
Cheap Apartments for Rent in the Dellwood Neighborhood of Memphis, TN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dellwood area of Memphis.


Timber Pines Apartments

Trezevant Apartments
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.

Appletree North and South

3375 Overton Crossing St

Rolling Hills Apartments

Timber Pines Apartments
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.
Dellwood, Memphis, TN Local Guide

How much does it cost to rent an apartment in Dellwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dellwood 1 Bedroom Apartments | $836 | $660 | $1,000 |
| Dellwood 2 Bedroom Apartments | $853 | $745 | $1,200 |
| Dellwood 3 Bedroom Apartments | $1,087 | $880 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Dellwood Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Cheapest Available Dellwood Apartments for Rent
 The cheapest available apartment rental in the Dellwood area of Memphis, TN is a 1 Bed unit found at Watkins Manor priced from $850. 1716 DuPont Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable Dellwood apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Watkins Manor | 1 Bed, 1 bath | 1BR,1BA | $850 |
| 1716 DuPont Ave | 2 Bed 1 Bed | 2BR,1BA | $850 |
| Redwood Estates Mobile Home Community | 1 x 1 bath | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Dellwood, TN
As of July 29, 2026 the best value apartment in the Dellwood area is the $0.84 price per square foot 2BR/1BA Model at Casa Bonita Apartments in the in the Frayser neighborhood starting from $749. The second greatest value Dellwood apartment is the 2 Bed 1 Bed Model at 1716 DuPont Ave starting at $850 with a $1.48 price per square foot in the Frayser neighborhood. Here is today’s list of the best values for Dellwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Casa Bonita Apartments | 2BR/1BA | 2BR,1BA | $0.84 |
| 1716 DuPont Ave | 2 Bed 1 Bed | 2BR,1BA | $1.48 |
| Watkins Manor | 1 Bed, 1 bath | 1BR,1BA | $1.49 |
| Redwood Estates Mobile Home Community | 1 x 1 bath | 1BR,1BA | $2.50 |
Frequently Asked Questions about Cheap Dellwood Apartments
What types of apartments are the cheapest in Dellwood?
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 25 regular apartments in Dellwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Dellwood?
Cheap apartments in Dellwood have an average cost of $382 which is $613 cheaper than the average rent for all rentals in Dellwood.
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

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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

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.

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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.
