Cheap Apartments for Rent in the Parkway Village Neighborhood of Memphis, TN from $400 (26 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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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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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118

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Cedar Creek Apartments
Studio to 2 Bedroom Apartments

Cedar Creek Apartments

3365 Steve RdMemphis, TN 38111
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Aspen Parc
2 to 3 Bedroom Apartments

Aspen Parc

3235 S Mendenhall RdMemphis, TN 38115
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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, 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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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118

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Champaign Place
1 Bedroom Apartments

Champaign Place

2715 Cherry RdMemphis, TN 38118
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Camelot Manor
1 to 3 Bedroom Apartments

Camelot Manor

3151 Ashwood StMemphis, 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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Anchor Blu
3 Bedroom Apartments

Anchor Blu

3251 Old Getwell RdMemphis, TN 38118
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Showing Results 1-26, 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 Emerald Ridge priced from $599. Pinebrook Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Parkway Village apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$699
WoodlakeOne Bedroom1BR,1BA$725
Windsor Place2X1B2BR,1BA$795
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830
Azure Place Apartments1 Bedroom B1BR,1BA$835
Getwell Pointe ApartmentsB12BR,1BA$905

Best Value Apartments for Rent in Parkway Village, TN

As of February 22, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Windsor Place2X1B2BR,1BA$0.95
Getwell Pointe ApartmentsOne Bedroom Apartment for Rent1BR,1BA$1.27
WoodlakeOne Bedroom1BR,1BA$1.05
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$1.07
Azure Place Apartments1 Bedroom A1BR,1BA$1.36

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.

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 $795 at Windsor Place.

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 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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