Velo Shelby Farms

📍 599 Velo Drive, Memphis, TN 38018

📋 Property Overview

In Memphis, Tennessee, this home offers 1 - 3 bd / 1 ba. It measures 774 sq ft. Monthly rent ranges $1,440-$1,945. Features in the home include bathtub, patio / balcony, ceiling fan and fireplace. The building offers 24hr gym, garage, smoke-free community and pet friendly. Pets are allowed (dogs and cats), with pet rent of $25. The standard lease term is 12 months. Availability: Available now. The Walk Score here is 23, meaning most errands need a car. That is 25% above the local median of $1,150.

🚶 Getting Around

• Walk Score23/100

  Car-Dependent

💵 Costs & Lease

Deposit

$225

Lease length

12 months

Units available

19 units

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

📐 Floor Plan Details

• Ascari2 bd · 2 ba · 1,108 sq ftNone available right now
• Brompton1 bd · 1 ba · 774 sq ft$1,4401 unit available
• Avanti Garage3 bd · 2 ba · 1,376 sq ftNone available right now
• de Rosa2 bd · 2 ba · 1,216 sq ft$1,8051 unit available
• Giordano1 bd · 1 ba · 804 sq ft$1,4603 units available
• Everton Garage1 bd · 1 ba · 936 sq ft$1,7601 unit available
• Everton1 bd · 1 ba · 936 sq ft$1,4853 units available
• Dacordi D1 bd · 1 ba · 793 sq ftNone available right now
• Electra2 bd · 2 ba · 1,108 sq ft$1,7051 unit available
• Caleti2 bd · 2 ba · 1,188 sq ft$1,7153 units available
• Cannondale3 bd · 2 ba · 1,321 sq ft$1,8152 units available
• Chesini Garage1 bd · 1 ba · 810 sq ft$1,7701 unit available

🧾 Move-in Costs & Lease

Security deposit

$225

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

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.

✅ Who Qualifies

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

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$25

One-time pet fee

$450

Limit

3 pets

Restrictions

RESTRICTED ANIMAL/BREED LIST (included but not limited to): Dogs: Pit Bull, Rottweiler, Presa Canario, German Shepherd, Doberman, Chow Chow, Terriers (Staffordshire), Any hybrid or mixed breed of one of the aforementioned breeds.

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Granite counters
• 24hr maintenance
• Garage
• Ceiling fan
• Bathtub
• Fireplace
• Stainless steel
• Walk in closets
• Clubhouse
• 24hr gym
• Pool
• E-payments
• Cats allowed
• Dogs allowed
• Accessible
• Bbq/grill
• Bike storage
• Business center
• CC payments
• Coffee bar
• Dog grooming area
• Internet access
• Online portal
• Smoke-free community
• Yoga
• 774 sq ft
• 1216 sq ft
• 804 sq ft
• 936 sq ft
• 1108 sq ft
• 1188 sq ft
• 1321 sq ft
• 810 sq ft
• 858 sq ft
• 793 sq ft

📊 Property Facts

Walk Score

23 · Car-Dependent

Transit Score

0 · No Nearby Transit

🎓 Nearby Schools

• Dexter Middle School · 5-85/10 · 1.9 mi
• Dexter Elementary School · PK-45/10 · 2.2 mi
• Houston High School · 9-128/10 · 2.2 mi
• Cordova Middle School · 6-83/10 · 2.2 mi
• Riverwood Elementary School · PK-57/10 · 2.3 mi
• Riverdale K-8 School · K-87/10 · 2.8 mi
• Cordova Elementary School · PK-54/10 · 3.0 mi
• Chimneyrock Elementary School · PK-56/10 · 3.0 mi
• Cordova High School · 9-123/10 · 3.8 mi
• Farmington Elementary School · PK-58/10 · 3.8 mi

🏡 Floor Plans

304

774 sq ft · 12 mo

Available now

$1,440

208

1,216 sq ft · 12 mo

Available now

$1,805

203

804 sq ft · 12 mo

Available now

$1,460

207

804 sq ft · 12 mo

Sep 9, 2026

$1,500

303

804 sq ft · 12 mo

Available now

$1,510

104

936 sq ft · 12 mo

Sep 9, 2026

$1,760