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Rent Specials
$865 - $1,4601 to 4 Bedroom Apartments Available Now
Azure Place Apartments
3896 Chippewa RdMemphis, TN 38118
Cheap Apartments for Rent in the Parkway Village Neighborhood of Memphis, TN from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Village area of Memphis.
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$699 - $7991 to 2 Bedroom Apartments Available Now
Pinebrook Pointe-New
3541 Mediterranean DrMemphis, TN 38118
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$890 - $1,0051 to 2 Bedroom Apartments Available Now
Getwell Pointe Apartments
2973 Getwell RdMemphis, TN 38118
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$599 - $8991 to 3 Bedroom Apartments Available Now
Emerald Ridge-New
4280 Mount Hood StMemphis, TN 38118
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$735 - $1,5501 to 3 Bedroom Apartments Contact Us For Availability
Cedar Mill Apartments & Townhouses
3505 S MendenhallMemphis, TN 38115
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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.
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Rent Specials
$830 - $1,0002 to 3 Bedroom Apartments Available Now
Shadowbrook Townhomes
3318 Petosky StMemphis, TN 38118
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1 to 3 Bedroom Apartments
The Vue at Claudette Townhomes & Apartments
2718 Claudette RdMemphis, TN 38118
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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.
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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.
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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.
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Showing Results 1-25, Page 1 of 1
Parkway Village, Memphis, TN Local Guide
How much does it cost to rent an apartment in Parkway Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Village Studio Apartments | $599 | $599 | $599 |
| Parkway Village 1 Bedroom Apartments | $714 | $599 | $915 |
| Parkway Village 2 Bedroom Apartments | $884 | $799 | $1,450 |
| Parkway Village 3 Bedroom Apartments | $1,021 | $849 | $1,550 |
| Parkway Village 4 Bedroom Apartments | $1,460 | $1,460 | $1,460 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Parkway Village Neighborhood of Memphis, TN.
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Cheapest Available Parkway Village Apartments for Rent
The cheapest available apartment rental in the Parkway Village area of Memphis, TN is a 1 Bed unit found at Emerald Ridge-New priced from $599. Windsor Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Parkway Village apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Emerald Ridge-New | 1 bedroom 1 bathroom | 1BR,1BA | $599 |
| Windsor Place | 1X1B | 1BR,1BA | $645 |
| Pinebrook Pointe-New | 1 Bedroom 1 bathroom | 1BR,1BA | $699 |
| Woodlake | One Bedroom | 1BR,1BA | $725 |
| Shadowbrook Townhomes | 2 Bedroom Basic | 2BR,1BA | $830 |
Best Value Apartments for Rent in Parkway Village, TN
As of January 04, 2026 the best value apartment in the Parkway Village area is the $0.69 price per square foot 2 Bedroom w/ Den Model at Shadowbrook Townhomes in the in the Oakhaven neighborhood starting from $850. The second greatest value Parkway Village apartment is the 2 bedroom 1 bathroom Model at Emerald Ridge-New starting at $849 with a $0.98 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Parkway Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadowbrook Townhomes | 2 Bedroom w/ Den | 2BR,1.5BA | $0.69 |
| Emerald Ridge-New | 2 bedroom 1 bathroom | 2BR,1BA | $0.98 |
| Getwell Pointe Apartments | B2 | 2BR,1.5BA | $1.18 |
| Windsor Place | 1X1T | 1BR,1BA | $0.97 |
| Woodlake | One Bedroom | 1BR,1BA | $1.05 |
| Pinebrook Pointe-New | 1 Bedroom 1 bathroom | 1BR,1BA | $1.07 |
| Azure Place Apartments | 1 Bedroom A | 1BR,1BA | $1.41 |
Frequently Asked Questions about Cheap Parkway Village Apartments
How much is rent for a Cheap One Bedroom Parkway Village Apartment?
The lowest price for a Cheap One Bedroom Parkway Village Apartment is $599 at Emerald Ridge-New.
What is the lowest price for a Cheap Two Bedroom Parkway Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkway Village is starting from $799 at Pinebrook Pointe-New.
What is the most affordable Parkway Village Three Bedroom Apartment?
The best deal on a cheap Parkway Village Three Bedroom Apartment rental is at Emerald Ridge-New and starts from $849.
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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.