
Cheap Homes for Rent in the Lakeland Neighborhood of Memphis, TN from $1,570 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.


2777 Virginia Woods Pl

2775 Maggie Woods Pl

10157 Evening Hill Cove

3101 Rising Sun Rd

9281 Fletcher Trace Pkwy
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2811 Misty Bay Dr

9441 Club Walk Ct

5414 Hayes Rd

3079 Barley Mills Cir

3099 Brandon Way Ln

3090 Barley Mills Cir
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2803 Maggie Woods Pl

2806 Breezy Ridge Trail

2966 Woodland Ash Cove

2770 Java Dr

3047 Valley Green Ln

2797 Java Dr
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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 | $1,750 | $1,750 | $1,750 |
| Lakeland 3 Bedroom Homes for Rent | $2,058 | $1,585 | $2,900 |
| Lakeland 4 Bedroom Homes for Rent | $2,409 | $1,725 | $4,000 |
| Lakeland 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
Explore Memphis
Cheapest Available Lakeland Homes for Rent
 The cheapest available rental home in the Lakeland area of Memphis, TN is a 3 Beds home found at 2777 Virginia Woods Pl priced from $1,595. 9441 Club Walk Ct has the second lowest priced home, which is a 3 Beds rental home currently listed from $1,770. Here are the most affordable Lakeland homes for rent in Memphis, TN:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2777 Virginia Woods Pl | 2777 Virginia Woods Pl | 3BR, 2BA | $1,595 |
| 9441 Club Walk Ct | 9441 Club Walk Ct | 3BR, 2BA | $1,770 |
| 3079 Barley Mills Cir | 3079 Barley Mills Cir | 3BR, 3BA | $1,800 |
| 5432 Milton Ridge Dr | 5432 Milton Ridge Dr | 3BR, 2BA | $1,925 |
Best Value Homes for Rent in Lakeland, TN
As of September 23, 2026 the best value rental home in the Lakeland area is the $0.85 price per square foot 2804 Davies Plantation Rd Model at 2804 Davies Plantation Rd in the Cordova neighborhood starting from $2,385. The second greatest value Lakeland rental home is the 5036 Devan Woods Cove Model at 5036 Devan Woods Cove in the Brownsville neighborhood starting at $2,556 with a $0.95 price per square foot. Here is today’s list of the best values for Lakeland homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2804 Davies Plantation Rd | 2804 Davies Plantation Rd | 4BR, 3BA | $0.85 |
| 5036 Devan Woods Cove | 5036 Devan Woods Cove | 3BR, 2BA | $0.95 |
| 5116 Summer Mist Cove | 5116 Summer Mist Cove | 4BR, 3BA | $1.01 |
| 5540 Mary Ln | 5540 Mary Ln | 4BR, 2.5BA | $1.02 |
| 5432 Milton Ridge Dr | 5432 Milton Ridge Dr | 3BR, 2BA | $0.88 |
| 2963 Woodland Elm Cove S | 2963 Woodland Elm Cove S | 4BR, 2.5BA | $1.08 |
| 8994 Fletcher Park Cir N | 8994 Fletcher Park Cir N | 4BR, 2.5BA | $1.04 |
| 5061 Thornebrook Cove | 5061 Thornebrook Cove | 4BR, 2BA | $1.04 |
| 3101 Rising Sun Rd | 3101 Rising Sun Rd | 4BR, 2.5BA | $0.85 |
| 9441 Club Walk Ct | 9441 Club Walk Ct | 3BR, 2BA | $1.13 |
Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 22 Apartments for Rent in Lakeland, TN with pricing that ranges from $1,000 to $2,950. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,585 to $4,000.
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 $1,585 to $4,000 with an average monthly rent of $2,197.
How much are larger Three and Four Bedroom Rentals in Lakeland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeland range from $1,350 to $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,585 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $2,850.
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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