Cheap Homes for Rent in Dison Peterson Neighborhood of Memphis, TN from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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

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

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 Heights priced from $600. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $628. Here are the most affordable Dison Peterson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Heights2 Bed / 1 Bath2BR,1BA$600
Longview Gardens2 Bedroom2BR,1BA$628
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$700
Central GardensStudio One Bath1BR,1BA$775
Crescent Bluff11A501BR,1BA$784
Ruby Oaks Apartments2 Beds, 1 bath2BR,1BA$865
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$949
South Junction ApartmentsThe EdgeStudio,1BA$999
The Marine Residence1 Bedroom1BR,1BA$1,090

Best Value Apartments for Rent in Dison Peterson, TN

As of September 10, 2025 the best value apartment in the Dison Peterson area is the $1.44 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 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.
The Marine Residence2 Bedroom2BR,2BA$1.44
Ruby Oaks Apartments2 Beds, 2 baths2BR,2BA$0.95
Belvedere Place1x11BR,1BA$1.37
Longview Heights2 Bed / 1 Bath2BR,1BA$0.78
Longview Gardens2 Bedroom2BR,1BA$0.79
The Melrose MidtownThe Kira1BR,1BA$1.73
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$1.12
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16
Crescent Bluff11A501BR,1BA$1.37
Central GardensOne Bedroom One Bath Elevator1BR,1BA$1.48

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 #49

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 208 Apartments for Rent in Dison Peterson, TN with pricing that ranges from $200 to $2,885. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dison Peterson ranging from $545 to $3,795.

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 $545 to $3,795 with an average monthly rent of $1,291.

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 $1,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $3,650. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $2,100.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.