
Cheap Homes for Rent in Grays Creek Neighborhood of Cordova, TN from $600 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Grays Creek area of Cordova.


2753 Virginia Woods Pl

10093 Woodland Hills Dr

2842 Misty Briar Cove

10085 Woodland Hills Dr

1067 Cross Meadow Rd

10108 Nolton Cir

1048 Cross Wood Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

10144 Lynham Dr

2778 Misty Valley Dr

2799 Maggie Woods Pl

2671 Breezy Ridge Trail

10000 Houston Birch Dr

1719 Brentford Cove

10084 Cross Ridge Rd

10242 Evening Hill Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

10130 Cross Valley Dr

1411 Carlton Ridge Dr

10218 Cottage Oaks Cove

1142 Red Fern Cir W

10038 Chariden Dr

1596 Far Dr

10050 Mill Hill Ave

10178 Sterling Ridge Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Grays Creek, Cordova, TN Local Guide

How much does it cost to rent a home in Grays Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grays Creek 3 Bedroom Homes for Rent | $1,909 | $1,565 | $2,650 |
| Grays Creek 4 Bedroom Homes for Rent | $2,379 | $1,850 | $3,800 |
| Grays Creek 5 Bedroom Homes for Rent | $4,250 | $4,000 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Grays Creek Neighborhood of Cordova, TN.
Explore Cordova
Cheapest Available Grays Creek Apartments for Rent
 The cheapest available apartment rental in the Grays Creek area of Memphis, TN is a 1 Bed unit found at Camden Grove Apartments priced from $1,204. Villas at Houston Levee East & West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. Here are the most affordable Grays Creek apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camden Grove Apartments | 1BR/1BA | 1BR,1BA | $1,204 |
| Villas at Houston Levee East & West | A1LG | 1BR,1BA | $1,240 |
| The Charleston | Beaumont | 1BR,1BA | $1,242 |
| Dogwood Creek | Willow with Sunroom-Renovated | 1BR,1BA | $1,290 |
| The Landings at Houston Levee | The Bayfront - 3x2 | 3BR,2BA | $1,513 |
Best Value Apartments for Rent in Grays Creek, TN
As of June 11, 2026 the best value apartment in the Grays Creek area is the $1.14 price per square foot The Bayfront - 3x2 Model at The Landings at Houston Levee in the in the Eads-Fisherville neighborhood starting from $1,513. The second greatest value Grays Creek apartment is the Beaumont Model at The Charleston starting at $1,242 with a $1.33 price per square foot in the Eads-Fisherville neighborhood. Here is today’s list of the best values for Grays Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Landings at Houston Levee | The Bayfront - 3x2 | 3BR,2BA | $1.14 |
| The Charleston | Beaumont | 1BR,1BA | $1.33 |
| Dogwood Creek | Willow with Sunroom-Renovated | 1BR,1BA | $1.48 |
| Camden Grove Apartments | 1BR/1BA | 1BR,1BA | $1.59 |
| Grays Creek Apartments | The Walnut | 1BR,1BA | $2.07 |
| Villas at Houston Levee East & West | A1LG | 1BR,1BA | $1.86 |
Frequently Asked Questions about Grays Creek
What type of rentals are currently available in Grays Creek?
There are currently 12 Apartments for Rent in Grays Creek, TN with pricing that ranges from $1,051 to $2,640. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grays Creek ranging from $695 to $4,500.
What is the current price range for Rental Homes in Grays Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grays Creek ranges from $695 to $4,500 with an average monthly rent of $2,308.
How much are larger Three and Four Bedroom Rentals in Grays Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grays Creek range from $1,365 to $2,535, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,565 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,560.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.