Cheap Apartments for Rent in the Hickory Hill Neighborhood of Memphis, TN from $400 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hickory Hill area of Memphis.

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Lakes At Ridgeway
1 to 3 Bedroom Apartments

Lakes At Ridgeway

5995 Waterstone Oak WayMemphis, TN 38115
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Cedar Run Apartments
1 to 3 Bedroom Apartments

Cedar Run Apartments

5958 E Point DrMemphis, TN 38115
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Hickory Hill, Memphis, TN Local Guide

Cheapest Available Hickory Hill Apartments for Rent

 

The cheapest available apartment rental in the Hickory Hill area of Memphis, TN is a 1 Bed unit found at Emerald Park-New priced from $699. The Trails at Mt. Moriah has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Hickory Hill apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emerald Park-New1 bedroom 1 bathroom1BR,1BA$699
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$700
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
Lakes At Ridgeway1/1-6501BR,1BA$750
Stone Ridge at Germantown FallsStudioStudio,1BA$790
The District ApartmentsDowntown - 1Bed, 1 Bath1BR,1BA$825
The Local ApartmentsKirby - 1 Bed, 1 Bath1BR,1BA$832
The Bowery1 Bed 1 Bath Classic1BR,1BA$833
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Hickory Hill, TN

As of December 30, 2025 the best value apartment in the Hickory Hill area is the $0.75 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square-New in the in the Oakhaven neighborhood starting from $1,199. The second greatest value Hickory Hill apartment is the 3 bedroom 2.5 bathroom Model at Emerald Pointe-New starting at $1,099 with a $0.70 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Hickory Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Square-New4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe-New3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Ridgewyck Townhomes2 Bedroom2BR,2BA$0.80
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Emerald Park-New2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.03
The Ellington at Kirby2 Bedroom 2 Bath Up2BR,2BA$1.09
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.07

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
Hickory Hill, Memphis, TN

Ranked #33

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hickory Hill Apartments

How much is rent for a Cheap One Bedroom Hickory Hill Apartment?

The lowest price for a Cheap One Bedroom Hickory Hill Apartment is $665 at The District Apartments.

What is the lowest price for a Cheap Two Bedroom Hickory Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hickory Hill is starting from $802 at The Trails at Mt. Moriah.

What is the most affordable Hickory Hill Three Bedroom Apartment?

The best deal on a cheap Hickory Hill Three Bedroom Apartment rental is at The Boulevard and starts from $1,050.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

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.