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Cheap Homes for Rent in Hollywood Neighborhood of Memphis, TN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Hollywood area of Memphis.
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1475 Pope St
MemphisTN38108
1290 N McNeil St
MemphisTN38108
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1591 Boxwood St
MemphisTN38108
2156 Stovall Ave
MemphisTN38108
1348 Austin St
MemphisTN38108
2227 Lyon Ave
MemphisTN38107
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Hollywood, Memphis, TN Local Guide
How much does it cost to rent a home in Hollywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hollywood 2 Bedroom Homes for Rent | $991 | $800 | $1,350 |
| Hollywood 3 Bedroom Homes for Rent | $1,198 | $800 | $1,450 |
| Hollywood 4 Bedroom Homes for Rent | $1,447 | $1,095 | $1,750 |
| Hollywood 5 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Memphis, TN.
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Hollywood, Memphis, TN Local Guide
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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. Renaissance at Steele has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here are the most affordable Hollywood apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $699 |
Best Value Apartments for Rent in Hollywood, TN
As of November 03, 2025 the best value apartment in the Hollywood area is the $1.05 price per square foot 2 Bedroom Flat Model at Scenic Hills Apartments in the in the Raleigh neighborhood starting from $899. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Scenic Hills Apartments | 2 Bedroom Flat | 2BR,1BA | $1.05 |
| Rangepark Apartments | 2x2 | 2BR,2BA | $0.88 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1.5BA | $1.25 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.00 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Parkway Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| University Gardens Manor | 1x1 Classic | 1BR,1BA | $1.07 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
| Overton Place | Studio | Studio ,1BA | $1.42 |
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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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Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleHollywood, Memphis, TN
Ranked #59
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Hollywood
What type of rentals are currently available in Hollywood?
There are currently 59 Apartments for Rent in Hollywood, TN with pricing that ranges from $595 to $2,577. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $800 to $1,750.
What is the current price range for Rental Homes in Hollywood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hollywood ranges from $800 to $1,750 with an average monthly rent of $1,159.
How much are larger Three and Four Bedroom Rentals in Hollywood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hollywood range from $850 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $1,100.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.