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$1,190 - $1,9811 to 3 Bedroom Apartments Available Sep 19
Somerset at Lakeland
2918 Champions DrArlington, TN 38002
Cheap Apartments for Rent in the Lakeland Neighborhood of Memphis, TN from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeland area of Memphis.
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Rent Specials
$1,445 - $2,9401 to 2 Bedroom Apartments Available Now
Lakeland Town Square
4815 Market Green PlzLakeland, TN 38002
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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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Lakeland, Memphis, TN Local Guide
How much does it cost to rent an apartment in Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeland Studio Apartments | $1,285 | $1,236 | $1,391 |
| Lakeland 1 Bedroom Apartments | $1,425 | $928 | $1,987 |
| Lakeland 2 Bedroom Apartments | $1,748 | $1,087 | $2,400 |
| Lakeland 3 Bedroom Apartments | $2,005 | $1,364 | $2,640 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Lakeland, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
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Cheapest Available Lakeland Apartments for Rent
The cheapest available apartment rental in the Lakeland area of Memphis, TN is a 1 Bed unit found at Stonebridge Crossing Apartments priced from $928. Springs at Colonial has the second lowest priced unit, which is a Studio apartment currently listed from $1,196. Here are the most affordable Lakeland apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stonebridge Crossing Apartments | Avalon w/Sunroom | 1BR,1BA | $928 |
| Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,196 |
| The Charleston | Beaumont | 1BR,1BA | $1,265 |
Best Value Apartments for Rent in Lakeland, TN
As of September 08, 2025 the best value apartment in the Lakeland area is the $1.35 price per square foot Beaumont Model at The Charleston in the in the Eads-Fisherville neighborhood starting from $1,265. The second greatest value Lakeland apartment is the Beaumont Model at Stonebridge Crossing Apartments starting at $1,127 with a $1.25 price per square foot in the Lakeland Arlington neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Charleston | Beaumont | 1BR,1BA | $1.35 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.25 |
| Lakeland Town Square | A4 | 1BR,1BA | $2.34 |
| Preserve at Bartlett | A3R | 1BR,1BA | $1.98 |
| Springs at Colonial | 1 BR Designer Courtyard Garage | 1BR,1BA | $2.39 |
| Hall Creek | A1 | 1BR,1BA | $2.65 |
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Pet Friendly LifestyleLakeland, Memphis, TN
Ranked #53
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Lakeland Neighborhood in Memphis, TN
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakeland Apartments
What is the Cheapest Studio apartment in Lakeland?
Currently the most affordable Cheap Studio Apartment in Lakeland is at Springs at Colonial listed at $1,196.
How much is rent for a Cheap One Bedroom Lakeland Apartment?
The lowest price for a Cheap One Bedroom Lakeland Apartment is $928 at Stonebridge Crossing Apartments.
What is the lowest price for a Cheap Two Bedroom Lakeland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakeland is starting from $1,087 at Stonebridge Crossing Apartments.
What is the most affordable Lakeland Three Bedroom Apartment?
The best deal on a cheap Lakeland Three Bedroom Apartment rental is at Stonebridge Crossing Apartments and starts from $1,364.
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.
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.
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.
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.
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.