Save This Search

Houses for Rent in Colonial, Memphis, TN

24 Rentals Available
Houses for Rent in Colonial, Memphis, TN. 24 Rentals Available
  • Today

    1756 DORRIE LN, Memphis, TN 38117
    3 BEDS Ask for Pricing
  • Today

    1695 MYRNA LN, Memphis, TN 38117
    3 BEDS Ask for Pricing
  • Today

    1515 Mt. Moriah Road, Memphis, TN 38117
    3 BEDS $1,365
  • Today

    4695 Quince Rd, Memphis, TN 38117
    3 BEDS $1,400
  • More Rentals Near Colonial, Memphis, TN

  • Today

    4989 Sea Isle Rd, Memphis, TN 38117
    3 BEDS $1,445
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • Today

    1279 Woodston Rd, Memphis, TN 38117
    5 BEDS $1,770
  • Today

    1307 S White Station Rd, Memphis, TN 38117
    3 BEDS $1,650
  • Today

    4327 LEATHERWOOD ST, Memphis, TN 38111
    3 BEDS Ask for Pricing
  • Today

    4249 Atwood Ave, Memphis, TN 38111
    2 BEDS $1,025
  • Today

    4261 Leatherwood, Memphis, TN 38111
    3 BEDS Ask for Pricing
  • Today

    1618 Willey St, Memphis, TN 38119
    3 BEDS $1,695
  • Interactive banner rent
    What is your max rent budget?
  • Today

    4111 Barron Ave, Memphis, TN 38111
    3 BEDS $1,350
  • Today

    4120 SOUTHLAWN AVE, Memphis, TN 38111
    3 BEDS Ask for Pricing
  • Today

    4559 COTTONWOOD RD, Memphis, TN 38118
    3 BEDS Ask for Pricing
  • Today

    3009 CARVEL ST, Memphis, TN 38118
    3 BEDS Ask for Pricing
  • Today

    3854 Maid Marian Ln, Memphis, TN 38111
    2 BEDS Ask for Pricing
  • Today

    4877 BRENTDALE AVE, Memphis, TN 38118
    3 BEDS Ask for Pricing
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • Today

    5055 Knight Arnold Rd, Memphis, TN 38118
    3 BEDS $1,295
  • Today

    1311 Foxcroft St, Memphis, TN 38111
    4 BEDS $1,225
  • Today

    3694 Douglass Avenue, Memphis, TN 38111
    3 BEDS $1,300
  • Today

    6077 Southampton Dr, Memphis, TN 38119
    3 BEDS $1,600
  • Today

    5852 FOXDALE RD, Memphis, TN 38115
  • Today

    5495 FLOWERING PEACH DR, MEMPHIS, TN 38115
    4 BEDS Ask for Pricing
  • Today

    6763 Caledon Cove, Memphis, TN 38119
    4 BEDS $2,135
  • Today

    1714 Poplar Estates Parkway, Germantown, TN 38138
    3 BEDS $2,300
4-21-nhood
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Colonial, Memphis, TN rent trends

Rental prices in Colonial, Memphis, TN have decreased by 13.25% over the past year. The average rent moved from $1,193 to $1,035.

Average rent in Colonial, Memphis, TN

$1,035/mo Colonial, Memphis, TN average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Colonial, Memphis, TN is around $1,035.

    What's the typical rent budget in Colonial, Memphis, TN?

    A share of 37% of apartments in Colonial, Memphis, TN have the cheapest rents between ≤ $1000. Around 63% of Colonial's apartments have monthly rents between $1,001-$1,500.

    The largest share of rentals in Colonial, Memphis, TN (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Colonial, TN

    45 /100
    Car-Dependent
    24 /100
    Minimal Transit
    52 /100
    Bikeable
    Walk Score®: 45, Transit Score®: 24, Bike Score®: 52

    Frequently asked questions

    How much is the rent for a house in Colonial, Memphis, TN?

    The price range of a house for rent is between $1,365 and $1,400.

    How many houses are available in Colonial, Memphis, TN on RentCafe?

    There are 4 house rentals available on RentCafe. Prices and availability in Colonial, Memphis, TN were last updated on 24 Feb 2026.

    What is the average size of a rental house in Colonial, Memphis, TN?

    The average Colonial, Memphis, TN rental house size is 1,507 sq. ft.

    What are the advantages of renting a house in Colonial, Memphis, TN?

    Renting a house in Colonial, Memphis, TN comes with more space, both indoor and outdoor.

    What are the downsides of renting a house apartment in Colonial, Memphis, TN?

    Houses for rent in Colonial, Memphis, TN are usually located in non-central areas.

    Colonial, Memphis, TN demographics

    • 7,221Total Population
    • 3,832 Female
      3,389 Male
    • 34Median Age

    In total, Colonial, Memphis, TN has 7,221 residents, 3,832 women and 3,389 men, per U.S. Census recent estimates. Statistics show that the median age of Colonial’s population is 34.

    Colonial, Memphis, TN households

    • 1,809 Family
      1,319 Non-family
    • 857 Children
      2,272 No Children
    • 3,129Total Number of Households
    • 1.9Average People Per Household
    • $68,310Median Household Income

    There is a total of 3,129 households in Colonial, Memphis, TN. Of these, 857 have children and 2,272 are without children. Per Census Bureau’s most current estimates, 1,809 family households and 1,319 non-family households live in this area. The size of a household in Colonial is 1.9 people, on average. The median household annual income in Colonial equals $68,310, and the monthly housing costs equal $1,268.

    Colonial, Memphis, TN education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Colonial, Memphis, TN have no high school education, 25% went to high-school, and 18% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 29% hold a Bachelor Degree, and 21% hold a Graduate Degree.

    Renting a house in Colonial, Memphis, TN

    In real estate, location is everything. But as you are looking at homes for rent in Colonial, Memphis, TN it seems that you’ve got this part already figured out. There are 25 apartment rental properties in Colonial, Memphis, TN with prices ranging from $1,025 to $2,300. That can be a lot to browse through. If you are looking at cheap houses for rent and the maximum you can afford is less than $2,300, simplify your search by typing the maximum you can afford in the Rent filter. When you are searching in the price range of 3 bedroom duplexes there is no need to look at all the 4 bedroom single family homes for rent. Now that we got this out of the way, the real grind begins. The devil is in the amenities. Well, not really, but there are so many choices, you don’t know where to start. Buckle up, it can be a bumpy ride and it could wreak some temporary havoc in your otherwise perfect apartment search.

    Deciding on what is important when renting a house

    Remember how hard it was to search for your first apartment alone? How confused you were because of all the things you had to consider? We’d like to tell you that things will be a lot easier this time around, not only because you’re more experience, but also because we’re here to help you along the way. It is easy to agree on whether you need a 1 bedroom or a 2 bedroom house, but there might also be some debates on the importance of a fireplace, A/C, garage or a pool. Sit down and talk about what are your must-haves and nice-to-haves. Agree on the amenities even before the serious hunt for rental homes starts. With a clear plan, browsing through our 24 houses for rent in Colonial, Memphis, TN is a breeze as you can filter the results based on your favorite amenities and features.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!