Cheap Homes for Rent in Dison Peterson Neighborhood of Memphis, TN from $400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-28, Page 1 of 1

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 $595. Longview Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $632. Here are the most affordable Dison Peterson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Gardens2 Bedroom2BR,1BA$595
Longview Heights2 Bed / 1 Bath2BR,1BA$632
Willie Mitchell Apartments2 Bed 1 Bath2BR,1BA$650
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
1154 Wilson St1 Bed, 1 bath1BR,1BA$699
Ruby Oaks Apartments2 Beds, 1 bath2BR,1BA$865
Central GardensTwo Bedroom One Bath2BR,1BA$975
Goodbar Townhomes2BR/1.0BA2BR,1BA$995
Belvedere Place1x11BR,1BA$999
South Junction ApartmentsThe EdgeStudio,1BA$999

Best Value Apartments for Rent in Dison Peterson, TN

As of December 10, 2025 the best value apartment in the Dison Peterson area is the $1.28 price per square foot 2x1A Model at Belvedere Place in the in the Midtown Memphis neighborhood starting from $1,250. The second greatest value Dison Peterson apartment is the 2 Beds, 2 baths Model at Ruby Oaks Apartments starting at $895 with a $0.95 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.
Belvedere Place2x1A2BR,1BA$1.28
Ruby Oaks Apartments2 Beds, 2 baths2BR,2BA$0.95
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Central GardensTwo Bedroom One Bath2BR,1BA$1.12
1154 Wilson St1 Bed, 1 bath1BR,1BA$0.87
Longview Gardens2 Bedroom2BR,1BA$0.76
Longview Heights2 Bed / 1 Bath2BR,1BA$0.80
Willie Mitchell Apartments2 Bed 1 Bath2BR,1BA$1.02
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16
Crescent Bluff11A501BR,1BA$1.37

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 Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Dison Peterson, Memphis, TN

Ranked #46

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Dison Peterson

What type of rentals are currently available in Dison Peterson?

There are currently 211 Apartments for Rent in Dison Peterson, TN with pricing that ranges from $200 to $2,256. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dison Peterson ranging from $475 to $4,900.

What is the current price range for Rental Homes in Dison Peterson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dison Peterson ranges from $475 to $4,900 with an average monthly rent of $1,427.

How much are larger Three and Four Bedroom Rentals in Dison Peterson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dison Peterson range from $995 to $995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,350. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $2,100.

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.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!