
Cheap Homes for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $550 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Kilowatt Lake area of Memphis.


845 University St

3083 Guernsey Ave

2483 Vandale Ave

1540 Standridge St

820 Maury St

525 N Waldran Blvd
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

2198 Lyon Ave

1785 Marble Ave

1533 Standridge St

1537 Standridge St

1766 Brown Ave

754 Breedlove St

1531 Standridge St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1535-1537 Standridge St

2859 Baskin St

1026 Harrison St

1066 Greenlaw Ave

1202 Tutwiler Ave

2312 Norman Ave

2359 Palm Cove
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

1049 Stonewall St

1074 Palmetto Ave

2360 Forest Ave

2292 Redwood Ave

2133 Eldridge Ave

928 N Hollywood St

528 E Pkwy N, Unit 9
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.
Kilowatt Lake, Memphis, TN Local Guide

How much does it cost to rent a home in Kilowatt Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kilowatt Lake 2 Bedroom Homes for Rent | $1,004 | $550 | $1,600 |
| Kilowatt Lake 3 Bedroom Homes for Rent | $1,348 | $750 | $3,000 |
| Kilowatt Lake 4 Bedroom Homes for Rent | $1,529 | $795 | $2,085 |
| Kilowatt Lake 5 Bedroom Homes for Rent | $2,022 | $1,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Kilowatt Lake Neighborhood of Memphis, TN.
Explore Memphis
Kilowatt Lake, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Homes for Rent in Kilowatt Lake, TN
As of September 23, 2026 the best value rental home in the Kilowatt Lake area is the $1.04 price per square foot 2156 Jackson Ave Model at 2156 Jackson Ave in the East Memphis neighborhood starting from $2,490. The second greatest value Kilowatt Lake rental home is the 2244 Cypress Cir Model at 2244 Cypress Cir in the East Memphis neighborhood starting at $2,085 with a $0.90 price per square foot. Here is today’s list of the best values for Kilowatt Lake homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2156 Jackson Ave | 2156 Jackson Ave | 5BR, 4BA | $1.04 |
| 2244 Cypress Cir | 2244 Cypress Cir | 4BR, 2BA | $0.90 |
| 2503 Clearpark Dr | 2503 Clearpark Dr | 4BR, 2BA | $0.70 |
| 1539 N Parkway, Unit B | 1539 N Parkway | 2BR, 2BA | $0.84 |
| 1131 N Watkins St | 1131 N Watkins St | 4BR, 2BA | $0.88 |
| 1621 Locust St | 1621 Locust St | 3BR, 2BA | $1.06 |
| 1540 Tutwiler Ave | 1540 Tutwiler Ave | 2BR, 1BA | $0.96 |
| 1542 Tutwiler Ave | 1542 Tutwiler Ave | 2BR, 1.5BA | $0.96 |
| 2108 Curry Ave | 2108 Curry Ave | 3BR, 2BA | $1.06 |
| 703 Dickinson St | 703 Dickinson St | 1BR, 1BA | $1.41 |
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!
Read ArticleDon'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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleKilowatt Lake, Memphis, TN
Ranked #91
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Kilowatt Lake
What type of rentals are currently available in Kilowatt Lake?
There are currently 105 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $595 to $3,481. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $550 to $3,000.
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 $550 to $3,000 with an average monthly rent of $1,267.
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 $750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $795 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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.