Cheap Homes for Rent in Hyde Park Neighborhood of Memphis, TN from $900 (17 Rentals)

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

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Hyde Park, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$890
Parkway Place ApartmentsTwo Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Parkway Place ApartmentsTwo Bedroom2BR,1BA$1.56
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37

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Frequently Asked Questions about Hyde Park

What type of rentals are currently available in Hyde Park?

There are currently 33 Apartments for Rent in Hyde Park, TN with pricing that ranges from $659 to $1,650. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hyde Park ranging from $925 to $3,200.

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 $925 to $3,200 with an average monthly rent of $1,819.

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 $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,795. Four Bedroom Single-Family rentals are also available starting from $950 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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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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.