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Highlights
Pet Friendly
Location
5140 Wheelis Dr, Memphis, TN 38117, USA
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Property Overview
Colonial Apartments has received a strong Zumper Expert Rating of 8.1, showcasing its appeal to renters due to competitive pricing and excellent amenities. With notable features such as large two-bedroom units and a prime location that scores 9 out of 10, residents enjoy unparalleled access to public transport, restaurants, and a vibrant social scene, enhancing the overall quality of life. The property demonstrates transparency and trustworthiness, reflected in an 8 out of 10 rating, ensuring renters have a clear understanding of what to expect.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Floor plans
| CA2/2UP | 2 bed | 2.5 bath | 1,500 sqft | 2 Bedroom Apartment Home Available | ||
| CA2/2DN | 2 bed | 2.5 bath | 1,500 sqft | Large 2 bedroom available - 1500 sqft - downstairs | ||
| CA3/2.5 | 3 bed | 2.5 bath | 1,620 sqft | 3 bedroom townhome available |
Let's explore this property.
Amenities for Colonial Apartments
Building
| Cats OK | Dogs OK |
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
Building details
Property details
| Units | 40 |
|---|
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About Colonial Apartments
3 bedroom townhome available
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, Colonial Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Colonial Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Colonial Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Colonial Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Colonial Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Colonial Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Colonial Apartments is great for:
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Rent trends in Memphis
Median rents as of Mar 28 2026.
Memphis
| Month | Median Rent |
|---|---|
| April 2024 | $724 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,203 |
Schools near Colonial Apartments
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Parkway Village Elementary School
3000 claudette rd
memphis, TN, 38118
PK, K-5Public
C-
Riverdale Elementary School
7391 neshoba rd
germantown, TN, 38138
PK, K-8Public
A
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near Colonial Apartments
Getting around Memphis near 5140 Wheelis Dr
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
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
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5140 Wheelis Dr, Memphis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
7/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-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
3/10
Few or no bars within walking distance
Explore the area around 5140 Wheelis Dr
Whole Foods Market
5014 Poplar Ave
Kroger
540 S Mendenhall Rd
Kroger
799 Truse Pkwy
The Fresh Market
835 S White Station Rd
Stepherson's Superlo Foods
4744 Spottswood Ave
Galerie Des Shapeaux
759 E Brookhaven Cir
London & York
691 S Mendenhall Rd
Simply Divine
699 S Mendenhall Rd
Ashley Stewart
5132 Park Ave
DXL Big + Tall
847 S White Station Rd
WFM Coffee Bar
5014 Poplar Ave
Starbucks
540 S Mendenhall Rd
Starbucks
5048 Poplar Ave
Dunkin'
5150 Poplar Ave
Gibson's Donuts
760 Mount Moriah Rd
Lynchburg Legends Bar
5069 Sanderlin Ave
Brookhaven Pub & Grill
695 W Brookhaven Cir
Huey's Poplar
4872 Poplar Ave
The Memphis Sports Pub Inc
5012 Park Ave
Chili's
4609 Poplar Ave
The Peach Cobbler Factory
5101 Sanderlin Ave
Nothing Bundt Cakes
681 S White Station Rd
Kroger Bakery
540 S Mendenhall Rd
Murray's Cheese
540 S Mendenhall Rd
The Vitamin Shoppe
780 Truse Pkwy
Audubon Park
Avon Park
Lichterman Park
Halle Park
Goodwin Park
Andalusia
5101 Sanderlin Ave
Ciao Bella Italian Grill
5101 Sanderlin Ave
Marco's Pizza
5101 Sanderlin Ave
Napa Cafe
5101 Sanderlin Ave
The Peach Cobbler Factory
5101 Sanderlin Ave
Poplar Avenue / Truse Parkway
Poplar
Poplar Avenue / Truse Parkway
Poplar
Poplar Avenue / Mendenhall Road
Poplar
Poplar Avenue / Mendenhall Road
Poplar
Poplar Avenue / East Brookhaven Circle
Poplar
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