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Rivergrove Apartments

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(901) 256-6513
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4000 Rio Lobo Dr, Memphis, TN 38128

Contact

Rivergrove

4000 Rio Lobo Dr
Memphis, TN 38128
(901) 256-6513
Rivergrove in Memphis, TN - Building Photo
  • Studio–3 Bedrooms
  • $695-$1,185 Pricing
  • 510–1,425 Square Feet

Rent Specials

$500 OFF MOVE IN

Property Contact Info

Office Hours

Monday8:00 am–5:00 pm
Tuesday8:00 am–5:00 pm
Wednesday8:00 am–5:00 pm
Thursday8:00 am–5:00 pm
Friday8:00 am–5:00 pm
SaturdayBy Appointment
SundayClosed

Floorplan Pricing and Availability

Rivergrove offers Studio to 3 Bedroom apartments starting from $695 and having 510–1,425 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    Floorplan EFF

    Studio, 1 Bath, 510 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $695Call for AvailabilityEFF510 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $695
  • 1 Bedroom

    Floorplan 1B

    $799

    1 Bed, 1 Bath, 750 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $799Available NowPO-3966-1750$300
    $799Available NowPO-3966-2750$300
    $799Available NowRG-3965-3750$300

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $799

    Deposit

    • $300 deposit

    Unit PO-3966-1 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit PO-3966-1 Rent and Fees

    Unit Price

    • $799
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $799

    Unit PO-3966-2 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit PO-3966-2 Rent and Fees

    Unit Price

    • $799
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $799

    Unit RG-3965-3 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit RG-3965-3 Rent and Fees

    Unit Price

    • $799
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $799
  • 2 Bedrooms

    Floorplan 2B

    $965

    2 Beds, 1.5 Baths, 1125 sq ft
    Available Now
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $965Available NowDC-39671125$300
    $965Available NowRL-40121125$300
    $965 September 10, 2026BC-39851125$300

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $965

    Deposit

    • $300 deposit

    Unit DC-3967 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit DC-3967 Rent and Fees

    Unit Price

    • $965
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $965

    Unit RL-4012 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit RL-4012 Rent and Fees

    Unit Price

    • $965
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $965

    Unit BC-3985 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit BC-3985 Rent and Fees

    Unit Price

    • $965
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $965

    Floorplan 2D

    $1,025

    2 Beds, 1.5 Baths, 1225 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,025Available NowDC-39651225$300

    Unit DC-3965 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit DC-3965 Rent and Fees

    Unit Price

    • $1,025
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,025

    Floorplan 2DF

    $1,045

    2 Beds, 1.5 Baths, 1425 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,045Available NowBC-40191425$300
    $1,045 August 21, 2026RG-40191425$300

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,045

    Deposit

    • $300 deposit

    Unit BC-4019 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit BC-4019 Rent and Fees

    Unit Price

    • $1,045
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,045

    Unit RG-4019 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit RG-4019 Rent and Fees

    Unit Price

    • $1,045
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,045
  • 3 Bedrooms

    Floorplan 3DF

    $1,185

    3 Beds, 1.75 Baths, 1425 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,185Available NowBC-40081425$300

    Unit BC-4008 Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Unit BC-4008 Rent and Fees

    Unit Price

    • $1,185
    • View Details and Rent Estimate

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,185

    Floorplan 3D

    3 Beds, 1.75 Baths, 1425 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,125Call for Availability3D1425 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,125
    Show Unavailable Floorplans
Price shown is base rent. 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.

Schedule a Tour

Request Tour
Call us at: (901) 256-6513 to request a tour.

Property Information

  • 158 Units
  • 2 Stories
  • Built in 1972

Lease Terms

  • 6, 9, 12 mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$49.00

Other Fees and Policies

Pet Fees

Cat
One-Time Pet FeeiMax of 1. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 1. Charged Per Pet.$25.00
25 lbs. Weight Limit
Comments:

Max of 1.

Dog
Monthly Pet FeeiMax of 1. Charged Per Pet.$25.00
One-Time Pet FeeiMax of 1. Charged Per Pet.$300.00
25 lbs. Weight Limit
Comments:

Max of 1.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Laundry Facilities

Community Features

  • Walk Up

Recreation and Fitness

  • Pool

Interior Features

  • Balcony
  • Fireplace
  • Tub/Shower
  • Cable Ready
  • Washer/Dryer Hookup
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Freezer
  • Kitchen
  • Dishwasher
  • Oven
  • Range
  • Refrigerator
Google Map

Map

4000 Rio Lobo Dr, Memphis, TN 38128

Getting Around

  • 30 / 100 Somewhat walkable

    Few day-to-day needs are within walking distance

  • 30 / 100 Limited public transit

    Transit is available for some trips

  • 40 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 80 / 100 Very car friendly

    Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 20 / 100 Cafes

    Some cafés within walking distance

  • 20 / 100 Nightlife

    Some bars within walking distance

  • 30 / 100 Shopping

    Some shops within walking distance

  • 70 / 100 Parks

    Large amount of park space nearby

  • 100 / 100 Noise Level

    Virtually no sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Rivergrove

Where is Rivergrove located?

Rivergrove is located at 4000 Rio Lobo Dr near the Raleigh area of Memphis, TN

What is the current rent range at Rivergrove?

Studio to 3 Bedroom Apartments at Rivergrove currently range from $695 to $1,185

When is the leasing office open?

  • The office Hours for Rivergrove are
  • Monday 8:00 am–5:00 pm
  • Tuesday 8:00 am–5:00 pm
  • Wednesday 8:00 am–5:00 pm
  • Thursday 8:00 am–5:00 pm
  • Friday 8:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Rivergrove is: $500 OFF MOVE IN.

