Cheap Homes for Rent in Grays Creek Neighborhood of Cordova, TN from $1,300 (31 Rentals)

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Search the lowest-cost Homes available for rent right now in the Grays Creek area of Cordova.

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.

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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.

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property at 10221 Eveninghill Dr

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

3 Bedroom, 2.5 Bath Rentals

Available Now

10221 Eveninghill Dr

CordovaTN38016
Showing Results 1-31, Page 1 of 1

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 The Landings at Houston Levee priced from $981. Villas at Houston Levee East & West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Grays Creek apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Landings at Houston LeveeThe Cove - 1x11BR,1BA$981
Villas at Houston Levee East & WestA4.31BR,1BA$1,150
The CharlestonBeaumont1BR,1BA$1,242
Dogwood CreekCypress2BR,2BA$1,287
Grays Creek ApartmentsThe Walnut1BR,1BA$1,449

Best Value Apartments for Rent in Grays Creek, TN

As of April 20, 2026 the best value apartment in the Grays Creek area is the $1.11 price per square foot The Levee - 2x2 Model at The Landings at Houston Levee in the in the Eads-Fisherville neighborhood starting from $1,232. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Landings at Houston LeveeThe Levee - 2x22BR,2BA$1.11
The CharlestonBeaumont1BR,1BA$1.33
Grays Creek ApartmentsThe Hollow1BR,1BA$2.04
Dogwood CreekWillow with Sunroom-Renovated1BR,1BA$1.48
Villas at Houston Levee East & WestA4.31BR,1BA$1.40

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 $981 to $2,690. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grays Creek ranging from $1,350 to $2,935.

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 $1,350 to $2,935 with an average monthly rent of $2,243.

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 $1,350 to $2,410. Four Bedroom Single-Family rentals are also available starting from $1,715 and Four Bedroom Apartments start at $2,610.

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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.