Gray's Creek

Cordova, TN

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Gray's Creek - Cordova, TN

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A rural locale that offers tranquility and space just minutes from the city

Nature Outdoors Rural Peaceful Suburban Landscape

Just half an hour from Downtown Memphis, Gray's Creek features generous condos, apartments, and houses for rent. This rural area is a haven for equestrians and nature lovers. The Latting Hills Equestrian Center on Latting Hills Cove center boards horses in a clean, comfortable barn on a property with hiking trails and a six-acre lake. The bulk of the neighborhood is untouched land and forest, which makes for a peaceful atmosphere overall.

Chain restaurants, stores, and businesses line North Houston Levee Road. There are plenty of supermarkets and specialty stores too. The Alrahmah Bakery and Meat market specializes in Mediterranean foods, just as the Baskin-Robbins next door specializes in many flavors of ice cream. South of these establishments stands Sophie's Donuts, whose glazed and iced donuts get rave reviews from locals.

Gray’s Creek is the perfect locale for those who want more space than the city can afford, but thankfully this scenic neighborhood isn’t too far from the amenities of Memphis.

Rent Trends

As of April 2025, the average apartment rent in Gray's Creek is $1,292 for one bedroom, $1,464 for two bedrooms, and $1,774 for three bedrooms. Apartment rent in Gray's Creek has increased by 2.4% in the past year.

  • 1 BR

  • 907 sq ft

    Average Sq Ft

  • $1,292/month

    Average Rent

  • 2 BR

  • 1,208 sq ft

    Average Sq Ft

  • $1,464/month

    Average Rent

  • 3 BR

  • 1,435 sq ft

    Average Sq Ft

  • $1,774/month

    Average Rent

Transportation

18

Car-Dependent

out of 100 WalkScore® Rating

Walking is difficult in this neighborhood, which is considered a car-dependent area.

26

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

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Methodology

† 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 February 2025.