
Cheap Apartments for Rent in the Greenbelt Park Lagoon Neighborhood of Memphis, TN from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenbelt Park Lagoon area of Memphis.


Greenlaw Apartments

The Metropolitan and Greenlaw Place Apartments
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.

Bickford Square Apartments

Fielder Square

Bonsai at Central Gardens

South Junction Apartments

Riverset Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

602 N Main St

220 Mill Ave

604 N Main St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

205 Reno Ave
Greenbelt Park Lagoon, Memphis, TN Local Guide

How much does it cost to rent an apartment in Greenbelt Park Lagoon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenbelt Park Lagoon Studio Apartments | $1,177 | $760 | $1,511 |
Greenbelt Park Lagoon 1 Bedroom Apartments | $1,536 | $805 | $2,427 |
Greenbelt Park Lagoon 2 Bedroom Apartments | $1,744 | $795 | $3,368 |
Greenbelt Park Lagoon 3 Bedroom Apartments | $2,241 | $995 | $3,225 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Greenbelt Park Lagoon Neighborhood of Memphis, TN.
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Greenbelt Park Lagoon, Memphis, TN Local Guide
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Cheapest Available Greenbelt Park Lagoon Apartments for Rent
 The cheapest available apartment rental in the Greenbelt Park Lagoon area of Memphis, TN is a 2 Beds unit found at Greenlaw Apartments priced from $795. The Kendall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $813. Here are the most affordable Greenbelt Park Lagoon apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Uptown Square Apartments | 1 Bedroom - Urban | 1BR,1BA | $930 |
Best Value Apartments for Rent in Greenbelt Park Lagoon, TN
As of May 30, 2025 the best value apartment in the Greenbelt Park Lagoon area is the $1.59 price per square foot B3 Model at The Estates at River Pointe in the in the Downtown Memphis neighborhood starting from $1,987. The second greatest value Greenbelt Park Lagoon apartment is the B4 (2x2 Harbor Town) Model at Island Park/Harbor Town Square starting at $1,694 with a $1.38 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Greenbelt Park Lagoon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Estates at River Pointe | B3 | 2BR,2BA | $1.59 |
Island Park/Harbor Town Square | B4 (2x2 Harbor Town) | 2BR,2BA | $1.38 |
Orleans Station | 2BR - FP #1 | 2BR,2BA | $1.73 |
Court Square Apartments | 1 BR | 1BR,1BA | $1.30 |
Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
Riverset Apartments | A2S - Maple w/Sunroom | 1BR,1BA | $1.58 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
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Pet Friendly LifestyleGreenbelt Park Lagoon, Memphis, TN
Ranked #37
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Tennessee, including Memphis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, apartment communities for the kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Greenbelt Park Lagoon Apartments
What is a cheap apartment in Greenbelt Park Lagoon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenbelt Park Lagoon is under $1,025.
What is the price of a cheap apartment in Greenbelt Park Lagoon?
The cheapest apartment in Greenbelt Park Lagoon is The Metropolitan and Greenlaw Place Apartments which is listed at $850, while the average apartment in Greenbelt Park Lagoon costs $2,310.
What types of apartments are the cheapest in Greenbelt Park Lagoon?
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 24 regular apartments in Greenbelt Park Lagoon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.