Cheap Homes for Rent in Greenbelt Park Lagoon Neighborhood of Memphis, TN from $900 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Greenbelt Park Lagoon 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.

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.

Greenbelt Park Lagoon, Memphis, TN Local Guide

Best Value Apartments for Rent in Greenbelt Park Lagoon, TN

As of April 17, 2026 the best value apartment in the Greenbelt Park Lagoon area is the $1.46 price per square foot C1 Model at The Estates at River Pointe in the in the Downtown Memphis neighborhood starting from $1,996. The second greatest value Greenbelt Park Lagoon apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Estates at River PointeC13BR,2BA$1.46
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Harbor Island ApartmentsOne Bedroom1BR,1BA$1.99
Island Park/Harbor Town SquareA1 (1x1 Island Park)1BR,1BA$1.60
Uptown Flats1-B1BR,1BA$1.26
Grand Island ApartmentsVerona1BR,1BA$2.01
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15
Riverset ApartmentsA1 - Elm1BR,1BA$1.82
Belle Harbour ApartmentsA11BR,1BA$1.88

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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The 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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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 Lifestyle
Greenbelt Park Lagoon, Memphis, TN

Ranked #64

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Greenbelt Park Lagoon

What type of rentals are currently available in Greenbelt Park Lagoon?

There are currently 46 Apartments for Rent in Greenbelt Park Lagoon, TN with pricing that ranges from $750 to $3,300. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenbelt Park Lagoon ranging from $975 to $2,600.

What is the current price range for Rental Homes in Greenbelt Park Lagoon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenbelt Park Lagoon ranges from $975 to $2,600 with an average monthly rent of $1,788.

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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.