Updated 1 Day Ago
Location
4586 Monaco Rd, Memphis, TN 38117, USA|Colonial Acres
Tour 4586 Monaco Rd
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Amenities for 4586 Monaco Rd, Colonial Acres
Features
| Hardwood Floor |
Appliances
| Garbage Disposal |
Community
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
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
All Policy
Allowed
Limit3
Questions about this property’s policies and fees?
About 4586 Monaco Rd
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 2-bathroom rental home in Memphis, TN, could be just what you’re looking for. Hardwood flooring is easy to love and simple to match with your décor. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about pre-leasing on the Pre-Leasing page of the FirstKey Homes website. This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see the Rental Fees page on the FirstKey Homes website. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent; you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities (including St. Louis and Chicago) require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
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 4586 Monaco Rd compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 miles away
- Middle school nearby
- There is a middle school 1.2 miles away
- More space
- The 3-bedroom is 173 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Pool
- Enhanced community features
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.9 miles away
Address details
| Neighborhood | Colonial Acres |
|---|---|
| Zip code | 38117 |
| Type | House for rent |
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Rent trends in Colonial Acres
3-bedroom apartments at 4586 Monaco Rd cost about 12% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 31 2026.
Colonial Acres
Memphis
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
| August 2026 | $1,350 |
| September 2026 | $1,350 |
| October 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,417 |
| 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 |
| December 2025 | $1,395 |
| January 2026 | $1,400 |
| February 2026 | $1,407 |
| March 2026 | $1,431 |
| April 2026 | $1,486 |
| May 2026 | $1,432 |
| June 2026 | $1,387 |
| July 2026 | $1,397 |
| August 2026 | $1,403 |
| September 2026 | $1,442 |
| October 2026 | $1,431 |
Affordability calculator
Can I afford to live at 4586 Monaco 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
$64,440/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,440 annually to afford this 3-bedrooms monthly rent price of $1,611.
For more information on rent affordability, visit our rent calculator.
Schools near 4586 Monaco Rd
Sherwood Elementary School
1156 robinhood ln
memphis, TN, 38111
PK, K-5Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
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
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Neighborhood
Colonial Acres | Memphis, TN
Getting around Memphis near 4586 Monaco 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
3/10
There are a few mass transit options within the area.
Points of interest for 4586 Monaco 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
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
Explore the area around 4586 Monaco Rd
Superlo Foods
4571 Quince Rd
Cherry Express
1531 Cherry Rd
Latino City Market Inc
1460 Getwell Rd
Stepherson's Superlo Foods
4744 Spottswood Ave
Kroger
799 Truse Pkwy
Family Dollar
4618 Quince Rd
Barbara's Dancewear
1499 S Perkins Rd
Plato's Closet
5016 Park Ave
Burlington
5048 Park Ave
Nat Thrift Service
3918 Fizer Ave
Gibson's Donuts
760 Mount Moriah Rd
Starbucks
601 Colonial Rd
Starbucks
5048 Poplar Ave
Starbucks
4545 Poplar Ave
Dunkin'
5150 Poplar Ave
Billy Hardwick's All Star Lanes
1576 S White Station Rd
The Memphis Sports Pub Inc
5012 Park Ave
Chili's
4609 Poplar Ave
Huey's Poplar
4872 Poplar Ave
Brookhaven Pub & Grill
695 W Brookhaven Cir
The Honey Baked Ham Company
5081 Park Ave
Panaderia Y Pasteleria
4668 American Way
Murray's Cheese
799 Truse Pkwy
The Vitamin Shoppe
780 Truse Pkwy
Whimsy Cookie Company Franchising
4704 Poplar Ave
Goodwin Park
Willow Park
Holy Rosary Playing Field
Dixon Gardens
Pep Marquette Park
McDonald's
4642 Quince Rd
Taqueria Y Pupuseria Mariela
1510 Cherry Rd
Hunt Brothers Pizza
1531 Cherry Rd
Park + Cherry
4339 Park Ave
Subway
5135 Quince Rd
Perkins Road / Sea Isle Road
Perkins
Quince Road / Sea Isle Road
Madison
Perkins Road / Amboy Road
Perkins
Perkins Road / Quince Road
Perkins
Quince Road / Perkins Road
Madison
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