
Cheap Homes for Rent in Lakeland Neighborhood of Memphis, TN from $1,300 (27 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeland area of Memphis.


9587 Daly Dr

2807 Maggie Woods Ln
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.

9167 Valkrie Ln

10050 Cameron Ridge TR

9593 Daly Dr

9168 Fletcher Trace Pkwy

5787 Reed Bend Cove

10206 Evening Hill Dr
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.

9122 Valkrie Ln

10247 Morning Hill Dr

2774 Java Dr

9628 Daly Dr

3067 Woodland Fern Cove

2821 Lanthorn Dr
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

9595 Chi Chi Ln

2798 Maggie Wds Pl

9595 Chi Chi Ln

8167 White Wing Cove W

8357 Blue Lagoon Dr

5123 Summer Mist Cove

11536 Ryewood Cove

2834 Lanthorn Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

8023 Allbright Cove

12240 Longleaf Oak Trail

10038 Cameron Ridge TR

9997 Woodland Grove Dr
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 | $1,961 | $1,560 | $2,550 |
Lakeland 4 Bedroom Homes for Rent | $2,635 | $1,680 | $4,000 |
Lakeland 5 Bedroom Homes for Rent | $3,247 | $2,490 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 27 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 $929. Springs at Colonial has the second lowest priced unit, which is a Studio apartment currently listed from $1,196. 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 | $929 |
Springs at Colonial | Studio Haven Summit | Studio,1BA | $1,196 |
The Charleston | Beaumont | 1BR,1BA | $1,271 |
Preserve at Bartlett | B3 | 2BR,2BA | $1,475 |
Lakeland Town Square | B1 | 2BR,2BA | $1,521 |
Hall Creek | A1 | 1BR,1BA | $1,717 |
Best Value Apartments for Rent in Lakeland, TN
As of September 08, 2025 the best value apartment in the Lakeland area is the $1.36 price per square foot Beaumont Model at The Charleston in the in the Eads-Fisherville neighborhood starting from $1,271. The second greatest value Lakeland apartment is the Beaumont Model at Stonebridge Crossing Apartments starting at $1,124 with a $1.25 price per square foot in the Lakeland 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. |
---|---|---|---|
The Charleston | Beaumont | 1BR,1BA | $1.36 |
Stonebridge Crossing Apartments | Beaumont | 2BR,2BA | $1.25 |
Lakeland Town Square | A4 | 1BR,1BA | $2.34 |
Preserve at Bartlett | A3R | 1BR,1BA | $1.98 |
Springs at Colonial | 1 BR Designer Courtyard Garage | 1BR,1BA | $2.39 |
Hall Creek | A1 | 1BR,1BA | $2.65 |
Quick Rent Budget Calculator
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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 $929 to $2,640. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeland ranging from $1,375 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 $1,375 to $4,000 with an average monthly rent of $2,304.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.