Cheap Homes for Rent in Orange Mound Neighborhood of Memphis, TN from $700 (12 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cheapest Available Orange Mound Apartments for Rent

 

The cheapest available apartment rental in the Orange Mound area of Memphis, TN is a 2 Beds unit found at Barron Court priced from $684. Brentwood Parc has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Orange Mound apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$684
Brentwood Parc2 Bed/ 2 Bath2BR,1BA$750
Lamar Crossing1 Bedroom1BR,1BA$785

Best Value Apartments for Rent in Orange Mound, TN

As of April 22, 2026 the best value apartment in the Orange Mound area is the $1.18 price per square foot 4 Bedroom Model at Lamar Crossing in the in the East Memphis neighborhood starting from $1,467. The second greatest value Orange Mound apartment is the 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc starting at $850 with a $0.83 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Orange Mound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lamar Crossing4 Bedroom4BR,2BA$1.18
Brentwood Parc2 Bed/ 2 Bath Towhnome2BR,2BA$0.83
Barron CourtBarron Court 2 Bedroom 1 Bath2BR,1BA$0.88

Frequently Asked Questions about Orange Mound

What type of rentals are currently available in Orange Mound?

There are currently 34 Apartments for Rent in Orange Mound, TN with pricing that ranges from $750 to $1,750. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orange Mound ranging from $795 to $2,495.

What is the current price range for Rental Homes in Orange Mound?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Orange Mound ranges from $795 to $2,495 with an average monthly rent of $1,432.

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

Written by: Joshua Carlucci

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.