3085 Rising Sun Rd
LakelandTN38002
Cheap Homes for Rent in Lakeland Neighborhood of Memphis, TN from $1,300 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.
9812 Misty Pine Dr
ArlingtonTN38002
10164 Morning Hill Cove
MemphisTN38016
3123 Woodland Crest Dr
LakelandTN38002
9154 Fletcher Trace Pkwy
LakelandTN38002
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.
9975 Cameron Ridge TR
MemphisTN38016
9703 Java Cove
ArlingtonTN38002
9593 Daly Dr
LakelandTN38002
2774 Java Dr
ArlingtonTN38002
2786 Breezy Ridge Trail
MemphisTN38016
9547 Daly Dr
LakelandTN38002
9547 Daly Dr
LakelandTN38002
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.
2961 Forest Edge Dr
LakelandTN38002
9167 Valkrie Ln
LakelandTN38002
9595 Chi Chi Ln
LakelandTN38002
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.
5792 Reed Bend Cove
ArlingtonTN38002
9122 Valkrie Ln
LakelandTN38002
10162 Evening Hill Cove
MemphisTN38016
5784 Reed Bend Cove
ArlingtonTN38002
Showing Results 1-19, Page 1 of 1
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 | $1,375 | $1,375 | $1,375 |
| Lakeland 3 Bedroom Homes for Rent | $2,015 | $1,665 | $2,560 |
| Lakeland 4 Bedroom Homes for Rent | $2,569 | $2,025 | $4,000 |
| Lakeland 5 Bedroom Homes for Rent | $3,530 | $2,990 | $4,100 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 $947. Somerset at Lakeland has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,130. 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 | $947 |
| Somerset at Lakeland | B2 | 2BR,2BA | $1,130 |
| Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,234 |
| The Charleston | Caledonia | 2BR,2BA | $1,375 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Lakeland, TN
As of July 24, 2025 the best value apartment in the Lakeland area is the $1.74 price per square foot C1 Model at Hall Creek in the in the Lakeland Arlington neighborhood starting from $2,354. The second greatest value Lakeland apartment is the Ramey Model at The Charleston starting at $1,700 with a $1.27 price per square foot in the Eads-Fisherville 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. |
|---|---|---|---|
| Hall Creek | C1 | 3BR,2BA | $1.74 |
| The Charleston | Ramey | 3BR,2BA | $1.27 |
| Somerset at Lakeland | B3 | 2BR,2BA | $1.04 |
| Preserve at Bartlett | B2R | 2BR,2BA | $1.72 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.26 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $2.16 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.21 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 11 Apartments for Rent in Lakeland, TN with pricing that ranges from $947 to $8,052. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,375 to $4,100.
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 $1,375 to $4,100 with an average monthly rent of $2,372.
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.
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.
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.