Updated 1 Day Ago
Highlights
Pet Friendly
Location
5654 Chapman Ave, Memphis, TN 38119, USA|Balmoral
Tour 5654 Chapman Ave
Contact
PURE HomeRiver Property Management of Tennessee - Broker License Number: 336317
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Property Overview
Located about 0.55 miles from the nearest top-rated elementary school and 1.65 miles from the nearest grocery store, this address offers convenient access to everyday needs. It also stands out for its strong value-for-money positioning, ranking in the 87.5th percentile compared with nearby properties.
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
Elementary school nearby- Less expensive
- Dishwasher
Great for
Pet owners
Amenities for 5654 Chapman Ave, Balmoral
Features
| Ceiling Fan | Forced Air |
| Off Street | Porch |
Appliances
| Dishwasher | Range/Oven |
| Refrigerator |
Community
| Cats OK | Dogs OK |
| Laundry Hookups | Onsite Laundry |
Grounds
| Fenced Yard | Outdoor Space |
Services
| Concierge Service | Package Service |
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
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 |
|---|
About 5654 Chapman Ave
Home Description: Amazing 3 bedroom 2 bath home offering 1,589 sq ft of living space. Beautiful home featuring a spacious floorplan. Great location in a great community. Housing Vouchers: This property is housing voucher eligible. Housing Authorities do not participate in Move-In Specials. Security Deposit Terms: Security Deposit: A refundable security deposit will be due within 48 hours of approval and will equal one month's rent. An additional deposit may be required based on approval results or the maximum allowable by State law. The Estimated Total Monthly Leasing Price reflects the Adjusted Base Rent plus our Resident Benefits Package of $49.95, which includes required Renters Insurance, Move-In Concierge, $1M Identity Protection, Resident Rewards, Filter Delivery, and Credit Building. The Estimated Total Monthly Leasing Price may also include $55.00 High Speed Internet (where applicable). Estimated Total Monthly Leasing Price does not include utilities or optional/conditional fees, such as: pet, utility service, and lawncare, HOA amenity fees. To learn more about additional leasing fees and requirements, please contact HomeRiver Group. Tenants are responsible for utilities and yard care. Pets are accepted case by case basis, breed restrictions may apply. BEWARE OF SCAMS: HomeRiver Group does not advertise properties on Facebook Marketplace, TikTok, or other classified ad websites. If you suspect one of our properties has been fraudulently listed on these platforms, please notify HomeRiver Group immediately. We never accept wire transfers or payments via Zelle, PayPal, or Cash App. Lease your home safely through www Homeriver com or with the assistance of a licensed HomeRiver Group leasing agent. All leasing information contained herein is deemed accurate but not guaranteed. Please note that changes may have occurred since the photographs were taken. Square footage is estimated. ESTIMATED TOTAL MONTHLY LEASING PRICE:$1,644.95 Base Rent: $1,595.00 Resident Benefit Package: $49.95 Additional Fees: $65.00 app fee/adult $175.00 administrative fee due at move-in $300 non refundable pet fee per pet $25 mo/pet rent and pet screening fees https www asteroommls com pviewer?hideleadgen=1&autorotation=1&token=yyvfCJ4TVEqIVk_ZA5_Oww
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 5654 Chapman Ave compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.6 miles away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Package service
- More secure storage for delivery
Address details
| Neighborhood | Balmoral |
|---|---|
| Zip code | 38119 |
| Type | House for rent |
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Rent trends in Balmoral
3-bedroom apartments at 5654 Chapman Ave cost about 2% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 17 2026.
Balmoral
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 |
| Month | Median Rent |
|---|---|
| May 2025 | $1,695 |
| June 2025 | $1,650 |
| July 2025 | $1,623 |
Affordability calculator
Can I afford to live at 5654 Chapman Ave?
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
$63,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $63,800 annually to afford this 3-bedrooms monthly rent price of $1,595.
For more information on rent affordability, visit our rent calculator.
Schools near 5654 Chapman Ave
Ridgeway Early Learning Center
3435 3435 ridge meadow pkwy
memphis, TN, 38115
PKPublic
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
Riverdale Elementary School
7391 neshoba rd
germantown, TN, 38138
PK, K-8Public
A
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Getting around Memphis near 5654 Chapman Ave
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
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
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5654 Chapman Ave, Memphis
Groceries
3/10
Some groceries within a short drive
Shopping
5/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
Explore the area around 5654 Chapman Ave
Stepherson, Incorporated
5150 American Way
Walmart Neighborhood Market
2856 Hickory Hill Rd
Castle Retail Group, LLC
855 Ridge Lake Blvd
Arnold Knight Grocery Inc
5281 Knight Arnold Rd
Kroger
2835 Kirby Rd
Everything Milan
2506 Mount Moriah Rd
Major Pieces Boutique
5693 Mount Moriah Rd
Cherries Shoe Bar
5395 Fox Plaza Dr
Lee's Handbags & Acces
5972 Mount Moriah Rd
Your Shirts Ink'd
5948 Mount Moriah Rd
Milk With Tea
6063 Mount Moriah Road Ext
Starbucks
5959 Poplar Ave
Starbucks
6165 Poplar Ave
Rawgirls East Memphis
5502 Poplar Ave
Dunkin'
2735 Kirby Rd
Memphis Area Usbc
2756 Mount Moriah Pkwy
Bouji Bar
5405 Fox Plaza Dr
Billy Hardwick's All Star Lanes
1576 S White Station Rd
East Tapas & Drinks
6069 Park Ave
Red Pier Cajun Seafood & Bar-Ridgeway
5901 Poplar Ave
Our Daily Bread of TN
1255 Lynnfield Rd
Walmart Deli
2856 Hickory Hill Rd
Walmart Bakery
2856 Hickory Hill Rd
Sweet Lala's Bakery LLC
6150 Poplar Ave
Panaderia
3127 S Mendenhall Rd
Meadow
Halle Park
Arthur Halle Stadium
Lichterman Nature Center
Garden
Las Delicias
5689 Quince Rd
Neil's Music Room
5727 Quince Rd
McGhee's Bar-B-Q Stand
5700 Mount Moriah Rd
Dixie Queen
5740 Mount Moriah Rd
Hunt Brothers Pizza
5816 Mount Moriah Rd
Mt Moriah Road / Sonora Drive
Madison
Mt Moriah Road / Clarke Road
Madison
Mt Moriah Road / Sonora Drive
Madison
Mt Moriah Road / Mendenhall Road
Madison
Mt Moriah Road / Emerald Street
Madison
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