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from $1,0651 to 2 Bedroom Apartments Available Now
Somerset at Lakeland
2918 Champions DrArlington, TN 38002
Cheap Apartments for Rent in the Lakeland Neighborhood of Memphis, TN from $1,000 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeland area of Memphis.
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Rent Specials
from $1,4461 to 2 Bedroom Apartments Available Now
Lakeland Town Square
4815 Market Green PlzLakeland, TN 38002
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from $1,0451 to 3 Bedroom Apartments Available Now
The Landings at Houston Levee
9940 Paddle Wheel LnCordova, TN 38016
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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from $1,2221 to 3 Bedroom Apartments Available Now
Preserve at Bartlett
8840 Bristol Park DrBartlett, TN 38133
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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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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 | $1,355 | $1,291 | $1,466 |
| Lakeland 1 Bedroom Apartments | $1,615 | $1,021 | $5,087 |
| Lakeland 2 Bedroom Apartments | $2,008 | $1,188 | $5,489 |
| Lakeland 3 Bedroom Apartments | $2,248 | $1,490 | $7,306 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
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Lakeland, Memphis, TN Local Guide
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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 $1,021. The Landings at Houston Levee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. 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 | $1,021 |
| The Landings at Houston Levee | The Cordelle - 1x1 | 1BR,1BA | $1,045 |
| Somerset at Lakeland | A1 | 1BR,1BA | $1,185 |
Best Value Apartments for Rent in Lakeland, TN
As of June 01, 2025 the best value apartment in the Lakeland area is the $1.31 price per square foot Ramey Model at The Charleston in the in the Eads-Fisherville neighborhood starting from $1,751. The second greatest value Lakeland apartment is the B3 Model at Hall Creek starting at $2,050 with a $1.77 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 | Ramey | 3BR,2BA | $1.31 |
| Hall Creek | B3 | 2BR,2BA | $1.77 |
| The Landings at Houston Levee | The Delta - 2x2 | 2BR,2BA | $1.21 |
| Stonebridge Crossing Apartments | Chateau | 3BR,2BA | $1.40 |
| Somerset at Lakeland | A1 | 1BR,1BA | $1.50 |
| Preserve at Bartlett | A2 | 1BR,1BA | $1.73 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $2.16 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.36 |
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Pet Friendly LifestyleLakeland, Memphis, TN
Ranked #57
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,291.
How much is rent for a Cheap One Bedroom Lakeland Apartment?
The lowest price for a Cheap One Bedroom Lakeland Apartment is $1,021 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 $1,188 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 The Landings at Houston Levee and starts from $1,490.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.