Cheap Homes for Rent in Kilowatt Lake Neighborhood of Memphis, TN from $400 (29 Rentals)

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

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Showing Results 1-29, Page 1 of 1

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 Springdale Creek Apartments priced from $625. 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
Springdale Creek Apartments1 Bedroom1BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
Kings Reserve MemphisBeale Grande1BR,1BA$825
The Galloway @ EvergreenThe Evergreen2BR,1BA$999
Parcels at ConcourseKismet 91BR,1BA$1,806

Best Value Apartments for Rent in Kilowatt Lake, TN

As of January 23, 2026 the best value apartment in the Kilowatt Lake area is the $1.88 price per square foot Americus 2 Model at Parcels at Concourse in the in the Medical District neighborhood starting from $1,983. The second greatest value Kilowatt Lake apartment is the The Evergreen Model at The Galloway @ Evergreen starting at $999 with a $1.25 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 22BR,2BA$1.88
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$0.89
Kings Reserve MemphisBeale Grande1BR,1BA$1.89
1742 N Parkway, Unit Rear1742 N ParkwayStudio ,1BA$1.94

Frequently Asked Questions about Kilowatt Lake

What type of rentals are currently available in Kilowatt Lake?

There are currently 100 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $510 to $5,540. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $495 to $3,500.

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 $3,500 with an average monthly rent of $1,659.

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 $800 to $1,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $900.

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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.