Cheap Apartments for Rent in the Hickory Hill Neighborhood of Memphis, TN from $400 (58 Rentals)

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

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.

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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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Cedar Run
1 to 3 Bedroom Apartments

Cedar Run

5958 E Point DrMemphis, TN 38115
  • Utilities Included

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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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.

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

Apartment ListingModel NameBed/BathPriced From
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$699
Emerald Park1 bedroom 1 bathroom1BR,1BA$699
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$757
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$804
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$836
The District ApartmentsDowntown - 1Bed, 1 Bath1BR,1BA$845
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$850
The Boulevard1 Bedroom/1 Bath Deluxe1BR,1BA$850
The Parkway1x1 Deluxe1BR,1BA$850

Best Value Apartments for Rent in Hickory Hill, TN

As of May 02, 2026 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 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 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 Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$0.98
Cedar Run3x23BR,2BA$1.11
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Hickory ForestTwo Bed Flat Top2BR,1BA$1.07
Ridgewyck Townhomes1 Bedroom1BR,1BA$1.04
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.07
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.15

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 #32

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 $699 at The Trails at Mt. Moriah.

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 $860 at Emerald Pointe.

What is the most affordable Hickory Hill Three Bedroom Apartment?

The best deal on a cheap Hickory Hill Three Bedroom Apartment rental is at Emerald Park and starts from $1,095.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.