Cheap Apartments for Rent in the Dison Peterson Neighborhood of Memphis, TN from $300 (27 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Washington Manor
1 to 3 Bedroom Apartments

Washington Manor

1920 Florida StMemphis, TN 38109
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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
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Crescent Bluff
2 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
Senior Living
  • Utilities Included
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760 Richmond Ave
2 Bedroom Apartments

760 Richmond Ave

760 Richmond AveMemphis, TN 38106
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Cane Creek Apartments
3 to 4 Bedroom Apartments

Cane Creek Apartments

1528 Ragan StMemphis, TN 38106
  • Utilities Included

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 Heights priced from $591. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $596. Here are the most affordable Dison Peterson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Heights2 Bed / 1 Bath2BR,1BA$591
Longview Gardens2 Bedroom2BR,1BA$596
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$700
Central GardensStudio One Bath1BR,1BA$775
Ruby Oaks Apartments2 Beds, 1 bath2BR,1BA$865
Goodbar Townhomes2 Beds, 1 Baths2BR,1BA$995
South Junction ApartmentsThe EdgeStudio,1BA$999
The Melrose MidtownThe NikkiStudio,1BA$999
Belvedere PlaceStudioStudio,1BA$1,000
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$1,034

Best Value Apartments for Rent in Dison Peterson, TN

As of June 25, 2025 the best value apartment in the Dison Peterson area is the $1.36 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,850. The second greatest value Dison Peterson apartment is the 308 Model at National Rose Co. starting at $2,215 with a $1.86 price per square foot in the Downtown 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$1.36
National Rose Co.3082BR,2BA$1.86
Ruby Oaks Apartments2 Beds, 2 baths2BR,2BA$0.95
State Place at South EndOne Bedroom / One Bathroom1BR,1BA$1.90
Longview Heights2 Bed / 1 Bath2BR,1BA$0.75
Longview Gardens2 Bedroom2BR,1BA$0.76
Goodbar Townhomes2 Beds, 1 Baths2BR,1BA$1.46
Belvedere PlaceStudioStudio ,1BA$1.54
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$1.12
Central GardensOne Bedroom One Bath Elevator1BR,1BA$1.48

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Pet Friendly Lifestyle
Dison Peterson, Memphis, TN

Ranked #59

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Dison Peterson Apartments

What is a cheap apartment in Dison Peterson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dison Peterson is under $1,034.

What is the price of a cheap apartment in Dison Peterson?

The cheapest apartment in Dison Peterson is Manor Park Apartments which is listed at $700, while the average apartment in Dison Peterson costs $1,992.

What types of apartments are the cheapest in Dison Peterson?

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 30 regular apartments in Dison Peterson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.