Cheap Apartments for Rent in the Central Gardens Neighborhood of Memphis, TN from $500 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Gardens area of Memphis.

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35 N Idlewild St
Studio to 2 Bedroom Apartments

35 N Idlewild St

35 N Idlewild StMemphis, TN 38104
Corporate Housing
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Idlewild Terrace
1 Bedroom Apartments

Idlewild Terrace

32 Idlewild StMemphis, TN 38104
  • Utilities Included
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144 N. Belvedere
2 Bedroom Apartments

144 N. Belvedere

144 N Belvedere BlvdMemphis, TN 38104

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Central Gardens, Memphis, TN Local Guide

Cheapest Available Central Gardens Apartments for Rent

 

The cheapest available apartment rental in the Central Gardens area of Memphis, TN is a Studio unit found at The Pulse Apartments priced from $634. Melrose Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Central Gardens apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Pulse ApartmentsStudio 1 BathroomStudio,1BA$634
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
31 S McLean BlvdStudioStudio,1BA$725
144 N. Belvedere2 BR, 1 BA2BR,1BA$750
Cherokee ArmsStandard StudioStudio,1BA$789
Parkside Poplar Apartments1 Bedroom1BR,1BA$795
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$799
Courtyard @ Monroe Flats1 Bedroom, 1 Bathroom1BR,1BA$799
Village Square2066 #41BR,1BA$800
Kimbrough TowersStudio 1 BathroomStudio,1BA$800

Best Value Apartments for Rent in Central Gardens, TN

As of December 22, 2025 the best value apartment in the Central Gardens area is the $0.65 price per square foot 4 Bedroom Model at Barksdale Flats in the in the East Memphis neighborhood starting from $1,500. The second greatest value Central Gardens apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Central Gardens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Barksdale Flats4 Bedroom4BR,2BA$0.65
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
1861 Poplar Ave, Unit 51861 Poplar Ave2BR,1BA$0.98
The MidtownerMidTowner2BR,1BA$1.05
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.05
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Parkside Poplar Apartments1 Bedroom1BR,1BA$0.98
Courtyard @ Monroe Flats1 Bedroom, 1 Bathroom1BR,1BA$1.04
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$1.04
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.00

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Central Gardens, Memphis, TN

Ranked #12

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Gardens Apartments

What is a cheap apartment in Central Gardens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Gardens is under $800.

What is the price of a cheap apartment in Central Gardens?

The cheapest apartment in Central Gardens is Melrose Court Apartments which is listed at $695, while the average apartment in Central Gardens costs $3,246.

What types of apartments are the cheapest in Central Gardens?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 221 regular apartments in Central Gardens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!