11853 Dr Logan Rd
ArlingtonTN38002
Cheap Homes for Rent in Lakeland Neighborhood of Memphis, TN from $1,300 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.
3446 Peter Cove
BartlettTN38133
2794 Virginia Woods Pl
ArlingtonTN38002
2806 Maggie Woods Ln
ArlingtonTN38002
2807 Maggie Woods Ln
ArlingtonTN38002
2817 Misty Bay Dr
ArlingtonTN38002
9611 Chi Chi Ln
LakelandTN38002
9771 Misty Bay Cove
ArlingtonTN38002
2782 Maggie Wds Pl
ArlingtonTN38002
2777 Virginia Woods Pl
ArlingtonTN38002
2777 Virginia Woods Pl
ArlingtonTN38002
3094 Brandon Way Ln
LakelandTN38002
9697 Tributary Cove
ArlingtonTN38002
9362 Garden Woods Dr
MemphisTN38016
10140 Cameron Ridge TR
MemphisTN38016
9406 Slezenger Ln
LakelandTN38002
9952 Woodland Bend Dr
LakelandTN38002
9406 Slezenger Ln
LakelandTN38002
2834 Lanthorn Dr
MemphisTN38016
2834 Lanthorn Dr
MemphisTN38016
8233 Sawyer Mill Cove
ArlingtonTN38002
9587 Chi Chi Ln
LakelandTN38002
4898 Indian Walk Ln
ArlingtonTN38002
Showing Results 1-23, 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 3 Bedroom Homes for Rent | $1,936 | $1,510 | $2,550 |
| Lakeland 4 Bedroom Homes for Rent | $2,405 | $1,390 | $6,200 |
| Lakeland 5 Bedroom Homes for Rent | $3,755 | $2,130 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 23 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 $960. Springs at Colonial has the second lowest priced unit, which is a Studio apartment currently listed from $1,180. 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 | $960 |
| Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,180 |
| The Charleston | Beaumont | 1BR,1BA | $1,227 |
| Preserve at Bartlett | A3R | 1BR,1BA | $1,358 |
| Lakeland Town Square | A3 | 1BR,1BA | $1,406 |
Best Value Apartments for Rent in Lakeland, TN
As of November 12, 2025 the best value apartment in the Lakeland area is the $1.06 price per square foot C2 Model at Somerset at Lakeland in the in the Lakeland Arlington neighborhood starting from $1,554. The second greatest value Lakeland apartment is the Beaumont Model at The Charleston starting at $1,227 with a $1.31 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. |
|---|---|---|---|
| Somerset at Lakeland | C2 | 3BR,2BA | $1.06 |
| The Charleston | Beaumont | 1BR,1BA | $1.31 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.24 |
| Preserve at Bartlett | A3R | 1BR,1BA | $1.72 |
| Hall Creek | A1 | 1BR,1BA | $2.29 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $2.28 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.14 |
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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
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 $960 to $2,732. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,390 to $6,200.
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 $1,390 to $6,200 with an average monthly rent of $2,399.
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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.