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Colonial Apartments

📍 5140 Wheelis Drive, Memphis, TN 38137

Monthly Rent

$1,110 – $1,125

Bedrooms

2 bd

Bathrooms

1.5 ba

Sq Feet

1500 sq ft

Updated 10 days ago

📋 Property Overview

A home in Memphis, Tennessee with 2 bd / 1.5 ba. Interior space is 1500 sq ft. Monthly rent ranges $1,110-$1,125. Inside, the home includes pet friendly. On site there is dogs allowed and cats allowed. Pets are allowed (cats and dogs). The standard lease term is 12 months. Availability: Available now. The Walk Score here is 49, meaning most errands need a car. Transit Score is 27.

🚶 Getting Around

  • Walk Score49/100

    Car-Dependent

  • Transit Score27/100

    Some Transit

2 transit routes nearby

  • 2Bus
2 bedroom · typical rent nearby$1,207

Market trend: Falling · as of August 2026

💵 Costs & Lease

Deposit
$270
Lease length
12 months
Units available
2 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 2 beds, 1.5 baths2 bd · 1.5 ba · 1,130 sq ftNone available right now
  • 3 beds, 1.5 baths3 bd · 1.5 ba · 1,205 sq ftNone available right now
  • 2 beds, 1 bath2 bd · 1 ba · 750 sq ftNone available right now
  • 2 beds, 2 baths2 bd · 2 ba · 1,500 sq ftNone available right now
  • CA2/2UP2 bd · 2 ba · 1,500 sq ftNone available right now
  • CA3/2.53 bd · 2.5 ba · 1,620 sq ftNone available right now
  • CA2/2DN2 bd · 2 ba · 1,500 sq ft$1,1102 units available

🧾 Move-in Costs & Lease

Security deposit
$270
Lease length
12 months
Available
Available now
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Tennessee at $20,000 – $24,999 of personal property

$15–$19/ monthEstimate — not a quote

About $191–$218 a year.

Based on what Tennessee renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 428,684 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏢 In the Building

  • Dogs allowed
  • Cats allowed

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Allowed
Types
Cats, Dogs
Limit
1 pet

✨ Features & Details

  • Pet Friendly
  • Cats allowed
  • Dogs allowed
  • 1500 sq ft

📊 Property Facts

Walk Score
49 · Car-Dependent
Transit Score
27 · Some Transit

🎓 Nearby Schools

  • Shady Grove Elementary School · PK-54/10 · 0.8 mi
  • White Station High School · 9-127/10 · 0.9 mi
  • Sea Isle Elementary School · PK-55/10 · 1.4 mi
  • Richland Elementary School · PK-59/10 · 1.6 mi
  • Colonial Middle School · 6-85/10 · 1.6 mi
  • White Station Middle School · 6-87/10 · 1.8 mi
  • White Station Elementary School · PK-58/10 · 1.8 mi
  • Overton High School · 9-123/10 · 2.3 mi
  • Campus School · 1-68/10 · 2.5 mi
  • Ridgeway High School · 9-123/10 · 2.5 mi

🏡 Floor Plans

  • 548803

    Availability: available

    $1,110

  • 548801

    Availability: available

    $1,125

❓ Frequently Asked Questions

$1,110 – $1,125

per month

Available Now
2 bd
1.5 ba
1500 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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