Cheap Homes for Rent in the Oakhaven Neighborhood of Memphis, TN from $600 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 5654 San Mateo

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 2 Bath Condo for Rent

Available Jul 31

5654 San Mateo, Unit San Mateo

5654 San Mateo
MemphisTN38115

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Read Article

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Read Article
Showing Results 1-36, Page 1 of 1

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. Pinebrook Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $626. Here are the most affordable Oakhaven apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$626
Emerald Park Apartments1 bedroom 1 bathroom1BR,1BA$650
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$650
Azure Place Apartments1 Bedroom B1BR,1BA$735
Lakes at Ridgeway1 BR 1Bath1BR,1BA$750
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Park at Paisley1 Bedroom / 1 Bathroom1BR,1BA$760
The Trails at Mt. Moriah1 bed 1 bath A1BR,1BA$775
Cedar Run1x11BR,1BA$785

Best Value Apartments for Rent in Oakhaven, TN

As of July 28, 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
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
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 Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.02
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$0.96
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$1.00

Frequently Asked Questions about Oakhaven

What type of rentals are currently available in Oakhaven?

There are currently 95 Apartments for Rent in Oakhaven, TN with pricing that ranges from $581 to $2,304. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhaven ranging from $600 to $5,450.

What is the current price range for Rental Homes in Oakhaven?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakhaven ranges from $600 to $5,450 with an average monthly rent of $2,389.

How much are larger Three and Four Bedroom Rentals in Oakhaven?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakhaven range from $940 to $1,773, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,399.

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.

Helpful Local Expert Guides

decorative image for Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City article

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

decorative image for The Local Memphis Expert's Guide to Renting Near the Citys Top Employers article

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

decorative image for College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive article

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.