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.2

    The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

  • Affordability Good Value3.6

    The Rivergrove Apartments are 0.28% more expensive than the average apartment in the Raleigh area, and 30.3% cheaper than the average apartment city-wide.

    Rent Comparison to the Raleigh Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$799$783+$162.0%
    2 Bedroom$965$961+$40.4%
    3 Bedroom$1,125$1,140-$15-1.3%
    Studio$695$695+$0-0.0%

    Rent Comparison to the city of Memphis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$799$1,134-$335-29.5%
    2 Bedroom$965$1,261-$296-23.5%
    3 Bedroom$1,125$1,669-$544-32.6%
    Studio$695$1,080-$385-35.6%

    Methodology: On 08/15/2026, ApartmentHomeLiving.com compared current rents by floorplan to 89 other apartment communities in the immediate area around Rivergrove (Raleigh), and 2807 other apartment communities in Memphis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 08/15/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

1.0
2 Renters Reviews

Rivergrove apartments

January 24, 2018 - Review from Apartments.com
This place is horrible .. The property maintenance crew are thieves .. The neighbors are too.. My place was robbed twice I wouldn't leave my dog in these apartments.. No security no cameras and they are con artists in the office.. They half way fix things .. And she hire her family just a huge scam!!! The price is too high and the quality is too low.. The floors are caving in up stairs mold in the apartments sad needs to be condemned

Not very impressed

July 20, 2015 - Review from Apartments.com
Visited property specifically for studio advertised with washer/dryer hookups available now. Drove directly to property same day, on arrival informed by leasing office staff last studio sighed week ago, NO washer/dryer hookups in any units, no models for the available 1 BR units but can't see those until after application submitted and approved. Can't fault the website, none can be stronger than the weakest link, that's DEFINITELY this property for failing to provide accurate or current data.

Nearby Schools

Raleigh Egypt High School

Shelby County Schools
3970 Voltaire Avenue
Public School - Grades 6-12 (714 Students)
In Attendance Zone5 minute drive / 2.6 miles away
4/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Rivergrove.

Arts Museums and Landmarks

TheatreWorks

2085 Monroe Avenue
12 minute drive / 5.68 miles away

Slave Haven Underground Railroad Museum

826 North 2nd Street
14 minute drive / 6.86 miles away

Pyramid Arena

1 Auction Avenue
15 minute drive / 7.38 miles away

Big Box and Retail

Walgreens

3489 Ramill Rd
4 minute drive / 1.41 miles away

Aldi

4720 Summer Ave
8 minute drive / 3.8 miles away

Lowe's

585 N Perkins Rd
8 minute drive / 3.81 miles away

Colleges and Universities

Southwest Tennessee Community College - Elbert T. Gill Center

3833 Mountain Terrace
7 minute drive / 3.66 miles away

Southwest Tennessee Community College - Macon Cove Campus

5983 Macon Cove
9 minute drive / 4.47 miles away

Rhodes College

2000 North Parkway
9 minute drive / 4.54 miles away

Groceries

Aldi

4720 Summer Ave
8 minute drive / 3.8 miles away

The Fresh Market

2145 Union Ave
12 minute drive / 5.71 miles away

Cash Saver

1620 Madison Ave
12 minute drive / 6.05 miles away

Hospitals

Baptist Memorial Hospital - Memphis

6019 Walnut Grove Road
13 minute drive / 6.17 miles away

Spence And Becky Wilson Baptist Children's Hospital

6225 Humphreys Blvd
13 minute drive / 6.51 miles away

Baptist Memorial Hospital For Women

6225 Humphreys Blvd
13 minute drive / 6.51 miles away

Military Bases

Memphis Defense Depot

18 minute drive / 8.48 miles away

Memphis Naval Air Station

20 minute drive / 9.53 miles away

Parks and Recreation

Overton Park

Overton Park
11 minute drive / 5.31 miles away

Memphis Botanical Gardens

750 Cherry Rd
13 minute drive / 6.19 miles away

Rivergrove has 2 parks within 6.2 miles, including Overton Park, and Memphis Botanical Gardens.

Shopping Centers

Raleigh River Business Center

2830 Old Austin Peay Hwy
1 minute drive / 0.49 miles away

Skateland Center

4350-4352 Stage Rd
2 minute drive / 0.79 miles away

Epping Way Plaza

Highland
2 minute drive / 0.85 miles away

Rivergrove has 5 shopping centers within 1.1 miles.

Transit Stations

Cleveland Street-Madison Avenue Trolley

13 minute drive / 6.49 miles away

Pauline Street-Madison Avenue Trolley

14 minute drive / 6.95 miles away

Dunlap Street-Madison Avenue Trolley

15 minute drive / 7.1 miles away

Nearby Neighborhoods

Raleigh

Studio to 5 Bedroom Apartments from $649
View Rentals

Douglass

Studio to 4 Bedroom Apartments from $645
View Rentals

JFK Park South Jackson

Studio to 6 Bedroom Apartments from $495
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Memphis Studio Apartments $1,080$547$7,985
Memphis 1 Bedroom Apartments $1,134$525$2,850
Memphis 2 Bedroom Apartments $1,261$560$5,042
Memphis 3 Bedroom Apartments $1,669$829$4,074
Memphis 4 Bedroom Apartments $1,432$550$2,560

Browse Top Apartments in Memphis

Viewing: Rivergrove | Desktop Version | Listing Updated: 08/14/2026 | AHLGLD