Azure Place Apartments
3896 Chippewa Rd,
Memphis, TN 38118
$825 - $1,460
1-4 Beds
Area Guide
Conveniently situated 10 miles southeast of downtown Memphis near the Memphis International Airport, New Getwell provides a mix of single family homes and apartments at low prices that attract a mix of young singles and families as well as retirees. Most of the neighborhood's homes are modest in square footage and sit on lots that range in size from one-eighth to one-half an acre, making them excellent starter homes. Frequent travelers enjoy living in close proximity to the airport, while downtown commuters take advantage of easy access to Interstates 55 and 240. FedEx, the largest employer in Memphis, has its hub right next to New Getwell.
As of June 2026, the average apartment rent in Parkway Village is $838 for a studio, $791 for one bedroom, $923 for two bedrooms, and $1,067 for three bedrooms. Apartment rent in Parkway Village has increased by 1.9% in the past year.
Studio
418 sq ft
Average Sq Ft
$838/month
Average Rent
1 BR
660 sq ft
Average Sq Ft
$791/month
Average Rent
2 BR
923 sq ft
Average Sq Ft
$923/month
Average Rent
3 BR
1,338 sq ft
Average Sq Ft
$1,067/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Parkway Village - Memphis, TN is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Somewhat Bikeable
Bikeability
Essentials are more spread out in Parkway Village - Memphis, TN, so everyday errands require more planning.
Supermarket Within a 20 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Limited Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Parkway Village - Memphis, TN provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Parkway Village - Memphis, TN from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Few to No Nightlife Options Nearby
Nightlife
Not Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.