Updated 4 Days Ago
Highlights
Pet Friendly
- Central air conditioning
- Modern conveniences
- Tile flooring
- Hardwood flooring
- Carport
- Hardwood and tile flooring
Location
5049 Neely Rd, Memphis, TN 38109, USA
Tour 5049 Neely Rd
Contact
Reedy & Company
Nearby rentals
Property management
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Property Overview
Central air conditioning, modern conveniences, and a mix of tile and hardwood flooring add to the appeal, along with a carport for added convenience. Nearby public transportation, grocery access, and a top-rated high school are all close by, while outdoor spaces and pet-friendly policies make it a strong fit for those seeking flexibility and comfort.
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
High school nearby- More space
- Dishwasher
Great for
Pet owners
Amenities for 5049 Neely Rd
Features
| Air Conditioning | Air Conditioning (Central) |
| Gutters | Hardwood Floor |
| Tub/Shower |
Appliances
| Dishwasher |
Community
| Carport | Cats OK |
| Dogs OK |
Grounds
| Outdoor Space | Yard |
Services
| Concierge Service | Move-in Concierge |
| Spanish Speaking Staff |
Other
| Credit Building | Filter Delivery |
| Online Maintenance Portal | Online Rent Payment |
| Renters Insurance Included | Resident Rewards Program |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
About 5049 Neely Rd
Discover this 3-bedroom, 1-bath home in Memphis, TN that combines practical amenities with modern conveniences. The interior features hardwood and tile flooring, central air conditioning, and a tub/shower layout. The property includes a fenced yard and carport, and offers appliances such as a dishwasher. Resident conveniences include an online maintenance portal and online rent payment, a move-in concierge, periodic filter delivery, and a resident rewards program with credit-building opportunities. Renters insurance is included, and gutters are installed for added protection. A two-year lease term is available.
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 5049 Neely Rd compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 miles away
- More space
- The 3-bedroom is 78 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this property
- Outdoor space
- Easy access to the outdoors
- Pool
- Enhanced community features
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
Address details
| Zip code | 38109 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
3-bedroom apartments at 5049 Neely Rd cost about 16% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 31 2026.
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 |
Affordability calculator
Can I afford to live at 5049 Neely 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
$45,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $45,400 annually to afford this 3-bedrooms monthly rent price of $1,135.
For more information on rent affordability, visit our rent calculator.
Schools near 5049 Neely Rd
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Getting around Memphis near 5049 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 5049 Neely Rd, Memphis
Groceries
5/10
Variety of groceries within a short drive
Shopping
3/10
Some shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
8/10
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 a short drive
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