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1082 Palmetto Ave
1082 Palmetto AveMemphis, TN 38107
Cheap Homes for Rent in Hollywood Neighborhood of Memphis, TN from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Hollywood area of Memphis.
2984 Shannon Ave
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.
1475 Pope St
MemphisTN38108
1567 Harrison St
MemphisTN38108
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.
1531 Pope St
MemphisTN38108
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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 | $946 | $695 | $1,350 |
| Hollywood 3 Bedroom Homes for Rent | $1,167 | $825 | $1,450 |
| Hollywood 4 Bedroom Homes for Rent | $1,312 | $1,095 | $1,400 |
| Hollywood 5 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Memphis, TN.
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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 Springdale Creek Apartments priced from $625. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $625 |
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Renaissance at Steele | 1 bedroom | 1BR,1BA | $660 |
Best Value Apartments for Rent in Hollywood, TN
As of February 24, 2026 the best value apartment in the Hollywood area is the $1.64 price per square foot The Brinkley Model at Brinkleys Apartments in the in the Midtown Memphis neighborhood starting from $1,475. 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. |
|---|---|---|---|
| Brinkleys Apartments | The Brinkley | 1BR,1BA | $1.64 |
| Rangepark Apartments | 2x2 | 2BR,2BA | $0.88 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1.5BA | $1.37 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $0.89 |
| Overton Place | 1 Bedroom Gardens II | 1BR,1BA | $1.23 |
| Parkway Place Apartments | Studio | Studio ,1BA | $1.42 |
| 1716 DuPont Ave | 2 Bed 1 Bed | 2BR,1BA | $1.57 |
| Renaissance at Steele | 1 bedroom | 1BR,1.5BA | $1.27 |
Frequently Asked Questions about Hollywood
What type of rentals are currently available in Hollywood?
There are currently 63 Apartments for Rent in Hollywood, TN with pricing that ranges from $500 to $6,692. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $650 to $1,450.
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 $650 to $1,450 with an average monthly rent of $1,072.
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 $800 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $900.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.