3446 Peter Cove
BartlettTN38133
Cheap Homes for Rent in Lakeland Neighborhood of Memphis, TN from $1,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.
2817 Misty Bay Dr
ArlingtonTN38002
2782 Maggie Wds Pl
ArlingtonTN38002
2828 Breezy Ridge Trail
MemphisTN38016
2777 Virginia Woods Pl
ArlingtonTN38002
10140 Cameron Ridge TR
MemphisTN38016
2777 Virginia Woods Pl
ArlingtonTN38002
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2773 Misty Valley Dr
ArlingtonTN38002
9987 Woodland Birch Dr
LakelandTN38002
9996 Houston Birch Dr
MemphisTN38016
9281 Fletcher Trace Pkwy
LakelandTN38002
9281 Fletcher Trace Pkwy
LakelandTN38002
2792 Shady Well
MemphisTN38016
9952 Woodland Bend Dr
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.
Showing Results 1-14, 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 | $1,750 | $1,750 | $1,750 |
| Lakeland 3 Bedroom Homes for Rent | $1,947 | $1,495 | $2,605 |
| Lakeland 4 Bedroom Homes for Rent | $2,542 | $1,970 | $5,750 |
| Lakeland 5 Bedroom Homes for Rent | $2,870 | $1,840 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
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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. The Charleston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,177. 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 |
| The Charleston | Beaumont | 1BR,1BA | $1,177 |
| Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,210 |
| Lakeland Town Square | A1 | 1BR,1BA | $1,298 |
| Somerset at Lakeland | B2 | 2BR,2BA | $1,310 |
Best Value Apartments for Rent in Lakeland, TN
As of January 03, 2026 the best value apartment in the Lakeland area is the $1.16 price per square foot B2 Model at Somerset at Lakeland in the in the Lakeland Arlington neighborhood starting from $1,310. The second greatest value Lakeland apartment is the Beaumont Model at The Charleston starting at $1,177 with a $1.26 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 | B2 | 2BR,2BA | $1.16 |
| The Charleston | Beaumont | 1BR,1BA | $1.26 |
| Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.24 |
| Preserve at Bartlett | A2 | 1BR,1BA | $1.88 |
| Hall Creek | A1 | 1BR,1BA | $2.06 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $2.28 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.29 |
Frequently Asked Questions about Lakeland
What type of rentals are currently available in Lakeland?
There are currently 12 Apartments for Rent in Lakeland, TN with pricing that ranges from $960 to $3,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,425 to $5,750.
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 $1,425 to $5,750 with an average monthly rent of $2,106.
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 $1,370 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,605. Four Bedroom Single-Family rentals are also available starting from $1,970 and Four Bedroom Apartments start at $2,750.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.