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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
$850Studio Apartments Contact Us For Availability
Parkway Place Apartments
2342-2352 Parkway PlMemphis, TN 38112
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$725 - $1,0951 to 4 Bedroom Apartments Contact Us For Availability
Springdale Creek Apartments
831 Springdale Run DrMemphis, TN 38108
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2 Bedroom Apartments
2086 Hubert Ave
2086 Hubert AveMemphis, TN 38108
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2 Bedroom Apartments
1178 N Evergreen St
1178 N Evergreen StMemphis, TN 38108
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2 Bedroom Apartments
Tutwiler Court
2629-2643 TutwilerMemphis, TN 38112
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.
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1 Bedroom Apartments
The Altana
569 N McLean BlvdMemphis, TN 38112
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2 Bedroom Apartments
910 N Hollywood St
910 N Hollywood StMemphis, TN 38108
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1 to 2 Bedroom Apartments
Love Midtown Apartments
1188 Tunica StMemphis, TN 38108
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1 to 2 Bedroom Apartments
2238 Howell Ave
2238 Howell AveMemphis, TN 38108
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1 Bedroom Apartments
Cypress Gardens Apartments
1215 Springdale StMemphis, TN 38108
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1 to 3 Bedroom Apartments
Cypress Court
2116-2126 Howell AveMemphis, 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.
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1 Bedroom Apartments
528 E Parkway N
528 E Parkway NMemphis, TN 38112
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 | $728 | $659 | $950 |
| Hyde Park 2 Bedroom Apartments | $740 | $659 | $1,195 |
| Hyde Park 3 Bedroom Apartments | $957 | $940 | $975 |
| Hyde Park 4 Bedroom Apartments | $1,095 | $1,095 | $1,095 |
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.
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Cheapest Available Hyde Park Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Parkway Place Apartments | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Hyde Park, TN
As of April 28, 2026 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 Studio Model at Parkway Place Apartments starting at $850 with a $1.42 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 |
| Parkway Place Apartments | Studio | Studio ,1BA | $1.42 |
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 $1,095.
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 55 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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.