1763 7th Crompton Ct
MemphisTN38134
Cheap Homes for Rent in Forest Hill Neighborhood of Memphis, TN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill area of Memphis.
2150 Woodfield Park Rd
MemphisTN38134
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.
5527 Ginners Dr
MemphisTN38134
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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.
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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 2 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| Forest Hill 3 Bedroom Homes for Rent | $1,527 | $1,200 | $1,695 |
| Forest Hill 4 Bedroom Homes for Rent | $1,732 | $1,645 | $1,820 |
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 2 Beds apartment currently listed from $667. 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 | 2BR | 2BR,1BA | $667 |
| Summer Trace Apartments | The Bonelli | 2BR,1BA | $755 |
Best Value Apartments for Rent in Forest Hill, TN
As of November 04, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Stella Apartments | Magellan - 2 Bed, 2 Bath | 2BR,2BA | $1.10 |
| Village of Sycamore Ridge | 2br 1.5ba | 2BR,1.5BA | $0.99 |
| Courtyard @ Waring Park | 2X1 (900) | 2BR,1BA | $0.99 |
| Oak Grove Flats | 2BR | 2BR,1BA | $0.78 |
| Avery Park Apartments | 2X1.5 | 2BR,1.5BA | $1.05 |
| The Summereast | B2 | 2BR,1.5BA | $1.22 |
| Mendenhall Gardens | 1A | 1BR,1BA | $1.25 |
| Greenbrook at Shelby Farms | Magnolia | 1BR,1BA | $1.08 |
| Sycamore Lake | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Deerfield Apartments | 1.1 | 1BR,1BA | $1.13 |
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!
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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.
Read ArticleDon'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 ArticleThe 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.
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Pet Friendly LifestyleForest Hill, Memphis, TN
Ranked #40
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Forest Hill
What type of rentals are currently available in Forest Hill?
There are currently 30 Apartments for Rent in Forest Hill, TN with pricing that ranges from $650 to $2,620. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $1,200 to $1,820.
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 $1,200 to $1,820 with an average monthly rent of $1,536.
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 $985 to $2,620, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,695. Four Bedroom Single-Family rentals are also available starting from $1,645 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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.