Cheap Homes for Rent in Oakhaven Neighborhood of Memphis, TN from $600 (22 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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
Windsor Place1X1B1BR,1BA$645
The Trails at Mt. Moriah1 bed 1 bath C1BR,1BA$673
Emerald Park1 bedroom 1 bathroom1BR,1BA$699

Best Value Apartments for Rent in Oakhaven, TN

As of July 24, 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
Plum TreeTwo Bedroom2BR,1.5BA$0.81
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
The Ellington at Kirby2 Bedroom 2 Bath Up2BR,2BA$0.99
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Windsor Place1X1B1BR,1BA$0.92
4659 Cottonwood Rd1 Bed 1 Bath1BR,1BA$0.91

Frequently Asked Questions about Oakhaven

What type of rentals are currently available in Oakhaven?

There are currently 89 Apartments for Rent in Oakhaven, TN with pricing that ranges from $581 to $3,108. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhaven ranging from $650 to $3,400.

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 $650 to $3,400 with an average monthly rent of $1,590.

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 $815 to $1,906, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,340. Four Bedroom Single-Family rentals are also available starting from $1,655 and Four Bedroom Apartments start at $1,199.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.