Cheap Apartments for Rent in the Hollywood Neighborhood of Memphis, TN from $300 (18 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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Cheapest Available Hollywood Apartments for Rent

 

The cheapest available apartment rental in the Hollywood area of Memphis, TN is a 1 Bed unit found at Watkins Manor priced from $350. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $659. Here are the most affordable Hollywood apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Watkins Manor1 Bed, 1 bath1BR,1BA$350
University Gardens Manor2x1 Classic2BR,1BA$659
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Overton Place2 Bedroom Gardens I2BR,1BA$825
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$850

Best Value Apartments for Rent in Hollywood, TN

As of July 13, 2026 the best value apartment in the Hollywood area is the $0.86 price per square foot 431 N Evergreen St Model at 431 N Evergreen St, Unit 431 N. Evergreen St. in the in the East Memphis neighborhood starting from $1,800. The second greatest value Hollywood apartment is the 2 Bedroom Gardens I Model at Overton Place starting at $825 with a $0.92 price per square foot in the Medical District 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.
431 N Evergreen St, Unit 431 N. Evergreen St.431 N Evergreen St3BR,2BA$0.86
Overton Place2 Bedroom Gardens I2BR,1BA$0.92
Brinkley1/11BR,1BA$1.58
Kings Reserve MemphisTutwiller2BR,1BA$1.39
University Gardens ManorGold Unit2BR,1BA$1.19
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$1.67
Parkway Place ApartmentsStudioStudio ,1BA$1.42
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.48
Watkins Manor1 Bed, 1 bath1BR,1BA$0.61

Frequently Asked Questions about Cheap Hollywood Apartments

What is a cheap apartment in Hollywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $1,425.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is Watkins Manor which is listed at $350, while the average apartment in Hollywood costs $1,325.

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 102 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 $798 which is $527 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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