Cheap Homes for Rent in JFK Park South Jackson Neighborhood of Memphis, TN from $500 (73 Rentals)

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

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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.

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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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.

JFK Park South Jackson, Memphis, TN Local Guide

Cheapest Available JFK Park South Jackson Apartments for Rent

 

The cheapest available apartment rental in the JFK Park South Jackson area of Memphis, TN is a 1 Bed unit found at 4015 Summer Ave priced from $550. 1645 Wells Station Rd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable JFK Park South Jackson apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
4015 Summer AveOne1BR,1BA$550
1645 Wells Station Rd2 Beds, 1 bath2BR,1BA$650
Elite Living ResidenceStudioStudio,1BA$650
Oak Grove Flats2BR2BR,1BA$667
Springdale Creek Apartments1 Bedroom1BR,1BA$699
Grahamwood Place-New1 bedroom 1 bathroom1BR,1BA$699
Jamesbridge1 Bed / 1 Bath - Comfort Option1BR,1BA$740
Summer Oaks Apartments4030 Summer2BR,1BA$750
Tillman Cove1-A TYPE B 70%1BR,1BA$750
Courtyard @ Waring Park2x1 (700)2BR,1BA$775

Best Value Apartments for Rent in JFK Park South Jackson, TN

As of October 31, 2025 the best value apartment in the JFK Park South Jackson area is the $0.70 price per square foot 3 Bed / 2 Bath - Family Option Model at Lakes at Epping Way in the in the Raleigh neighborhood starting from $975. The second greatest value JFK Park South Jackson apartment is the 3 Bed 2 Bath Model at The Meridian Apartments starting at $1,150 with a $0.96 price per square foot in the Raleigh neighborhood. Here is today’s list of the best values for JFK Park South Jackson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakes at Epping Way3 Bed / 2 Bath - Family Option3BR,2BA$0.70
The Meridian Apartments3 Bed 2 Bath3BR,2BA$0.96
Hollywood Square2BD/1BA Upstairs2BR,1BA$1.00
Cedarwood Apartments2 Bed 1.5 Bath2BR,1.5BA$0.89
Summer Oaks Apartments4030 Summer2BR,1BA$0.81
Beverly Springs2 Bedroom, 1 Bathroom2BR,1BA$0.92
Oak Grove Flats2BR2BR,1BA$0.78
Grahamwood Place-New1 bedroom 1 bathroom1BR,1BA$0.93
Springdale Creek Apartments1 Bedroom1BR,1BA$1.00
4015 Summer AveOne1BR,1BA$0.88

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Jfk Park South Jackson, Memphis, TN

Ranked #38

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about JFK Park South Jackson

What type of rentals are currently available in JFK Park South Jackson?

There are currently 141 Apartments for Rent in JFK Park South Jackson, TN with pricing that ranges from $550 to $2,200. There are also 188 Single Family Homes for rent, Condos, and Townhome rentals currently available in JFK Park South Jackson ranging from $525 to $5,340.

What is the current price range for Rental Homes in JFK Park South Jackson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in JFK Park South Jackson ranges from $525 to $5,340 with an average monthly rent of $1,756.

How much are larger Three and Four Bedroom Rentals in JFK Park South Jackson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in JFK Park South Jackson range from $850 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,500. Four Bedroom Single-Family rentals are also available starting from $750 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.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.