
Cheap Homes for Rent in Central Gardens Neighborhood of Memphis, TN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Gardens area of Memphis.


151 N Belvedere Blvd

159 N Belvedere Blvd, Unit 1
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.

939 Seattle St

25 S Morrison St

1006 Emmie St
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.
Central Gardens, Memphis, TN Local Guide

How much does it cost to rent a home in Central Gardens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Gardens 2 Bedroom Homes for Rent | $1,583 | $825 | $2,100 |
| Central Gardens 3 Bedroom Homes for Rent | $1,964 | $1,100 | $2,650 |
| Central Gardens 4 Bedroom Homes for Rent | $3,149 | $2,099 | $4,100 |
| Central Gardens 5 Bedroom Homes for Rent | $3,912 | $3,000 | $4,900 |
| Central Gardens 6 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Central Gardens Neighborhood of Memphis, TN.
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Central Gardens, Memphis, TN Local Guide
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Cheapest Available Central Gardens Apartments for Rent
 The cheapest available apartment rental in the Central Gardens area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. 31 S McLean Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Central Gardens apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Melrose Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $695 |
| 31 S McLean Blvd | Studio | Studio,1BA | $725 |
| Village Square | 2068 #2 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Central Gardens, TN
As of June 11, 2026 the best value apartment in the Central Gardens area is the $0.60 price per square foot 9 S Tucker St Model at 9 S Tucker St, Unit 9 S Tucker in the in the East Memphis neighborhood starting from $900. The second greatest value Central Gardens apartment is the 2 Bed 2 Bath Model at 65 N Belvedere Blvd starting at $1,350 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9 S Tucker St, Unit 9 S Tucker | 9 S Tucker St | 2BR,1BA | $0.60 |
| 65 N Belvedere Blvd | 2 Bed 2 Bath | 2BR,2BA | $1.00 |
| 641 S Rembert St, Unit 641 | 641 S Rembert St | 2BR,2BA | $0.91 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| 34 N Idlewild St | 2BR/1.0BA | 2BR,1BA | $0.89 |
| Urban Peddler | 2BR 1BA | 2BR,1BA | $1.02 |
| Woodland Apartments | 2BR/1.0BA | 2BR,1BA | $1.04 |
| Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.02 |
| 1011 S Willett St, Unit #3 | 1011 S Willett St | 1BR,1BA | $0.88 |
| Monroe Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
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!
Read ArticleDon'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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCentral Gardens, Memphis, TN
Ranked #12
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Gardens
What type of rentals are currently available in Central Gardens?
There are currently 391 Apartments for Rent in Central Gardens, TN with pricing that ranges from $634 to $3,400. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Gardens ranging from $825 to $4,900.
What is the current price range for Rental Homes in Central Gardens?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Gardens ranges from $825 to $4,900 with an average monthly rent of $2,680.
How much are larger Three and Four Bedroom Rentals in Central Gardens?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Gardens range from $825 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,650. Four Bedroom Single-Family rentals are also available starting from $2,099 and Four Bedroom Apartments start at $1,800.
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
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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The Local Memphis Experts Guide to Renting Near the Citys Top Employers
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Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
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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.