Zumper
modified
4 Days Ago

Highlights

  • Hardwood floors
  • Tile flooring
  • Spacious bedrooms
  • Refrigerator
  • Eat-in kitchen
  • Open living room and dining room

Location

4516 East Dearing Road, Memphis, Tennessee 38117, United States|Colonial Acres

Tour 4516 East Dearing Road

Contact

Kismet Property Management, LLC

(901) 281-4441

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 4516 East Dearing Road

HomeHouses in MemphisColonial Acres 4516 East Dearing Road, Memphis, Tennessee 38117, United States
sweet deal icon
Sweet deal!
This listing is 29% below the median price for 3 bedroom apartments in Colonial Acres.

SPECIAL!! MOVE IN TODAY AND ENJOY THE FIRST MONTH RENT FREE!! Lease this beautiful 3 bedroom 1 bathroom home located in a great neighborhood!! This home has lots of living space for a single family. It has an eat-in kitchen,an open living room and dining room with hardwood floors, spacious bedrooms with hardwood floors, and a bathroom with tile flooring. There is a fenced in backyard with a storage house. This home is a must see!! it will not last long!! Contact our agent at 901-281-4441 or our office at 901-272-8658 to schedule an appointment. Please visit our website at www kismetproperties com for additional properties.


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 4516 East Dearing Road compares to other nearby properties.

Positives

Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 0.5 mile away
Elementary school nearby
There is an elementary school 0.2 mile away

Address details

NeighborhoodColonial Acres
Zip code38117
TypeHouse for rent

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Rent trends in Colonial Acres

3-bedroom apartments at 4516 East Dearing Road cost about 29% less than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Nov 29 2025.
Colonial Acres
Memphis
A table of 3-bedroom apartment rental data trends in Memphis
MonthMedian Rent
December 2023$1,371
January 2024$1,355
February 2024$1,350
March 2024$1,378
April 2024$1,397
May 2024$1,398
June 2024$1,397
July 2024$1,399
August 2024$1,398
September 2024$1,407
October 2024$1,396
November 2024$1,395
December 2024$1,395
January 2025$1,395
February 2025$1,395
March 2025$1,408
April 2025$1,415
May 2025$1,436
June 2025$1,443
July 2025$1,424
August 2025$1,399
September 2025$1,367
October 2025$1,338
November 2025$1,314
A table of 3-bedroom apartment rental data trends in Colonial Acres
MonthMedian Rent
December 2023$1,395
January 2024$1,371
February 2024$1,435
March 2024$1,453
April 2024$1,464
May 2024$1,427
June 2024$1,470
July 2024$1,420
August 2024$1,418
September 2024$1,406
October 2024$1,373
November 2024$1,408
December 2024$1,430
January 2025$1,447
February 2025$1,484
March 2025$1,498
April 2025$1,498
May 2025$1,493
June 2025$1,527
July 2025$1,483
August 2025$1,407
September 2025$1,412
October 2025$1,393
November 2025$1,396

Affordability calculator

Can I afford to live at 4516 East Dearing Road?

Bedrooms

3 bedrooms

Rent-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

$39,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 3-bedrooms monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.

Schools near 4516 East Dearing Road

Willow Oaks Elementary School

4417 willow 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 4516 East Dearing Road

Neighborhood

Colonial Acres | Memphis, TN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 4516 East Dearing Road

Walking

5/10
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 4516 East Dearing Road, Memphis

Groceries

8/10
At least one supermarket within a 10-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 5-minute walk

High schools

6/10
At least one high school within a 20-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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