5+ Days Ago
Highlights
- Wood flooring throughout
- One car carport
Location
4708 Chip Rd, Memphis, TN 38117, USA|Colonial Acres
Tour 4708 Chip Rd
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Property Overview
Featuring wood flooring throughout and a one-car carport, the residence offers appealing design elements. With a grocery store located just over 2 miles away and a highly-rated middle school within approximately 1.2 miles, it provides convenient access to essential amenities. Additionally, the availability of 21 photos enhances the ability to assess the property visually.
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
Middle school nearby- Images Available
Great for
Social life
Amenities for 4708 Chip Rd, Colonial Acres
Apartment Amenities
| Hardwood Floor |
Grounds
| Storage |
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
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About 4708 Chip Rd
Property Status: Active Recently updated family home on nice fenced lot. Wood Flooring throughout with tile in kitchen Living Room/ Dining Room combonation Storage Building One car Carport Nice quiet East Memphis Neighborhood Ready for occupancy Office Phone: (901) 853-0834 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 4708 Chip Rd compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile 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 4708 Chip Rd cost about 14% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Mar 7 2026.
Colonial Acres
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $1,397 |
| 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 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,295 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,490 |
| 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 |
| December 2025 | $1,395 |
| January 2026 | $1,400 |
| February 2026 | $1,407 |
| March 2026 | $1,450 |
Affordability calculator
Can I afford to live at 4708 Chip 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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 3-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 4708 Chip Rd
Sea Isle Elementary School
5250 sea isle rd
memphis, TN, 38117
PK, K-5Public
C+
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
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
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Internet available near 4708 Chip Rd
Getting around Memphis near 4708 Chip 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 4708 Chip Rd, Memphis
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Some bars within walking distance
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