
Cheap Homes for Rent in Greenbelt Park Lagoon Neighborhood of Memphis, TN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenbelt Park Lagoon area of Memphis.


1362 Island Pl E
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1033 N 3rd St

204 Greenlaw Ave
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.

269 Looney Ave
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 | $1,876 | $795 | $2,400 |
Greenbelt Park Lagoon 3 Bedroom Homes for Rent | $2,527 | $1,375 | $4,000 |
Greenbelt Park Lagoon 4 Bedroom Homes for Rent | $1,470 | $1,295 | $1,645 |
Greenbelt Park Lagoon 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $799. 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 | $799 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
Best Value Apartments for Rent in Greenbelt Park Lagoon, TN
As of July 28, 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 A4 Model at Belle Harbour Apartments starting at $1,597 with a $1.71 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 |
Belle Harbour Apartments | A4 | 1BR,1BA | $1.71 |
Island Park/Harbor Town Square | A1H (1x1 Harbor Town) | 1BR,1BA | $2.06 |
Grand Island Apartments | Waterstone | 1BR,1BA | $2.00 |
The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
Conwood Flats | A9 | 1BR,1BA | $1.93 |
Riverset Apartments | A3 - Magnolia | 1BR,1BA | $1.80 |
The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Harbor Side at Conwood Flats | S1 | 1BR,1BA | $2.16 |
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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 47 Apartments for Rent in Greenbelt Park Lagoon, TN with pricing that ranges from $615 to $2,842. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenbelt Park Lagoon ranging from $795 to $4,000.
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 $795 to $4,000 with an average monthly rent of $2,164.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.