Apartments for Rent in Colonial Acres, Memphis, TN

What is the average rent for a 2-bedroom apartment in Colonial Acres, Memphis, TN?

Colonial Acres, a neighborhood in Memphis, sees two-bedroom apartments averaging around $970 per month in 2025. These units dropped 23.2% from the previous year, making them a more affordable option in the current market.

What is the average rent for a 3-bedroom apartment in Colonial Acres, Memphis, TN?

Three-bedroom apartments in Colonial Acres average around $1,500 per month in 2025. Rent for these units increased 2.9% from the previous year.

How much does it cost to rent an apartment in Colonial Acres, Memphis, TN?

Colonial Acres averaged around $1,500 per month across all apartment types in 2025, up 2.8% from the previous year. April typically sees the highest rent, about 8% higher than November, while late fall offers better pricing opportunities.

What is the average apartment size in Colonial Acres, Memphis, TN?

Apartments in Colonial Acres average around 1,088 square feet across all unit types. Three-bedroom units average 1,095 square feet, while two-bedroom apartments are smaller at 877 square feet.

What type of apartment is most common in Colonial Acres, Memphis, TN?

Three-bedroom apartments are the most common rental type in Colonial Acres, with about 43 listings available monthly. These larger units make up the majority of the rental market in this Memphis neighborhood.

Why Colonial Acres, Memphis is a great place to live

Colonial Acres stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value pet friendliness and an active social life.

For pet owners, Colonial Acres offers a haven with features such as ample pet waste stations, spacious accommodations for pets, pet-safe windows, and generous outdoor spaces. The absence of breed restrictions and the hosting of pet events further enhance its appeal, making it an ideal location for those who consider their pets as part of the family.

The neighborhood also caters to those with a penchant for socializing, thanks to its excellent transit frequency, well-maintained street infrastructure, and high safety standards. The balanced neighborhood age distribution contributes to a vibrant community atmosphere, complemented by a high walk score that invites residents to explore local attractions on foot. If a lively social scene and pet inclusivity are at the top of your checklist, Colonial Acres is worth considering.

What type of apartment is least common in Colonial Acres, Memphis, TN?

Two-bedroom apartments are the least common rental type in Colonial Acres, with about 2 listings available monthly. Studios and one-bedroom units are not currently available in this market.