Cheap Homes for Rent in Kilowatt Lake Neighborhood of Memphis, TN from $600 (25 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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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 2 Beds unit found at University Gardens Manor priced from $709. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$709
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$890
Kings Reserve MemphisBeale Corner Grande1BR,1BA$975
The Galloway @ EvergreenThe Evergreen2BR,1BA$999

Best Value Apartments for Rent in Kilowatt Lake, TN

As of July 13, 2025 the best value apartment in the Kilowatt Lake area is the $1.26 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,400. The second greatest value Kilowatt Lake apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 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.
1352 Faxon Ave1352 Faxon Ave4BR,2.5BA$1.26
1468 Snowden AveSpacious2BR,1.5BA$0.89
Parcels at ConcourseKismet 71BR,1BA$2.37
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37
Kings Reserve MemphisBeale Corner Grande1BR,1BA$2.36

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Frequently Asked Questions about Kilowatt Lake

What type of rentals are currently available in Kilowatt Lake?

There are currently 94 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $700 to $3,237. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $650 to $2,400.

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 $650 to $2,400 with an average monthly rent of $1,138.

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 $1,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $884 to $1,800. 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.

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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.

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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.

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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.