Cheap Apartments for Rent in the Forest Hill Neighborhood of Memphis, TN from $600 (20 Rentals)

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

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Bartlett Crossing
1 to 2 Bedroom Apartments

Bartlett Crossing

5760 S Silvercreek DrMemphis, TN 38134

Forest Hill, Memphis, TN Local Guide

Cheapest Available Forest Hill Apartments for Rent

 

The cheapest available apartment rental in the Forest Hill area of Memphis, TN is a Studio unit found at Elite Living Residence priced from $650. Oak Grove Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $667. Here are the most affordable Forest Hill apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Elite Living ResidenceStudioStudio,1BA$650
Oak Grove Flats2BR2BR,1BA$667
Summer Trace ApartmentsThe Bonelli2BR,1BA$760
Greenbrook at Shelby FarmsSycamore1BR,1BA$803
Avery Park Apartments2X12BR,1BA$845

Best Value Apartments for Rent in Forest Hill, TN

As of October 28, 2025 the best value apartment in the Forest Hill area is the $1.10 price per square foot Magellan - 2 Bed, 2 Bath Model at The Stella Apartments in the in the East Memphis neighborhood starting from $1,150. The second greatest value Forest Hill apartment is the 2br 1.5ba Model at Village of Sycamore Ridge starting at $995 with a $0.99 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Forest Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Stella ApartmentsMagellan - 2 Bed, 2 Bath2BR,2BA$1.10
Village of Sycamore Ridge2br 1.5ba2BR,1.5BA$0.99
Sycamore Lake2 Bed 1.5 Bath2BR,1BA$1.02
Courtyard @ Waring Park2X1 (900)2BR,1BA$0.99
Macon Manor2 Bedroom 1 Bathroom2BR,1BA$1.15
Oak Grove Flats2BR2BR,1BA$0.78
The SummereastB22BR,1.5BA$1.22
Avery Park Apartments2X12BR,1BA$1.10
Greenbrook at Shelby FarmsSycamore1BR,1BA$1.06
Deerfield Apartments1.11BR,1BA$1.13

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Pet Friendly Lifestyle
Forest Hill, Memphis, TN

Ranked #41

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee including Forest Hill, Memphis, and the greater Memphis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Forest Hill Apartments

What is a cheap apartment in Forest Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Hill is under $895.

What is the price of a cheap apartment in Forest Hill?

The cheapest apartment in Forest Hill is Summer Trace Apartments which is listed at $775, while the average apartment in Forest Hill costs $1,795.

What types of apartments are the cheapest in Forest Hill?

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 8 regular apartments in Forest Hill 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 Forest Hill?

Cheap apartments in Forest Hill have an average cost of $176 which is $1,619 cheaper than the average rent for all rentals in Forest Hill.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.