close
View Me
$709 - $9202 Bedroom Apartments Available Now
University Gardens Manor
2059 N Cabana CirMemphis, TN 38107
Cheap Apartments for Rent in the Hyde Park Neighborhood of Memphis, TN from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Memphis.
close
View Me
Rent Specials
$850 - $1,095Studio to 2 Bedroom Apartments Available Now
Parkway Place Apartments
2342-2352 Parkway PlMemphis, TN 38112
close
View Me
Rent Specials
$890 - $9901 to 2 Bedroom Apartments Available Now
Love Midtown Apartments
1188 Tunica StMemphis, TN 38108
close
View Me
$725 - $1,1001 to 4 Bedroom Apartments Available Now
Springdale Creek Apartments
831 Springdale Run DrMemphis, TN 38108
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
Showing Results 1-14, Page 1 of 1
Hyde Park, Memphis, TN Local Guide
History by Brian Stansberry is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park Studio Apartments | $872 | $850 | $895 |
| Hyde Park 1 Bedroom Apartments | $872 | $725 | $950 |
| Hyde Park 2 Bedroom Apartments | $910 | $709 | $1,095 |
| Hyde Park 3 Bedroom Apartments | $957 | $940 | $975 |
| Hyde Park 4 Bedroom Apartments | $2,800 | $1,100 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Hyde Park Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Hyde Park, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Hyde Park Apartments for Rent
The cheapest available apartment rental in the Hyde Park area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $709. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Hyde Park apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $709 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $890 |
| Parkway Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $950 |
Best Value Apartments for Rent in Hyde Park, TN
As of September 14, 2025 the best value apartment in the Hyde Park area is the $1.19 price per square foot Gold Unit Model at University Gardens Manor in the in the East Memphis neighborhood starting from $920. The second greatest value Hyde Park apartment is the 1 Bedroom Model at Springdale Creek Apartments starting at $725 with a $1.04 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
| Parkway Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| 1742 N Parkway, Unit Rear | 1742 N Parkway | Studio ,1BA | $2.31 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Hyde Park area?
If you’re an expert on all things Hyde Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleHyde Park, Memphis, TN
Ranked #82
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Hyde Park Neighborhood in Memphis, TN
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hyde Park Apartments
What is the price of a cheap apartment in Hyde Park?
The cheapest apartment in Hyde Park is Springdale Creek Apartments which is listed at $725, while the average apartment in Hyde Park costs $2,800.
What types of apartments are the cheapest in Hyde Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Hyde Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
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.
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.
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.