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Cheap Homes for Rent in Forest Hill Neighborhood of Memphis, TN from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill area of Memphis.
6341 Cheekwood Ave
MemphisTN38134
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.
5643 Falling Bark Dr
MemphisTN38134
5569 Falling Bark Dr
MemphisTN38134
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.
1970 Olive Bark Dr
MemphisTN38134
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Forest Hill, Memphis, TN Local Guide
How much does it cost to rent a home in Forest Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Hill 3 Bedroom Homes for Rent | $1,702 | $1,355 | $1,950 |
| Forest Hill 4 Bedroom Homes for Rent | $1,821 | $1,795 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Forest Hill Neighborhood of Memphis, TN.
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Forest Hill, Memphis, TN Local Guide
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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 Studio apartment currently listed from $745. Here are the most affordable Forest Hill apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elite Living Residence | Studio | Studio,1BA | $650 |
| Oak Grove Flats | Studio | Studio,1BA | $745 |
| The Meridian Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Forest Hill, TN
As of July 25, 2025 the best value apartment in the Forest Hill area is the $0.85 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,795. The second greatest value Forest Hill apartment is the 2x2 Classic Model at Brentwood Apartments starting at $950 with a $0.91 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunridge Townhomes | 4 Bed, 3 Bath | 4BR,3BA | $0.85 |
| Brentwood Apartments | 2x2 Classic | 2BR,2BA | $0.91 |
| The Glen Townhomes | 2 BD | 2BR,1.5BA | $1.02 |
| Greenbrook at Shelby Farms | Willow | 2BR,1.5BA | $1.10 |
| The Stella Apartments | Columbus - 1 Bed, 1 Bath | 1BR,1BA | $1.04 |
| The Meridian Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.94 |
| Summer Trace Apartments | The Bonelli | 2BR,1BA | $0.98 |
| Avery Park Apartments | 2X1 | 2BR,1BA | $1.10 |
| Sycamore Lake | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
| Courtyard @ Waring Park | 2x1 (700) | 2BR,1BA | $1.11 |
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Frequently Asked Questions about Forest Hill
What type of rentals are currently available in Forest Hill?
There are currently 52 Apartments for Rent in Forest Hill, TN with pricing that ranges from $650 to $3,236. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $1,355 to $1,950.
What is the current price range for Rental Homes in Forest Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Hill ranges from $1,355 to $1,950 with an average monthly rent of $1,761.
How much are larger Three and Four Bedroom Rentals in Forest Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Hill range from $975 to $3,236, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,355 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,795.
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.
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.
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.
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.
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.