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$7251 Bedroom Apartments Available Now
302 Mill Ave, Unit 102
302 Mill AveMemphis, TN 38105
Cheap Homes for Rent in Greenbelt Park Lagoon Neighborhood of Memphis, TN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenbelt Park Lagoon area of Memphis.
703 N 3rd St
MemphisTN38107
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.
632 N 3rd St
MemphisTN38107
158 Keel Ave
MemphisTN38107
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.
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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 | $2,095 | $2,095 | $2,095 |
| Greenbelt Park Lagoon 3 Bedroom Homes for Rent | $2,516 | $1,700 | $3,200 |
| Greenbelt Park Lagoon 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Greenbelt Park Lagoon, TN
As of June 01, 2026 the best value apartment in the Greenbelt Park Lagoon area is the $1.65 price per square foot Enclave Model at Grand Island Apartments in the in the Downtown Memphis neighborhood starting from $2,280. The second greatest value Greenbelt Park Lagoon apartment is the 2-C Model at Uptown Flats starting at $1,163 with a $0.97 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. |
|---|---|---|---|
| Grand Island Apartments | Enclave | 3BR,2BA | $1.65 |
| Uptown Flats | 2-C | 2BR,2BA | $0.97 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Arbors Harbor Town | Cedar - Renovated | 1BR,1BA | $1.99 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| Riverset Apartments | A1 - Elm | 1BR,1BA | $1.91 |
| Harbor Side at Conwood Flats Apartments | S1 | 1BR,1BA | $2.16 |
| 592 N 3rd St, Unit 592 N. Third ST | 592 N 3rd St | 1BR,1BA | $1.33 |
| Conwood Flats Apartment Homes | S10 Studio | 1BR,1BA | $2.26 |
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!
Read Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 LifestyleGreenbelt Park Lagoon, Memphis, TN
Ranked #60
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 45 Apartments for Rent in Greenbelt Park Lagoon, TN with pricing that ranges from $600 to $3,300. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenbelt Park Lagoon ranging from $975 to $3,200.
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 $3,200 with an average monthly rent of $1,859.
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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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.