Cheap Homes for Rent in the Annesdale Park Neighborhood of Memphis, TN from $550 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Annesdale Park area of Memphis.

property at 1111 North Pkwy
$595 - $650
1 Bedroom Rentals
Available Now
Affordability

1111 North Pkwy

MemphisTN38105

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

property at 157 Stonewall St
$875
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

157 Stonewall St

MemphisTN38104

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1195 Dorothy Pl
$900
1 Bedroom Rentals
Available Now
Affordability

1195 Dorothy Pl

MemphisTN38104

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

property at 1261 Central Ave
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1261 Central Ave, Unit 4

1261 Central Ave
MemphisTN38104
  • Smoke Free

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

property at 109 N Main St
$895 - $1,095
Studio To 1 Bedroom Rentals
Available Now
Affordability

109 N Main St

MemphisTN38103
property at 1542 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1542 Tutwiler Ave

MemphisTN38107
property at 1540 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1540 Tutwiler Ave

MemphisTN38107

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Cheapest Available Annesdale Park Apartments for Rent

 

The cheapest available apartment rental in the Annesdale Park area of Memphis, TN is a Studio unit found at 1298 Carr priced from $550. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $561. Here are the most affordable Annesdale Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
1298 Carr0BR/1.0BAStudio,1BA$550
Longview Gardens2 Bedroom2BR,1BA$561
1111 N Parkway1 Beds, 1 Baths1BR,1BA$595
288 Leath St1 Beds, 1 Baths1BR,1BA$625
1277 Airways Blvd2 Beds, 1 Baths2BR,1BA$625
The Pulse ApartmentsStudio 1 BathroomStudio,1BA$634
148 Stonewall Pl1 BR, 1 BA1BR,1BA$650
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
487 Williams Ave2 Beds, 1 Baths2BR,1BA$695

Best Value Apartments for Rent in Annesdale Park, TN

As of September 12, 2026 the best value apartment in the Annesdale Park area is the $1.00 price per square foot FCA1968 Model at First Congo Apartments in the in the Medical District neighborhood starting from $1,965. The second greatest value Annesdale Park apartment is the 3 Beds, 2 Baths Model at 2191 Washington Ave starting at $1,600 with a $0.84 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Annesdale Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
First Congo ApartmentsFCA19682BR,2.5BA$1.00
2191 Washington Ave3 Beds, 2 Baths3BR,2BA$0.84
Cgient Properties LLC-32BR/1.5BA2BR,1.5BA$0.84
285 Lucy Ave2 Beds, 1 Baths2BR,1BA$0.83
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
1101 S Rembert St, Unit 11011101 S Rembert St1BR,1BA$0.78
1111 N Parkway1 Beds, 1 Baths1BR,1BA$0.74
Longview Gardens2 Bedroom2BR,1BA$0.71
148 Stonewall Pl1 BR, 1 BA1BR,1BA$1.00

Frequently Asked Questions about Annesdale Park

What type of rentals are currently available in Annesdale Park?

There are currently 840 Apartments for Rent in Annesdale Park, TN with pricing that ranges from $450 to $9,549. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annesdale Park ranging from $550 to $4,900.

What is the current price range for Rental Homes in Annesdale Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Annesdale Park ranges from $550 to $4,900 with an average monthly rent of $1,585.

How much are larger Three and Four Bedroom Rentals in Annesdale Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Annesdale Park range from $850 to $3,942, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,495. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $1,350.

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

decorative image for Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City article

Memphis, Tennessee: A Local Expert's 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.

decorative image for The Local Memphis Expert's Guide to Renting Near the Citys Top Employers article

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

decorative image for College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive article

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.

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.