Cheap Homes for Rent in Hollywood Neighborhood of Memphis, TN from $500 (2 Rentals)

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

Hollywood, Memphis, TN Local Guide

Best Value Apartments for Rent in Hollywood, TN

As of September 12, 2025 the best value apartment in the Hollywood area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value Hollywood apartment is the 1143 National St Model at 1143 National St starting at $1,300 with a $1.08 price per square foot in the East 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.
1468 Snowden AveSpacious2BR,1.5BA$0.89
1143 National St1143 National St3BR,2BA$1.08
Scenic Hills Apartments2 Bedroom Flat2BR,1BA$1.05
Rangepark Apartments2x22BR,2BA$0.88
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37
Renaissance at Steele1 bedroom1BR,1.5BA$1.27

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Pet Friendly Lifestyle
Hollywood, Memphis, TN

Ranked #55

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Hollywood

What type of rentals are currently available in Hollywood?

There are currently 62 Apartments for Rent in Hollywood, TN with pricing that ranges from $660 to $4,500. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $595 to $1,550.

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 $595 to $1,550 with an average monthly rent of $1,014.

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 $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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.