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$659 - $9201 to 2 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 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Memphis.
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Rent Specials
$850 - $1,095Studio to 2 Bedroom Apartments Available Now
Parkway Place Apartments
2342-2352 Parkway PlMemphis, TN 38112
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Rent Specials
$890 - $9901 to 2 Bedroom Apartments Available Now
Love Midtown Apartments
1188 Tunica StMemphis, TN 38108
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$725 - $1,1001 to 4 Bedroom Apartments Available Now
Springdale Creek Apartments
831 Springdale Run DrMemphis, TN 38108
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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.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Showing Results 1-13, 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 | $850 | $850 | $850 |
| Hyde Park 1 Bedroom Apartments | $812 | $659 | $950 |
| Hyde Park 2 Bedroom Apartments | $912 | $709 | $1,095 |
| Hyde Park 3 Bedroom Apartments | $1,188 | $940 | $1,650 |
| Hyde Park 4 Bedroom Apartments | $1,100 | $1,100 | $1,100 |
Browse Apartments in this Neighborhood
There are currently 13 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
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Cheapest Available Hyde Park Apartments for Rent
The cheapest available apartment rental in the Hyde Park area of Memphis, TN is a 1 Bed unit found at University Gardens Manor priced from $659. 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 | 1x1 Classic | 1BR,1BA | $659 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $890 |
| Parkway Place Apartments | Two Bedroom | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Hyde Park, TN
As of July 28, 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 | Two Bedroom | 2BR,1BA | $1.56 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
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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 University Gardens Manor which is listed at $659, while the average apartment in Hyde Park costs $1,100.
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 12 regular apartments in Hyde Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Hyde Park?
Cheap apartments in Hyde Park have an average cost of $761 which is $339 cheaper than the average rent for all rentals in Hyde Park.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.