Cheap Homes for Rent in Oakhaven Neighborhood of Memphis, TN from $600 (26 Rentals)

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

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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
Windsor Place1X1B1BR,1BA$645
Emerald Park-New1 bedroom 1 bathroom1BR,1BA$699
Pinebrook Pointe-New1 Bedroom 1 bathroom1BR,1BA$699
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$700
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
Lakes At Ridgeway1/1-6501BR,1BA$750
Azure Place Apartments2 Bedroom B2BR,2BA$775
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$780

Best Value Apartments for Rent in Oakhaven, TN

As of December 23, 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$0.86
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
Emerald Ridge-New2 bedroom 1 bathroom2BR,1BA$0.98
Pinebrook Pointe-New1 Bedroom 1 bathroom1BR,1BA$1.07

Frequently Asked Questions about Oakhaven

What type of rentals are currently available in Oakhaven?

There are currently 91 Apartments for Rent in Oakhaven, TN with pricing that ranges from $581 to $2,675. There are also 247 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakhaven ranging from $650 to $2,570.

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 $2,570 with an average monthly rent of $1,447.

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 $849 to $1,602, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,570. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,199.

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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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Renting with Roommates: Realistic Expectations for Shared Lease

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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

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Everything is a negotiation in real estate!