Updated 3 Days Ago
Location
2004 Derby Way, Memphis, IN 47143, USA
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Property Overview
2004 Derby Way offers strong value per square foot and a large photo set that gives a clear visual sense of the home. Nearby mixed-use spaces, walkable surroundings, transit access, and a nearby restaurant add convenience and appeal, while the nearest top-rated elementary school is about 2.7 miles away.
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- More space
- Images Available
Great for
Social life
Amenities for 2004 Derby Way
Features
| Walk-in Closet |
Community
| Onsite Laundry |
Grounds
| Outdoor Space |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 2004 Derby Way
Property Status: Active Welcome home to this beautifully upgraded D.R. Horton Sienna plan in the peaceful Champions Run community! This spacious two-story rental offers 3 bedrooms, 2.5 baths, plus a versatile loft with plenty of room for comfortable everyday living. The open-concept main level features a well-appointed kitchen with granite countertops, stainless steel appliances, upgraded fixtures, a large center island, and walk-in pantry. Sliding double doors provide easy access to the backyard, creating a great space for relaxing or entertaining. Upstairs, the primary suite features a private bath with double-bowl vanity, oversized shower with custom shower doors, and a generous walk-in closet. Two additional bedrooms, the loft, and conveniently located upstairs laundry complete the second floor. Custom blinds and a security system remain with the home. Move-in ready with thoughtful upgrades throughout, this home offers the space, style, and convenience you've been looking for in your next rental! Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 2004 Derby Way compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 3 miles away
- More space
- The 3-bedroom is 160 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Oven not listed
- In-unit oven not included in listing
Address details
| Zip code | 47143 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 2004 Derby Way cost about 22% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jun 27 2026.
Memphis
| Month | Median Rent |
|---|---|
| December 2024 | $1,900 |
| January 2025 | $1,900 |
| February 2025 | $1,900 |
| March 2025 | $1,877 |
| April 2025 | $1,843 |
| May 2026 | $1,937 |
| June 2026 | $1,800 |
Affordability calculator
Can I afford to live at 2004 Derby Way?
Bedrooms
3 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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 2004 Derby Way
Henryville Elementary School
215 n ferguson st
henryville, IN, 47126
PK, K-6Public
C+
Indiana Gateway Digital Academy
200 ettels lane
clarksville, IN, 47129
K-12Public
C+
Franklin Square Elementary School
605 e court ave
jeffersonville, IN, 47130
PK, K-5Public
C+
Norton Commons Elementary School
10941 kings crown dr
prospect, KY, 40059
PK, K-5Public
B+
Westport Early Childhood Center
8800 westport rd
louisville, KY, 40242
PKPublic
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Internet available near 2004 Derby Way
Neighborhood
Getting around Memphis near 2004 Derby Way
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Points of interest for 2004 Derby Way, Memphis
Groceries
1/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
1/10
Few or no cafés within a short drive
Restaurants
3/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
1/10
Few or no bars within a short drive
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