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5+ Days Ago
Highlights
Pet Friendly
Location
1503 Hopewell Rd, Memphis, TN 38117, USA|Colonial Acres
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Less expensive
Great for
Pet owners
Floor plans
| 1503 Hopewell Road | 3 bed | 1 bath | 975 sqft | Beautifully Renovated 3BR, 1BA Home in Memphis, TN Available for Rent: Year Built/Updated: Rehabbed in 2024 Features: Solid flooring throughout, spacious living areas, and a carport for parking. Key Features: Bedrooms: 3 Bathrooms: 1 Carport Washer/Dryer hookups (vent located in-house) Kitchen Appliances Available for Rent: Refrigerator, dishwasher, stove. Available for $20/month each, payable directly to maintenance. Lease Terms: 12-month lease Security Deposit Due at Lease Signing (Based on credit score): 1x rent for 710+ credit score 1.5x rent for 625-709 credit score 2x rent for below 625 credit score Tenant Insurance: Proof of renter’s insurance with a $300K liability minimum is required, with the property owner listed as an interested party. Tenant must maintain insurance throughout the lease. Pets: Allowed: Up to 2 pets (cats and dogs up to 25 lbs) Pet Rent: $25/month per pet Non-refundable Pet Deposit: $250 per pet No Fighting Breeds: (e.g., Pit Bulls, Rottweilers, Akitas, Dobermans, etc.) Utilities: Tenant Responsibilities: Set up utilities (electric, water, etc.) in tenant's name before move-in Tenant is responsible for all yard maintenance (grass, plants, etc.), cleaning, and upkeep of flooring and kitchen areas Replace air filters every 90 days (recommended 30-60 day check for HVAC) Water: Must be run slowly during deep-freeze periods. Requirements: Application Process: Credit score, background check, and references are required for all tenants 18+. $40 application fee through our management company. Income: 3x monthly rent Smoking: This is a non-smoking property (No smoking indoors or on the premises). Tenant Verification: All applicants must reply to an email from Hemlane to fill out credit score, income, and ID verification. Additional Information: Languages Spoken: Se habla español | Italiano parlato | Japanese spoken No HOA |
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Amenities for 1503 Hopewell Road
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Year built | 1954 |
|---|---|
| Lease terms | 12+ months |
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About 1503 Hopewell Road
Beautifully Renovated 3BR, 1BA Home in Memphis, TN Available for Rent: Year Built/Updated: Rehabbed in 2024 Features: Solid flooring throughout, spacious living areas, and a carport for parking. Key Features: Bedrooms: 3 Bathrooms: 1 Carport Washer/Dryer hookups (vent located in-house) Kitchen Appliances Available for Rent: Refrigerator, dishwasher, stove. Available for $20/month each, payable directly to maintenance. Lease Terms: 12-month lease Security Deposit Due at Lease Signing (Based on credit score): 1x rent for 710+ credit score 1.5x rent for 625-709 credit score 2x rent for below 625 credit score Tenant Insurance: Proof of renter’s insurance with a $300K liability minimum is required, with the property owner listed as an interested party. Tenant must maintain insurance throughout the lease. Pets: Allowed: Up to 2 pets (cats and dogs up to 25 lbs) Pet Rent: $25/month per pet Non-refundable Pet Deposit: $250 per pet No Fighting Breeds: (e.g., Pit Bulls, Rottweilers, Akitas, Dobermans, etc.) Utilities: Tenant Responsibilities: Set up utilities (electric, water, etc.) in tenant's name before move-in Tenant is responsible for all yard maintenance (grass, plants, etc.), cleaning, and upkeep of flooring and kitchen areas Replace air filters every 90 days (recommended 30-60 day check for HVAC) Water: Must be run slowly during deep-freeze periods. Requirements: Application Process: Credit score, background check, and references are required for all tenants 18+. $40 application fee through our management company. Income: 3x monthly rent Smoking: This is a non-smoking property (No smoking indoors or on the premises). Tenant Verification: All applicants must reply to an email from Hemlane to fill out credit score, income, and ID verification. Additional Information: Languages Spoken: Se habla español | Italiano parlato | Japanese spoken No HOA
Year Built: 1954
1503 Hopewell Road is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1503 Hopewell Road compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
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Rent trends in Colonial Acres
Median rents as of Dec 13 2025.
Colonial Acres
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,000 |
| January 2024 | $1,010 |
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,039 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,275 |
| November 2024 | $1,275 |
Schools near 1503 Hopewell Road
Sea Isle Elementary School
5250 sea isle rd
memphis, TN, 38117
PK, K-5Public
C+
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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Internet available near 1503 Hopewell Road
Getting around Memphis near 1503 Hopewell Rd
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1503 Hopewell Rd, Memphis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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