5+ Days Ago
Highlights
- Light fixtures
- Complete renovation
- Cabinets
Location
387 Shelton Rd, Collierville, TN 38017, USA
Tour 387 Shelton Rd
Contact
Weichert Realtors BenchMark
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About 387 Shelton Rd
Property Status: Active Currently under complete renovation to be ready for occupancy mid Feb. all new floors, paint, cabinets, granite, appliances, hardware, plumbing, and light fixtures. Office Phone: (901) 202-2000 Copyright © 2026 Memphis Area Association of Realtors®. 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 387 Shelton Rd compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
Address details
| Zip code | 38017 |
|---|---|
| Type | House for rent |
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Rent trends in Collierville
3-bedroom apartments at 387 Shelton Rd cost about 3% less than the average rent price for 3-bedroom apartments in Collierville.
Median rents as of Mar 14 2026.
Collierville
| Month | Median Rent |
|---|---|
| March 2024 | $1,895 |
| April 2024 | $1,920 |
| May 2024 | $1,911 |
| June 2024 | $2,055 |
| July 2024 | $1,918 |
| August 2024 | $1,952 |
| September 2024 | $1,995 |
| October 2024 | $2,006 |
| November 2024 | $1,967 |
| December 2024 | $1,957 |
| January 2025 | $1,959 |
| February 2025 | $1,887 |
| March 2025 | $1,964 |
| April 2025 | $1,934 |
| May 2025 | $1,953 |
| June 2025 | $1,968 |
| July 2025 | $2,006 |
| August 2025 | $2,077 |
| September 2025 | $2,098 |
| October 2025 | $2,100 |
| November 2025 | $2,006 |
| December 2025 | $1,979 |
| January 2026 | $2,041 |
| February 2026 | $2,064 |
| March 2026 | $2,170 |
Affordability calculator
Can I afford to live at 387 Shelton Rd?
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
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 3-bedrooms monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
Schools near 387 Shelton Rd
Crosswind Elementary School
831 west shelton rd
collierville, TN, 38017
PK, K-5Public
A
Collierville Elementary School
590 peterson lake rd
collierville, TN, 38017
PK, K-5Public
A-
Tara Oaks Elementary School
600 harpers ferry rd
collierville, TN, 38017
PK, K-5Public
A
Bailey Station Elementary School
3435 bailey station rd
collierville, TN, 38017
PK, K-5Public
A
Schilling Farms Elementary School
935 s colbert st
collierville, TN, 38017
PK, K-5Public
A
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Internet available near 387 Shelton Rd
Getting around Collierville near 387 Shelton Rd
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
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.
Points of interest for 387 Shelton Rd, Collierville
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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