Cheap Apartments for Rent in the Hollywood Neighborhood of Memphis, TN from $500 (19 Rentals)

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

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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108

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Showing Results 1-19, Page 1 of 1

Cheapest Available Hollywood Apartments for Rent

 

The cheapest available apartment rental in the Hollywood area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $659. Overton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Hollywood apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
Overton PlaceStudio1BR,1BA$725
Rangepark Apartments2x22BR,2BA$750
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Parkway Place ApartmentsStudioStudio,1BA$850

Best Value Apartments for Rent in Hollywood, TN

As of May 28, 2026 the best value apartment in the Hollywood area is the $1.58 price per square foot 1/1 Model at The Brinkley in the in the Midtown Memphis neighborhood starting from $1,425. The second greatest value Hollywood apartment is the 2x2 Model at Rangepark Apartments starting at $750 with a $0.88 price per square foot in the Frayser neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Brinkley1/11BR,1BA$1.58
Rangepark Apartments2x22BR,2BA$0.88
University Gardens ManorGold Unit2BR,1BA$1.19
1534 N Parkway, Unit 11534 N Parkway1BR,1BA$1.87
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$1.83
Parkway Place ApartmentsStudioStudio ,1BA$1.42
Kings Reserve MemphisBelvedere1BR,1BA$1.58
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.48
Overton PlaceStudioStudio ,1BA$1.42

Frequently Asked Questions about Cheap Hollywood Apartments

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is University Gardens Manor which is listed at $659, while the average apartment in Hollywood costs $1,150.

What types of apartments are the cheapest in Hollywood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 83 regular apartments in Hollywood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hollywood?

Cheap apartments in Hollywood have an average cost of $750 which is $400 cheaper than the average rent for all rentals in Hollywood.

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

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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.