2253 Marble Ave
MemphisTN38108
Cheap Homes for Rent in Hyde Park Neighborhood of Memphis, TN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Hyde Park area of Memphis.
845 University St
MemphisTN38107
2255 Marble Ave
MemphisTN38108
2483 Vandale Ave
MemphisTN38108
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.
2507 Staten Ave
MemphisTN38108
1463 Boxwood St
MemphisTN38108
2367 Hunter Ave
MemphisTN38108
2399 Golden Ave
MemphisTN38108
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.
1785 Marble Ave
MemphisTN38108
Showing Results 1-9, 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 a home in Hyde Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hyde Park 2 Bedroom Homes for Rent | $1,071 | $695 | $1,350 |
| Hyde Park 3 Bedroom Homes for Rent | $1,494 | $850 | $3,000 |
| Hyde Park 4 Bedroom Homes for Rent | $1,638 | $1,395 | $2,200 |
| Hyde Park 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
| Hyde Park 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 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 25, 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 Hyde Park
What type of rentals are currently available in Hyde Park?
There are currently 37 Apartments for Rent in Hyde Park, TN with pricing that ranges from $659 to $1,195. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hyde Park ranging from $595 to $3,400.
What is the current price range for Rental Homes in Hyde Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hyde Park ranges from $595 to $3,400 with an average monthly rent of $1,887.
How much are larger Three and Four Bedroom Rentals in Hyde Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hyde Park range from $940 to $975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,095.
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.