
Cheap Homes for Rent in the Lakeland Neighborhood of Memphis, TN from $1,500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.


2835 Misty Briar Cove

2791 Maggie Woods Ln

10176 Evening Hill Dr

3054 Brandon Way Ln

9281 Fletcher Trace Pkwy
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9986 Cameron Ridge TR

10258 Evening Hill Dr

10047 Cameron Ridge TR

2868 Hampton Court Rd N

2836 Rockcreek Pkwy

3101 Rising Sun Rd
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12138 Longleaf Oak Trail
Lakeland, Memphis, TN Local Guide

How much does it cost to rent a home in Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeland 2 Bedroom Homes for Rent | $1,625 | $1,500 | $1,750 |
| Lakeland 3 Bedroom Homes for Rent | $2,036 | $1,720 | $2,800 |
| Lakeland 4 Bedroom Homes for Rent | $2,445 | $1,875 | $3,800 |
| Lakeland 5 Bedroom Homes for Rent | $3,225 | $2,950 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
Explore Memphis
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 Somerset at Lakeland priced from $992. Stonebridge Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,028. Here are the most affordable Lakeland apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Somerset at Lakeland | A1 | 1BR,1BA | $992 |
| Stonebridge Crossing Apartments | Avalon | 1BR,1BA | $1,028 |
| Preserve at Bartlett | A4 | 1BR,1BA | $1,164 |
| Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,210 |
| Lakeland Town Square | The Bistro | 1BR,1BA | $1,501 |
Best Value Apartments for Rent in Lakeland, TN
As of August 09, 2026 the best value apartment in the Lakeland area is the $1.23 price per square foot Avalon Model at Stonebridge Crossing Apartments in the in the Cordova neighborhood starting from $1,028. The second greatest value Lakeland apartment is the A4 Model at Hall Creek starting at $1,852 with a $2.29 price per square foot in the 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. |
|---|---|---|---|
| Stonebridge Crossing Apartments | Avalon | 1BR,1BA | $1.23 |
| Hall Creek | A4 | 1BR,1BA | $2.29 |
| Somerset at Lakeland | A1 | 1BR,1BA | $1.25 |
| Preserve at Bartlett | A2 | 1BR,1BA | $1.66 |
| Lakeland Town Square | The Bistro | 1BR,1BA | $2.36 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.35 |
Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 13 Apartments for Rent in Lakeland, TN with pricing that ranges from $1,008 to $2,694. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,500 to $3,800.
What is the current price range for Rental Homes in Lakeland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeland ranges from $1,500 to $3,800 with an average monthly rent of $2,249.
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.
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