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JOHN MADISON EXUM TOWERS I & II

LIHTC
3125 & 3155 SHARPE AVENUE, MEMPHIS, TN, 38111
Heads up:we don’t track current vacancy or pricing for individual units. This page describes the building’s federal-program participation and unit mix as reported to HUD. Contact property management directly for available units, application steps, and waitlist status.

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Location

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Building details

Income-restricted units
0
Total units
0
Year placed in service
2016
Construction type
unknown
Affordability period
n/a

Fair Market Rent for 38111

Zip-level (SAFMR)
BedroomsLocal FMR
Studio$1,030
1 bedroom$1,120
2 bedroom$1,240
3 bedroom$1,640
4 bedroom$1,910

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source: HUD Fair Market Rent, FY2026.

Estimated total housing cost for a 2-bedroom unit at FMR: $1,240 rent + $161 utilities = $1,401/mo.

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