Cheap Apartments for Rent in the Hollywood Neighborhood of Memphis, TN from $530 (26 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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Showing Results 1-26, 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. The Drew has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Hollywood apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$659
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Watkins Manor1 Bed, 1 bath1BR,1BA$850
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$850
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$900
Parkway Place Apartments1 Bed, 1 bath1BR,1BA$910
Kings Reserve MemphisTutwiller2BR,1BA$930
At The Park ApartmentsSugar Maple1BR,1BA$1,419
Parcels at ConcourseCrafton 2Studio,1BA$1,550

Best Value Apartments for Rent in Hollywood, TN

As of August 27, 2026 the best value apartment in the Hollywood area is the $1.27 price per square foot Overton Model at Kings Reserve Memphis in the in the Midtown Memphis neighborhood starting from $1,175. The second greatest value Hollywood apartment is the Sugar Maple Model at At The Park Apartments starting at $1,419 with a $1.95 price per square foot in the East Memphis 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.
Kings Reserve MemphisOverton2BR,1BA$1.27
At The Park ApartmentsSugar Maple1BR,1BA$1.95
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
University Gardens ManorGold unit 11BR,1BA$1.23
Parkway Place Apartments1 Bed, 1 bath1BR,1BA$1.40
Parcels at ConcourseCrafton 2Studio ,1BA$2.46
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$1.50
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.48
Watkins Manor1 Bed, 1 bath1BR,1BA$1.49

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 $850.

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 104 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 $695 which is $155 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.

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