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$1,3502 Bedroom Apartments Available Aug 3
4905 Shifri Ave, Unit 3
4905 Shifri AveMemphis, TN 38117
Cheap Homes for Rent in the Forest Hill Neighborhood of Memphis, TN from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Hill area of Memphis.
2215 Henrietta Rd
MemphisTN38134
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
5331 Pipers Gap Dr
MemphisTN38134
2210 Curbertson Cove
MemphisTN38134
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
6310 Brightwood Dr
MemphisTN38134
Showing Results 1-5, Page 1 of 1
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 | $1,585 | $1,500 | $1,650 |
| Forest Hill 4 Bedroom Homes for Rent | $2,140 | $2,140 | $2,140 |
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 2 Beds unit found at Oak Grove Flats priced from $667. The Summit Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable Forest Hill apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Grove Flats | 2BR | 2BR,1BA | $667 |
| The Summit Apartments | Ash | 1BR,1BA | $704 |
| Edgewater Apartments | 1BR/1BA | 1BR,1BA | $705 |
Best Value Apartments for Rent in Forest Hill, TN
As of July 26, 2026 the best value apartment in the Forest Hill area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Forest Hill apartment is the Magellan - 2 Bed, 2 Bath Model at The Stella Apartments starting at $1,125 with a $1.08 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 | $0.74 |
| The Stella Apartments | Magellan - 2 Bed, 2 Bath | 2BR,2BA | $1.08 |
| Oak Grove Flats | 3BR | 3BR,1.5BA | $0.94 |
| Mendenhall Gardens | 2B Duplex | 2BR,2BA | $1.17 |
| Covington Hills | CVHB3 | 2BR,2BA | $1.17 |
| Abington | Town Home | 2BR,1.5BA | $1.08 |
| Macon Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.15 |
| The Summereast Apartments | Great Move In Deals/ Speciales del Mes de Agosto | 2BR,1.5BA | $1.16 |
| Greenbrook at Shelby Farms | Sycamore | 1BR,1BA | $1.10 |
| Edgewater Apartments | 1BR/1BA | 1BR,1BA | $0.94 |
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
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Pet Friendly LifestyleForest Hill, Memphis, TN
Ranked #37
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 53 Apartments for Rent in Forest Hill, TN with pricing that ranges from $667 to $3,079. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hill ranging from $1,500 to $2,140.
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 $1,500 to $2,140 with an average monthly rent of $1,862.
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 $935 to $3,079, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $1,650. Four Bedroom Single-Family rentals are also available starting from $2,140 and Four Bedroom Apartments start at $1,545.
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.
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