Cheap Homes for Rent in Hollywood Neighborhood of Memphis, TN from $600 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Hollywood area of Memphis.

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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 ListingModel NameBed/BathPriced From
Springdale Creek Apartments1 Bedroom1BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
Rangepark Apartments2x22BR,2BA$750

Best Value Apartments for Rent in Hollywood, TN

As of April 13, 2026 the best value apartment in the Hollywood area is the $1.75 price per square foot B1-A Model at Link Apartments® Broad Ave in the in the East Memphis neighborhood starting from $1,665. The second greatest value Hollywood apartment is the 1/1 Model at The Brinkley starting at $1,425 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Link Apartments® Broad AveB1-A2BR,2BA$1.75
The Brinkley1/11BR,1BA$1.58
Rangepark Apartments2x22BR,2BA$0.88
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.37
University Gardens ManorGold Unit2BR,1BA$1.19
Parkway Place ApartmentsTwo Bedroom2BR,1BA$1.42
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Springdale Creek Apartments1 Bedroom1BR,1BA$0.89
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.57
Kings Reserve MemphisBeale Corner Grande1BR,1BA$1.94

Frequently Asked Questions about Hollywood

What type of rentals are currently available in Hollywood?

There are currently 64 Apartments for Rent in Hollywood, TN with pricing that ranges from $625 to $2,086. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $675 to $1,600.

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 $675 to $1,600 with an average monthly rent of $1,207.

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 $850 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,200 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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.