Cheap Homes for Rent in Kilowatt Lake Neighborhood of Memphis, TN from $400 (33 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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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
Kings Reserve MemphisBeale Corner Grande1BR,1BA$800
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$890
The Galloway @ EvergreenThe Evergreen2BR,1BA$999
1468 Snowden AveSpacious2BR,1BA$1,500
Parcels at ConcourseCrafton 3Studio,1BA$1,547

Best Value Apartments for Rent in Kilowatt Lake, TN

As of September 09, 2025 the best value apartment in the Kilowatt Lake area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value Kilowatt Lake apartment is the Kismet 12 Model at Parcels at Concourse starting at $2,183 with a $2.57 price per square foot in the Medical District 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.
1468 Snowden AveSpacious2BR,1.5BA$0.89
Parcels at ConcourseKismet 121BR,1BA$2.57
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$1.94

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Kilowatt Lake, Memphis, TN

Ranked #92

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 93 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $709 to $4,500. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $450 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 $450 to $3,400 with an average monthly rent of $1,675.

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 $2,290. Four Bedroom Single-Family rentals are also available starting from $895 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.