2 Days Ago
Highlights
- Private patio
- Central heat & air
- Updated kitchen
- Quiet community
Location
4860 Chesterwood Ct #1, Memphis, TN 38118, USA
Tour 4860 Chesterwood Ct #1
Contact
Spartan Investment Solutions
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About 4860 Chesterwood Ct #1
Recently remodeled and move-in ready! This spacious condo features 3 bedrooms with private baths, a guest half-bath, updated kitchen, central heat & air, and a private patio. Located in a quiet community near shops, schools, and major highways. Recently remodeled and move-in ready! This spacious condo features 2 bedrooms with private baths, a guest half-bath, updated kitchen, central heat & air, and a private patio. Located in a quiet community near shops, schools, and major highways.
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 4860 Chesterwood Ct #1 compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 466 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Address details
| Zip code | 38118 |
|---|---|
| Type | Condo for rent |
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Rent trends in Memphis
3-bedroom apartments at 4860 Chesterwood Ct #1 cost about 7% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Feb 28 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $1,396 |
| 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 |
Affordability calculator
Can I afford to live at 4860 Chesterwood Ct #1?
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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Last month | $1,150 |
Schools near 4860 Chesterwood Ct #1
Cromwell Elementary School
4989 cromwell rd
memphis, TN, 38118
PK, K-5Public
C
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
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Internet available near 4860 Chesterwood Ct #1
Getting around Memphis near 4860 Chesterwood Ct #1
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4860 Chesterwood Ct #1, Memphis
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
1/10
Few or no 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 15-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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