Cheap Apartments for Rent in the Georgian Woods Neighborhood of Memphis, TN from $600 (8 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Elbert Duplexes
2 Bedroom Apartments

Elbert Duplexes

2922-2981 Elbert DrMemphis, TN 38127
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Beacon Manor
1 to 3 Bedroom Apartments

Beacon Manor

2502 St. Elmo AveMemphis, TN 38127
  • Utilities Included
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Casa Bonita Apartments
2 Bedroom Apartments

Casa Bonita Apartments

4220 Overton CrossingMemphis, TN 38127
  • Utilities Included

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Cheapest Available Georgian Woods Apartments for Rent

 

The cheapest available apartment rental in the Georgian Woods area of Memphis, TN is a 1 Bed unit found at Hilldale Apartments priced from $700. Regency at Raleigh has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Georgian Woods apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Hilldale Apartments1x11BR,1BA$700
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$740
Rangepark Apartments2x22BR,2BA$750

Best Value Apartments for Rent in Georgian Woods, TN

As of April 24, 2026 the best value apartment in the Georgian Woods area is the $0.85 price per square foot 3 Bedroom 2 Bath Townhome- 60% Model at Crockett Park Place in the in the Frayser neighborhood starting from $1,218. The second greatest value Georgian Woods apartment is the 3 Bed Home Model at 2097 Sharon Ln starting at $1,300 with a $1.16 price per square foot in the Frayser neighborhood. Here is today’s list of the best values for Georgian Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crockett Park Place3 Bedroom 2 Bath Townhome- 60%3BR,2BA$0.85
2097 Sharon Ln3 Bed Home3BR,1.5BA$1.16
Hilldale Apartments3x13BR,1.5BA$0.90
Annie's Townhomes1BR-FLD1BR,1BA$0.90
Rangepark Apartments2x22BR,2BA$0.88
Regency at Raleigh1 bedroom, 1 bath1BR,1BA$1.04
Redwood Estates Mobile Home Community1 x 1 bath1BR,1BA$2.50

Frequently Asked Questions about Cheap Georgian Woods Apartments

What is the price of a cheap apartment in Georgian Woods?

The cheapest apartment in Georgian Woods is Hilldale Apartments which is listed at $700, while the average apartment in Georgian Woods costs $940.

What types of apartments are the cheapest in Georgian Woods?

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 3 regular apartments in Georgian Woods 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 Georgian Woods?

Cheap apartments in Georgian Woods have an average cost of $254 which is $686 cheaper than the average rent for all rentals in Georgian Woods.

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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