5+ Days Ago
Highlights
Pet Friendly
Location
4997 Neely Rd, Memphis, TN 38109, USA
Tour 4997 Neely Rd
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Amenities for 4997 Neely Rd
Apartment Amenities
| Carpet | Ceiling Fan |
| Off Street |
Building
| Cats OK | Dogs OK |
| Laundry Hookups | Onsite Laundry |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 4997 Neely Rd
ZERO ADMIN FEES! And our application is FREE! Applications are processed the same day and an agent will be reaching out to you immediately upon approval. This home is currently under renovation so it's not quite ready for showings, but we are accepting deposits from approved applicants. Our homes rent on a 'first come, first served' basis, and they rent fast! So if the home you want is no longer available, the good news is we're always adding new properties to our list. You'll need to have an approved application & all supporting documents on file before we can accept a deposit on a property, so we recommend you also go ahead and start our application process if you haven't already. Check out our website for app link & listings!
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 4997 Neely Rd compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 38109 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
4-bedroom apartments at 4997 Neely Rd cost about 22% less than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Oct 18 2025.
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $1,677 |
| December 2023 | $1,696 |
| January 2024 | $1,652 |
| February 2024 | $1,650 |
| March 2024 | $1,717 |
| April 2024 | $1,735 |
| May 2024 | $1,696 |
| June 2024 | $1,687 |
| July 2024 | $1,688 |
| August 2024 | $1,695 |
| September 2024 | $1,695 |
| October 2024 | $1,713 |
| November 2024 | $1,734 |
| December 2024 | $1,745 |
| January 2025 | $1,783 |
| February 2025 | $1,742 |
| March 2025 | $1,754 |
| April 2025 | $1,750 |
| May 2025 | $1,743 |
| June 2025 | $1,703 |
| July 2025 | $1,697 |
| August 2025 | $1,695 |
| September 2025 | $1,702 |
| October 2025 | $1,667 |
Affordability calculator
Can I afford to live at 4997 Neely Rd?
Bedrooms
4+ 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
$51,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,000 annually to afford this 4-bedrooms monthly rent price of $1,275.
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.| 2 years ago | $1,250 |
Schools near 4997 Neely Rd
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
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-
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 4997 Neely Rd
Getting around Memphis near 4997 Neely 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.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 4997 Neely Rd, Memphis
Groceries
2/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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