Cheap Apartments for Rent in the Parkway Village Neighborhood of Memphis, TN from $450 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway Village area of Memphis.

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Cedar Creek Apartments
Studio to 2 Bedroom Apartments

Cedar Creek Apartments

3365 Steve RdMemphis, TN 38111
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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118

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Camelot Manor
1 to 3 Bedroom Apartments

Camelot Manor

3151 Ashwood StMemphis, TN 38118
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
Corporate Housing
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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118

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Showing Results 1-34, Page 1 of 1

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 Pinebrook Pointe priced from $626. Emerald Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Parkway Village apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$626
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$650
Azure Place Apartments1 Bedroom A1BR,1BA$715
Windsor Place1X1W1BR,1BA$785
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830
Aspen Parc2 Bedroom2BR,1BA$850
Getwell Pointe ApartmentsB22BR,1BA$950

Best Value Apartments for Rent in Parkway Village, TN

As of August 23, 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 Model at Aspen Parc starting at $895 with a $0.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Getwell Pointe ApartmentsB22BR,1.5BA$1.18
Windsor Place1X1W1BR,1BA$1.19
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$0.96
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$1.00
Azure Place Apartments1 Bedroom A1BR,1BA$1.15

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 $626 at Pinebrook Pointe.

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 $825 at Azure Place Apartments.

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 Apartments and starts from $949.

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.

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