Cheap Apartments for Rent in the Oakhaven Neighborhood of Memphis, TN from $400 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Oakhaven area of Memphis.

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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Emerald Park
1 to 3 Bedroom Apartments

Emerald Park

3350 Hickory Hill RdMemphis, TN 38115
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
Corporate Housing
  • Utilities Included
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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Oakhaven, Memphis, TN Local Guide

Cheapest Available Oakhaven Apartments for Rent

 

The cheapest available apartment rental in the Oakhaven area of Memphis, TN is a Studio unit found at The Residences at Lakeview priced from $581. Emerald Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here are the most affordable Oakhaven apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
The Trails at Mt. Moriah1 bed 1 bath D1BR,1BA$695
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$699
Camelot Manor1 Bed, 1 bath1BR,1BA$749
Eden Pointe1 Bed, 1 bath1BR,1BA$749
Riverdale1 Bed, 1 bath1BR,1BA$790
Stone Ridge at Germantown FallsStudio1BR,1BA$790
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$795
The Park at New Castle1 Bedroom / 1 Bathroom1BR,1BA$800

Best Value Apartments for Rent in Oakhaven, TN

As of June 06, 2025 the best value apartment in the Oakhaven area is the $0.75 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square in the in the Oakhaven neighborhood starting from $1,199. The second greatest value Oakhaven apartment is the 3 bedroom 2.5 bathroom Model at Emerald Pointe starting at $1,099 with a $0.70 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Oakhaven apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Plum TreeTwo Bedroom2BR,1.5BA$0.81
Hickory ForestTwo Bed Townhome2BR,2.5BA$1.01
The Ellington at Kirby2 Bedroom 2 Bath Up2BR,2BA$0.95
Ridgewyck Townhomes1 Bedroom1BR,1BA$1.04
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Eden Pointe1 Bed, 1 bath1BR,1BA$1.07

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Memphis, Tennessee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Oakhaven Neighborhood in Memphis, TN

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oakhaven Apartments

What is the Cheapest Studio apartment in Oakhaven?

Currently the most affordable Cheap Studio Apartment in Oakhaven is at The Residences at Lakeview listed at $581.

How much is rent for a Cheap One Bedroom Oakhaven Apartment?

The lowest price for a Cheap One Bedroom Oakhaven Apartment is $599 at Emerald Ridge.

What is the lowest price for a Cheap Two Bedroom Oakhaven Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakhaven is starting from $736 at The Residences at Lakeview.

What is the most affordable Oakhaven Three Bedroom Apartment?

The best deal on a cheap Oakhaven Three Bedroom Apartment rental is at Emerald Ridge and starts from $849.

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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.