1565 Harrison St
MemphisTN38108
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.
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$6991 Bedroom Apartments Available Now
1735 Delano Ave, Unit Appletree South - 1 Bedroom
1735 Delano AveMemphis, TN 38127
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1353 Fairfax St
MemphisTN38108
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$7992 Bedroom Apartments Available Now
1735 Delano Ave, Unit Appletree South - 2 Bedroom
1735 Delano AveMemphis, TN 38127
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.
2399 Golden Ave
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 | $1,350 | $1,350 | $1,350 |
| Hollywood 3 Bedroom Homes for Rent | $1,315 | $850 | $1,600 |
| Hollywood 4 Bedroom Homes for Rent | $1,321 | $1,200 | $1,395 |
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 |
| Rangepark Apartments | 2x2 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Link Apartments® Broad Ave | B1-A | 2BR,2BA | $1.75 |
| The Brinkley | 1/1 | 1BR,1BA | $1.58 |
| 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 |
| Parkway Place Apartments | Two Bedroom | 2BR,1BA | $1.42 |
| The Drew | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.14 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $0.89 |
| 1716 DuPont Ave | 2 Bed 1 Bed | 2BR,1BA | $1.57 |
| Kings Reserve Memphis | Beale Corner Grande | 1BR,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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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.
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.