | 2026-10-10 | 916 | | 2026-10-11 | 916 | | 2026-10-12 | 916 | | 2026-10-13 | 916 | | 2026-10-14 | 916 | | 2026-10-15 | 916 | | 2026-10-16 | 916 | | 2026-10-17 | 916 | | 2026-10-26 | 849 | | 2026-10-27 | 849 | | 2026-10-28 | 849 | | 2026-10-29 | 849 | | 2026-10-30 | 849 | | 2026-10-31 | 849 | | 2026-11-01 | 849 | | 2026-11-02 | 849 | | 2026-11-06 | 849 | ## Property Intelligence How is this calculated? Negotiation Leverage Score (0-100) Based on 5 observable signals from the property's listing data: - +30 pts: 15+ units currently listed - +25 pts: Active move-in specials - +20 pts: Deep discounts (>$150/mo off) - +15 pts: 5+ distinct floor plans - +10 pts: 25+ units listed All signals come directly from the property's own listings. This building has no published revenue estimate yet: we publish occupancy and building-size figures only when the building size is stated by the property or our unit-level observation history is deep enough to model it. Listed Units 2 Limited availability 1 floor plan Move-in Specials 0 No active promotions Negotiation Leverage Limited leverage The available listings show few signs of room to negotiate. ### Price vs. Midtown Neighborhood [Azur Tower Apartments](https://average-rent.com/city/memphis-tn/azur-tower-apartments-memphis-tn/): $798 [The Courtyard @ 1460 Monroe](https://average-rent.com/city/memphis-tn/the-courtyard-1460-monroe-memphis-tn/): $799 [The Courtyard @ Monroe Flats](https://average-rent.com/city/memphis-tn/the-courtyard-monroe-flats-memphis-tn/): $799 Park Terrace $849 [Eleven60 Apartments](https://average-rent.com/city/memphis-tn/eleven60-apartments-memphis-tn/): $899 [Harbert Court Apartments – Central Gardens](https://average-rent.com/city/memphis-tn/harbert-court-apartments-central-gardens-memphis-tn/): $925 [Cherokee Arms Apartments](https://average-rent.com/city/memphis-tn/cherokee-arms-apartments-memphis-tn/): $925 [The Sylvia Apartments](https://average-rent.com/city/memphis-tn/the-sylvia-apartments-memphis-tn/): $985 [Art Lofts at Overton](https://average-rent.com/city/memphis-tn/art-lofts-at-overton-memphis-tn/): $1,149 [Madison Midtown Apartments](https://average-rent.com/city/memphis-tn/madison-midtown-apartments-memphis-tn/): $1,270 [Bristol On Union Apartments](https://average-rent.com/city/memphis-tn/bristol-on-union-apartments-memphis-tn/): $1,298 Comparing 11 apartments in Midtown. Click any bar to view that building. [See Midtown rent trends on the Memphis, TN map](https://average-rent.com/city/memphis-tn/rent-map/) [Explore Memphis, TN on the interactive map](https://average-rent.com/search/#city=memphis-tn) ## Available Units Sort 2 units Select a unit to see its price history and link to the rental site. Studio / 1 Bath Unit 1899-67 $849/mo 474 ft² · $1.79/ft² Starting base rent Available: Now Studio / 1 Bath Unit 1899-43 $849/mo 474 ft² · $1.79/ft² Starting base rent Available: Now | Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Listed | Details | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1899-67 | | Studio / 1ba | 474 | $849 Starting base rent | $1.79 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | | 1899-43 | | Studio / 1ba | 474 | $849 Starting base rent | $1.79 | Now | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | | City Club ## Resident Notes & Access Codes Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Memphis, TN notes](https://average-rent.com/city/memphis-tn/resident-access/) No resident notes for this property yet. ## Similar Apartments in Memphis, TN [Cherokee Arms Apartments](https://average-rent.com/city/memphis-tn/cherokee-arms-apartments-memphis-tn/): ![Cherokee Arms Apartments apartments](https://average-rent.com/api/photo/p/21138?w=640) From $925/mo 4.3 rating 1 unit 0.8 mi away · 9% above [Harbert Court Apartments – Central Gardens](https://average-rent.com/city/memphis-tn/harbert-court-apartments-central-gardens-memphis-tn/): ![Harbert Court Apartments – Central Gardens apartments](https://average-rent.com/api/photo/p/21137?w=640) From $925/mo 5 rating 1 unit 0.9 mi away · 9% above [The Courtyard @ 1460 Monroe](https://average-rent.com/city/memphis-tn/the-courtyard-1460-monroe-memphis-tn/): ![The Courtyard @ 1460 Monroe apartments](https://average-rent.com/api/photo/p/21136?w=640) From $799/mo 3 rating 1 unit 0.9 mi away · 6% below [Eleven60 Apartments](https://average-rent.com/city/memphis-tn/eleven60-apartments-memphis-tn/): ![Eleven60 Apartments apartments](https://average-rent.com/api/photo/p/21145?w=640) From $899/mo 3.7 rating 1 unit 1.4 mi away · 6% above [The Courtyard @ Monroe Flats](https://average-rent.com/city/memphis-tn/the-courtyard-monroe-flats-memphis-tn/): ![The Courtyard @ Monroe Flats apartments](https://average-rent.com/api/photo/p/21141?w=640) From $799/mo 4 rating 1 unit 0.9 mi away · 6% below [The Alma](https://average-rent.com/city/memphis-tn/the-alma-memphis-tn/): ![The Alma apartments](https://average-rent.com/api/photo/p/21135?w=640) From $899/mo 3.7 rating 2 units 0.3 mi away · 6% above ### Midtown Rent Trends See how rent prices are changing in Midtown and across Memphis, TN. [View Trends](https://average-rent.com/city/memphis-tn/trends/38104/)