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from $6601 to 3 Bedroom Apartments Available Now
Renaissance at Steele
1441 Renaissance DrMemphis, TN 38127
Cheap Apartments for Rent in the Hollywood Neighborhood of Memphis, TN from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hollywood area of Memphis.
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from $7092 Bedroom Apartments Available Now
University Gardens Manor
2059 N Cabana CirMemphis, TN 38107
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from $7251 to 4 Bedroom Apartments Available Now
Springdale Creek Apartments
831 Springdale Run DrMemphis, TN 38108
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from $725Studio to 2 Bedroom Apartments Available Now
Overton Place
1214 Overton Park AveMemphis, TN 38104
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $7502 Bedroom Apartments Available Now
Rangepark Apartments
3401 Range Line RdMemphis, TN 38127
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from $7991 to 2 Bedroom Apartments Available Now
Scenic Hills Apartments
3108 New Allen RdMemphis, TN 38128
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from $850Studio to 2 Bedroom Apartments Available Now
Parkway Place Apartments
2342-2352 Parkway PlMemphis, TN 38112
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from $8901 to 2 Bedroom Apartments Available Now
Love Midtown Apartments
1188 Tunica StMemphis, TN 38108
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The Art of the Rental Viewing: What to look for during a property tour
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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1608 Oakwood St
MemphisTN38108
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2198 Lyon Ave
MemphisTN38108
1475 Pope St
MemphisTN38108
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
2204 Clarksdale Ave
MemphisTN38108
Showing Results 1-21, Page 1 of 1
Hollywood, Memphis, TN Local Guide
How much does it cost to rent an apartment in Hollywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hollywood Studio Apartments | $1,168 | $725 | $2,549 |
| Hollywood 1 Bedroom Apartments | $1,412 | $660 | $3,235 |
| Hollywood 2 Bedroom Apartments | $1,875 | $709 | $3,049 |
| Hollywood 3 Bedroom Apartments | $1,769 | $880 | $4,500 |
| Hollywood 4 Bedroom Apartments | $1,750 | $1,100 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Hollywood, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Renaissance at Steele priced from $660. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $709. Here are the most affordable Hollywood apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $709 |
| Overton Place | Studio | Studio,1BA | $725 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Rangepark Apartments | 2x2 | 2BR,2BA | $750 |
Best Value Apartments for Rent in Hollywood, TN
As of July 12, 2025 the best value apartment in the Hollywood area is the $1.26 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,400. The second greatest value Hollywood apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1352 Faxon Ave | 1352 Faxon Ave | 4BR,2.5BA | $1.26 |
| 1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
| Rangepark Apartments | 2x2 | 2BR,2BA | $0.88 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1.5BA | $1.25 |
| Scenic Hills Apartments | 1 Bedroom | 1BR,1BA | $1.03 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
| Overton Place | Studio | Studio ,1BA | $1.42 |
Quick Rent Budget Calculator
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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 LifestyleHollywood, Memphis, TN
Ranked #72
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Hollywood Neighborhood in Memphis, TN
Walk Score®
35 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $999.
What is the price of a cheap apartment in Hollywood?
The cheapest apartment in Hollywood is Renaissance at Steele which is listed at $660, while the average apartment in Hollywood costs $2,083.
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 59 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 $763 which is $1,320 cheaper than the average rent for all rentals in Hollywood.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.