
Cheap Homes for Rent in Greenbelt Park Lagoon Neighborhood of Memphis, TN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenbelt Park Lagoon area of Memphis.


703 N 3rd St

519 N 5th St
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205 Reno Ave

191 Looney Ave

913 N 3rd St
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Greenbelt Park Lagoon, Memphis, TN Local Guide

How much does it cost to rent a home in Greenbelt Park Lagoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenbelt Park Lagoon 2 Bedroom Homes for Rent | $2,072 | $1,400 | $2,795 |
| Greenbelt Park Lagoon 3 Bedroom Homes for Rent | $2,520 | $1,500 | $3,490 |
| Greenbelt Park Lagoon 4 Bedroom Homes for Rent | $1,610 | $1,250 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 $750. The Kendall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $815. 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 | $750 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $815 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Best Value Apartments for Rent in Greenbelt Park Lagoon, TN
As of November 29, 2025 the best value apartment in the Greenbelt Park Lagoon area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value Greenbelt Park Lagoon apartment is the Waterstone Model at Grand Island Apartments starting at $1,292 with a $1.52 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. |
|---|---|---|---|
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Grand Island Apartments | Waterstone | 1BR,1BA | $1.52 |
| Island Park/Harbor Town Square | A1 (1x1 Island Park) | 1BR,1BA | $1.45 |
| The Estates at River Pointe | A2 | 1BR,1BA | $1.57 |
| Conwood Flats Apartment Homes | A12 | 1BR,1BA | $2.01 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.73 |
| Belle Harbour Apartments | A1 | 1BR,1BA | $1.87 |
| Harbor Side at Conwood Flats Apartments | S1 | 1BR,1BA | $2.16 |
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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.
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Pet Friendly LifestyleGreenbelt Park Lagoon, Memphis, TN
Ranked #57
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Greenbelt Park Lagoon
What type of rentals are currently available in Greenbelt Park Lagoon?
There are currently 47 Apartments for Rent in Greenbelt Park Lagoon, TN with pricing that ranges from $550 to $3,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenbelt Park Lagoon ranging from $950 to $3,490.
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 $950 to $3,490 with an average monthly rent of $1,796.
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
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.