2705-2715 Cherry Rd
MemphisTN38118
Cheap Homes for Rent in Parkway Village Neighborhood of Memphis, TN from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway Village area of Memphis.
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.
3530 Venable Rd
MemphisTN38118
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.
Showing Results 1-2, Page 1 of 1
Parkway Village, Memphis, TN Local Guide
How much does it cost to rent a home in Parkway Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Village 2 Bedroom Homes for Rent | $926 | $895 | $950 |
| Parkway Village 3 Bedroom Homes for Rent | $1,283 | $965 | $1,625 |
| Parkway Village 4 Bedroom Homes for Rent | $1,507 | $1,295 | $1,695 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Parkway Village Neighborhood of Memphis, TN.
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Parkway Village, Memphis, TN Local Guide
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Best Value Apartments for Rent in Parkway Village, TN
As of September 01, 2025 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 Two Bedroom Down Model at Woodlake starting at $845 with a $0.95 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 |
| Woodlake | Two Bedroom Down | 2BR,1.5BA | $0.95 |
| Emerald Ridge | 2 bedroom 1 bathroom | 2BR,1BA | $0.98 |
| Getwell Pointe Apartments | One Bedroom Apartment for Rent | 1BR,1BA | $1.27 |
| Pinebrook Pointe Apartments | 1 Bedroom 1 bathroom | 1BR,1BA | $1.07 |
| Camelot Manor | 1 Bed, 1 bath | 1BR,1BA | $1.23 |
| Azure Place Apartments | 1 Bedroom A | 1BR,1BA | $1.38 |
| 4659 Cottonwood Rd | 1 Bed 1 Bath | 1BR,1BA | $0.91 |
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Pet Friendly LifestyleParkway Village, Memphis, TN
Ranked #79
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Parkway Village
What type of rentals are currently available in Parkway Village?
There are currently 37 Apartments for Rent in Parkway Village, TN with pricing that ranges from $599 to $1,550. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Village ranging from $650 to $1,695.
What is the current price range for Rental Homes in Parkway Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway Village ranges from $650 to $1,695 with an average monthly rent of $1,091.
How much are larger Three and Four Bedroom Rentals in Parkway Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway Village range from $849 to $1,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $965 to $1,625. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,460.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.