Updated 5+ Days Ago
Highlights
- Hard surface flooring throughout
- Bright and spacious living area
- Large fenced backyard
Location
5168 Neely Rd, Memphis, TN 38109, USA
Tour 5168 Neely Rd
Contact
Foundation Property Management, LLC
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Property Overview
Hard surface flooring throughout, a bright and spacious living area, and a large fenced backyard create an inviting setting. Nearby access to a top-rated high school and a value per square foot in the 92.5th percentile add to the appeal.
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
More space- High school nearby
Great for
Pet owners
Amenities for 5168 Neely Rd
Grounds
| Outdoor Space |
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
Questions about this property’s policies and fees?
About 5168 Neely Rd
Discover this beautiful, move-in-ready home, proudly presented by FPM, where style meets comfort. HALF OFF 1st MONTH'S RENT! Welcome to 5168 Neely Road, Memphis, Tennessee 38109! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets - Vent-a-hood included - Heat + Air + Ventilation - Large fenced backyard 5168 Neely Road is conveniently located near Fairley Elementary and Fairley High School. This property also offers quick access to nearby parks, popular restaurants, marketplaces, and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search
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 5168 Neely Rd compares to other nearby properties.
Positives
- More space
- The 4-bedroom is 613 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.5 miles away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.7 miles away
Address details
| Zip code | 38109 |
|---|---|
| Type | House for rent |
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Rent trends in Memphis
4-bedroom apartments at 5168 Neely Rd cost about 13% less than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of Oct 17 2026.
Memphis
| Month | Median Rent |
|---|---|
| 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 | $1,659 |
| November 2025 | $1,664 |
| December 2025 | $1,650 |
| January 2026 | $1,650 |
| February 2026 | $1,610 |
| March 2026 | $1,611 |
| April 2026 | $1,650 |
| May 2026 | $1,629 |
| June 2026 | $1,621 |
| July 2026 | $1,631 |
| August 2026 | $1,643 |
| September 2026 | $1,624 |
| October 2026 | $1,600 |
Affordability calculator
Can I afford to live at 5168 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
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 4-bedrooms monthly rent price of $1,395.
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.| 3 years ago | $1,400 |
Schools near 5168 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 5168 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.
Points of interest for 5168 Neely Rd, Memphis
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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