Cheap Homes for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $400 (39 Rentals)

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

property at 820 Maury St

$695

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107

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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

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property at 528 E Pkwy N

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 2 Bath Home for Rent

Available Now

528 E Pkwy N, Unit 9

528 E Pkwy N
MemphisTN38112

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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Showing Results 1-39, Page 1 of 1

Kilowatt Lake, Memphis, TN Local Guide

Cheapest Available Kilowatt Lake Apartments for Rent

 

The cheapest available apartment rental in the Kilowatt Lake area of Memphis, TN is a 1 Bed unit found at 1111 N Parkway priced from $600. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $659. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
1111 N Parkway1 Beds, 1 Baths1BR,1BA$600
University Gardens Manor2x1 Classic2BR,1BA$659
Watkins Manor1 Bed, 1 bath1BR,1BA$850
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$850
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$900
Kings Reserve MemphisTutwiller2BR,1BA$930
Parcels at ConcourseKismet 11BR,1BA$1,627

Best Value Apartments for Rent in Kilowatt Lake, TN

As of August 08, 2026 the best value apartment in the Kilowatt Lake area is the $2.10 price per square foot Americus 1 Model at Parcels at Concourse in the in the Medical District neighborhood starting from $2,032. The second greatest value Kilowatt Lake apartment is the Overton Model at Kings Reserve Memphis starting at $1,175 with a $1.27 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parcels at ConcourseAmericus 12BR,2BA$2.10
Kings Reserve MemphisOverton2BR,1BA$1.27
1111 N Parkway1 Beds, 1 Baths1BR,1BA$0.75
Overton Place1 Bedroom Victorian (Renovated)1BR,1BA$1.25
University Gardens ManorGold unit 11BR,1BA$1.23
The Galloway @ Evergreen2 Beds, 1 bath2BR,1BA$1.50
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.48
Watkins Manor1 Bed, 1 bath1BR,1BA$1.49

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Kilowatt Lake, Memphis, TN

Ranked #93

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Kilowatt Lake

What type of rentals are currently available in Kilowatt Lake?

There are currently 106 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $645 to $2,490. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $495 to $3,400.

What is the current price range for Rental Homes in Kilowatt Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kilowatt Lake ranges from $495 to $3,400 with an average monthly rent of $1,285.

How much are larger Three and Four Bedroom Rentals in Kilowatt Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kilowatt Lake range from $940 to $1,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $995 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.

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