Cheap Apartments for Rent in the Dison Peterson Neighborhood of Memphis, TN from $400 (57 Rentals)

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

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

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2309 Warren St
1 Bedroom Apartments

2309 Warren St

2309 Warren StMemphis, TN 38106

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.

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1154 Wilson St
1 Bedroom Apartments

1154 Wilson St

1154 Wilson StMemphis, TN 38106
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Manor Park Apartments
1 to 3 Bedroom Apartments

Manor Park Apartments

1500 Parkway View CirMemphis, TN 38106
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Washington Manor
1 to 3 Bedroom Apartments

Washington Manor

1920 Florida StMemphis, TN 38109
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487 Williams Ave
2 Bedroom Apartments

487 Williams Ave

487 Williams AveMemphis, TN 38126
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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included

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.

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Cane Creek Apartments
3 to 4 Bedroom Apartments

Cane Creek Apartments

1528 Ragan StMemphis, TN 38106
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760 Richmond Ave
1 to 2 Bedroom Apartments

760 Richmond Ave

760 Richmond AveMemphis, TN 38106
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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
Senior Living
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 2

Dison Peterson, Memphis, TN Local Guide

Cheapest Available Dison Peterson Apartments for Rent

 

The cheapest available apartment rental in the Dison Peterson area of Memphis, TN is a 2 Beds unit found at Longview Gardens priced from $558. Longview Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $608. Here are the most affordable Dison Peterson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Gardens2 Bedroom2BR,1BA$558
Longview Heights2 Bed / 1 Bath2BR,1BA$608
2309 Warren St1 Beds, 1 Baths1BR,1BA$650
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
487 Williams Ave2 Beds, 1 Baths2BR,1BA$750
Central GardensStudio One Bath1BR,1BA$775
Crescent Bluff11A501BR,1BA$799
The Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849
Ruby Oaks Apartments2 Beds, 1 bath2BR,1BA$865

Best Value Apartments for Rent in Dison Peterson, TN

As of July 26, 2026 the best value apartment in the Dison Peterson area is the $1.05 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,598. The second greatest value Dison Peterson apartment is the 2 Beds, 1 Baths Model at 285 Lucy Ave starting at $1,000 with a $0.83 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Dison Peterson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.05
285 Lucy Ave2 Beds, 1 Baths2BR,1BA$0.83
Belvedere Place2x1A2BR,1BA$1.23
Ruby Oaks Apartments2 Beds, 2 baths2BR,2BA$0.95
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.04
1011 S Willett St, Unit #31011 S Willett St1BR,1BA$0.88
Longview Gardens2 Bedroom2BR,1BA$0.71
Longview Heights2 Bed / 1 Bath2BR,1BA$0.77
2309 Warren St1 Beds, 1 Baths1BR,1BA$1.06
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16

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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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.

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Pet Friendly Lifestyle
Dison Peterson, Memphis, TN

Ranked #47

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Dison Peterson Apartments

What is the Cheapest Studio apartment in Dison Peterson?

Currently the most affordable Cheap Studio Apartment in Dison Peterson is at The Bonsai at Central Gardens listed at $849.

How much is rent for a Cheap One Bedroom Dison Peterson Apartment?

The lowest price for a Cheap One Bedroom Dison Peterson Apartment is $650 at 2309 Warren St.

What is the lowest price for a Cheap Two Bedroom Dison Peterson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Dison Peterson is starting from $562 at Longview Gardens.

What is the most affordable Dison Peterson Three Bedroom Apartment?

The best deal on a cheap Dison Peterson Three Bedroom Apartment rental is at Ruby Oaks Apartments and starts from $995.

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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