Updated 5+ Days Ago
Highlights
Pet Friendly
- Air conditioning
- Exceptional service
- Additional storage shed
Location
1586 Gilson Rd, Memphis, TN 38117, USA|Colonial Acres
Tour 1586 Gilson Rd
Contact
CB Properties Memphis
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Property Overview
1586 Gilson Rd offers a strong value-for-money position, with a nearby top-rated elementary school adding to its overall appeal. It also stands out for pet friendliness and outdoor spaces, while air conditioning, exceptional service, and an additional storage shed contribute to everyday convenience.
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- Less expensive
- Package service
Great for
Pet owners
Amenities for 1586 Gilson Rd, Colonial Acres
Features
| Carpet |
Community
| Cats OK | Dogs OK |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Services
| Concierge Service | On-Site Management |
| Package Service |
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.
Questions about this property’s policies and fees?
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About 1586 Gilson Rd
Welcome home to this charming 2-bedroom, 1-bath home in the heart of East Memphis! This property features a convenient pull-around driveway, a detached one-car garage in the backyard, and an additional storage shed. Located just minutes from Willow Oaks Elementary, Colonial Middle, and Overton High School, you'll also enjoy easy access to shopping, dining, and major roadways. Don't miss your chance to make this conveniently located home yours! Only one application fee per household will be refunded, and only after move-in to the home for which the application was submitted. We offer Rent Flex, allowing you to split your rent into two payments while ensuring your full rent is still paid on time each month. Fees apply. Contamos con agentes hispano hablantes para asistirle. Por favor, llame a nuestra oficina. Si no podemos atenderle de inmediato, deje un mensaje de voz y le devolveremos la llamada a la brevedad. Looking for better customer service from your Property Manager? Look no further than Cb Properties - a locally owned and operated company based in Memphis, Tn. We take pride in our A+ rating with the Bbb and 4+ star Google Rating, both of which have been earned by prioritizing the needs of our residents and providing exceptional service. Rent local and experience the difference firsthand! Moving in just got a lot more affordable! The security deposit for this home is replaced by Lighthouse; a modern, budget-friendly alternative to traditional cash deposits! More information on Lighthouse at https tenant mylighthouse co faq ***Scam Warning*** CB Properties does not advertise on or Facebook Marketplace. We will never ask you to wire money or request funds through a payment app on your mobile device. Please exercise caution and reach out to us directly if you have any concerns or questions. All Cb Properties residents have the option to enroll in the Resident Benefits Package (rbp) for $39.95/month. This includes renters insurance, credit building to help boost your credit score with timely rent payments, $1m Identity Protection, Hvac air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. AMENITIES: * Pets Allowed * Air Conditioning By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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 1586 Gilson Rd compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Package service
- More secure storage for delivery
Address details
| Neighborhood | Colonial Acres |
|---|---|
| Zip code | 38117 |
| Type | House for rent |
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Rent trends in Colonial Acres
2-bedroom apartments at 1586 Gilson Rd cost about 10% less than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Sep 19 2026.
Colonial Acres
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
| June 2026 | $984 |
| July 2026 | $962 |
| August 2026 | $965 |
| September 2026 | $966 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,275 |
| November 2024 | $1,275 |
Affordability calculator
Can I afford to live at 1586 Gilson Rd?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$45,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $45,800 annually to afford this 2-bedrooms monthly rent price of $1,145.
For more information on rent affordability, visit our rent calculator.
Schools near 1586 Gilson Rd
Willow Oaks Elementary School
4417 willow rd
memphis, TN, 38117
PK, K-5Public
C+
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
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
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Internet available near 1586 Gilson Rd
Neighborhood
Colonial Acres | Memphis, TN
Getting around Memphis near 1586 Gilson Rd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
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
2/10
There are a few mass transit options within the area.
Points of interest for 1586 Gilson Rd, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
2/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
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