Cheap Homes for Rent in Greenbelt Park Lagoon Neighborhood of Memphis, TN from $900 (7 Rentals)

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

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.

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.

Greenbelt Park Lagoon, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Kendall2BR/1.0BA2BR,1BA$813
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850

Best Value Apartments for Rent in Greenbelt Park Lagoon, TN

As of May 31, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Estates at River PointeB32BR,2BA$1.59
Island Park/Harbor Town SquareB4 (2x2 Harbor Town)2BR,2BA$1.38
Orleans Station2BR - FP #12BR,2BA$1.73
Court Square Apartments1 BR1BR,1BA$1.30
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Riverset ApartmentsA2S - Maple w/Sunroom1BR,1BA$1.58
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
The Kendall2BR/1.0BA2BR,1BA$1.22
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22

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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 53 Apartments for Rent in Greenbelt Park Lagoon, TN with pricing that ranges from $760 to $3,368. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenbelt Park Lagoon ranging from $999 to $3,240.

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 $999 to $3,240 with an average monthly rent of $1,646.

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.

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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.

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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.

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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.

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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.