Cheap Apartments for Rent in the Cherokee Park Neighborhood of Memphis, TN from $600 (10 Rentals)

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

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Kimball Park
1 to 3 Bedroom Apartments

Kimball Park

2861 Kimball AveMemphis, TN 38114
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3073 Sharpe Ave
2 Bedroom Apartments

3073 Sharpe Ave

3073 Sharpe AveMemphis, TN 38114

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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Lamar Crossing
1 to 4 Bedroom Apartments

Lamar Crossing

2881 Lamar AveMemphis, TN 38114
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Cherokee Park
2 Bedroom Apartments

Cherokee Park

2884 Filmore AveMemphis, TN 38114

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Cherokee Park, Memphis, TN Local Guide

Cheapest Available Cherokee Park Apartments for Rent

 

The cheapest available apartment rental in the Cherokee Park area of Memphis, TN is a 2 Beds unit found at 1277 Airways Blvd priced from $650. Barron Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $676. Here are the most affordable Cherokee Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
1277 Airways Blvd2 Beds, 1 Baths2BR,1BA$650
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$676
Brentwood Parc2 Bed/ 2 Bath2BR,1BA$750

Best Value Apartments for Rent in Cherokee Park, TN

As of June 14, 2026 the best value apartment in the Cherokee Park area is the $1.18 price per square foot 4 Bedroom Model at Lamar Crossing in the in the East Memphis neighborhood starting from $1,467. The second greatest value Cherokee Park apartment is the 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc starting at $850 with a $0.83 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Cherokee Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lamar Crossing4 Bedroom4BR,2BA$1.18
Brentwood Parc2 Bed/ 2 Bath Towhnome2BR,2BA$0.83
Whispering Pines1BR/1BA1BR,1BA$0.83
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$0.87

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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Real 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.

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Pet Friendly Lifestyle

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

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Frequently Asked Questions about Cheap Cherokee Park Apartments

What is the lowest price for a Cheap Two Bedroom Cherokee Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherokee Park is starting from $650 at 1277 Airways Blvd.

What is the most affordable Cherokee Park Three Bedroom Apartment?

The best deal on a cheap Cherokee Park Three Bedroom Apartment rental is at Brentwood Parc and starts from $895.

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.

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