Cheap Apartments for Rent in the Oakhaven Neighborhood of Memphis, TN from $400 (33 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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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118

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Camelot Manor
1 to 3 Bedroom Apartments

Camelot Manor

3151 Ashwood StMemphis, TN 38118
  • Utilities Included
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

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

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Lakes At Ridgeway
1 to 3 Bedroom Apartments

Lakes At Ridgeway

5995 Waterstone Oak WayMemphis, TN 38115
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
  • Utilities Included

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Showing Results 1-33, Page 1 of 1

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-New 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 Ridge-New1 bedroom 1 bathroom1BR,1BA$599
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$665
The Trails at Mt. Moriah1 bed 1 bath C1BR,1BA$675
Windsor Place1X1A1BR,1BA$675
Emerald Park-New1 bedroom 1 bathroom1BR,1BA$699
Pinebrook Pointe-New1 Bedroom 1 bathroom1BR,1BA$699
Camelot Manor1 Bed, 1 bath1BR,1BA$725
Lakes At Ridgeway1/1-6501BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$775

Best Value Apartments for Rent in Oakhaven, TN

As of December 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-New 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-New 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-New4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe-New3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Ridgewyck Townhomes2 Bedroom2BR,2BA$0.80
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.65
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.81
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Emerald Park-New2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.03
Hickory ForestTwo Bed Flat Top2BR,1BA$1.07
Emerald Ridge-New2 bedroom 1 bathroom2BR,1BA$0.98

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Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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-New.

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 The Residences at Lakeview and starts from $815.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!