Cheap Apartments for Rent in the Hickory Hill Neighborhood of Memphis, TN from $400 (27 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

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-New 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 E1BR,1BA$699
Emerald Park-New1 bedroom 1 bathroom1BR,1BA$699
The District ApartmentsCentral - 1 Bed, 1 Bath1BR,1BA$725
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Stone Ridge at Germantown FallsStudioStudio,1BA$790
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$805
The Local ApartmentsRoss - 1 Bed, 1 Bath1BR,1BA$823
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$839
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$850

Best Value Apartments for Rent in Hickory Hill, TN

As of October 28, 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
Plum TreeTwo Bedroom2BR,1.5BA$0.81
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
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.10
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.16

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Pet Friendly Lifestyle
Hickory Hill, Memphis, TN

Ranked #29

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!

Getting Around the Hickory Hill Neighborhood in Memphis, TN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

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 $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 $1,075.

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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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.