
Cheap Homes for Rent in the Hollywood Neighborhood of Memphis, TN from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Hollywood area of Memphis.


1445 Britton St

1463 Boxwood St
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1531 Standridge St

1537 Standridge St

2198 Lyon Ave
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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 | $798 | $495 | $1,350 |
| Hollywood 3 Bedroom Homes for Rent | $1,176 | $850 | $1,595 |
| Hollywood 4 Bedroom Homes for Rent | $1,395 | $1,395 | $1,395 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Memphis, TN.
Explore Memphis
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Overton Place | 1 Bedroom Victorian | 1BR,1BA | $725 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Hollywood, TN
As of August 05, 2026 the best value apartment in the Hollywood area is the $2.14 price per square foot Americus 1 Model at Parcels at Concourse in the in the Medical District neighborhood starting from $2,076. The second greatest value Hollywood apartment is the Overton Model at Kings Reserve Memphis starting at $1,175 with a $1.27 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. |
|---|---|---|---|
| Parcels at Concourse | Americus 1 | 2BR,2BA | $2.14 |
| Kings Reserve Memphis | Overton | 2BR,1BA | $1.27 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Overton Place | 1 Bedroom Victorian (Renovated) | 1BR,1BA | $1.25 |
| University Gardens Manor | Gold unit 1 | 1BR,1BA | $1.23 |
| Parkway Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| The Galloway @ Evergreen | 2 Beds, 1 bath | 2BR,1BA | $1.50 |
| At The Park Apartments | Dogwood | 1BR,1BA | $2.31 |
| 1716 DuPont Ave | 2 Bed 1 Bed | 2BR,1BA | $1.48 |
| Watkins Manor | 1 Bed, 1 bath | 1BR,1BA | $1.49 |
Frequently Asked Questions about Hollywood
What type of rentals are currently available in Hollywood?
There are currently 66 Apartments for Rent in Hollywood, TN with pricing that ranges from $645 to $2,490. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $495 to $1,595.
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 $495 to $1,595 with an average monthly rent of $1,035.
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 $880 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,595. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,095.
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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