Cheap Apartments for Rent in the Oakhaven Neighborhood of Memphis, TN from $450 (129 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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property at 5654 Encino Cv
$825

Total Monthly Price

Base Rent$825
Total Monthly Price$825
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

5654 Encino Cv, Unit 5654 Encino

5654 Encino Cv
MemphisTN38115

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property at 2786 Mojave Pl
$950

Total Monthly Price

Base Rent$950
Total Monthly Price$950
2 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

2786 Mojave Pl, Unit #2

2786 Mojave Pl
MemphisTN38115
  • Smoke Free
property at 4766 James Kent Ct
$995
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

4766 James Kent Ct

MemphisTN38118
  • Smoke Free
property at 2964 S Perkins Rd
$1,195
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2964 S Perkins Rd

MemphisTN38118
  • Smoke Free

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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 Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Oakhaven apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
Emerald Park Apartments1 bedroom 1 bathroom1BR,1BA$625
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$626
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$650
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$694
Azure Place Apartments1 Bedroom B1BR,1BA$725
Hickory GrovePecan1BR,1BA$750
Lakes at Ridgeway1 BR 1Bath1BR,1BA$750
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Trails at Mt. Moriah1 bed 1 bath C1BR,1BA$780

Best Value Apartments for Rent in Oakhaven, TN

As of September 07, 2026 the best value apartment in the Oakhaven area is the $0.87 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square Apartments in the in the Oakhaven neighborhood starting from $1,399. 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 Square Apartments4 bedroom 2.5 bathroom4BR,2.5BA$0.87
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
MONTICELLOCherry-2 bedroom 1330 SQ FT2BR,2BA$1.00
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Twin Oaks2 Bedroom, 1.5 Bathroom TH2BR,1BA$0.87
Emerald Park Apartments2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Crossings at Fox Meadows2 Bedroom, 1 Bathroom2BR,1BA$1.02
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$0.96
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$1.00

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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 $625 at Emerald Park Apartments.

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 Apartments and starts from $949.

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.

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