Cheap Homes for Rent in the Parkway Village Neighborhood of Memphis, TN from $600 (10 Rentals)

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

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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 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

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 Parkway Village

What type of rentals are currently available in Parkway Village?

There are currently 41 Apartments for Rent in Parkway Village, TN with pricing that ranges from $600 to $1,550. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Village ranging from $600 to $1,875.

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 $600 to $1,875 with an average monthly rent of $1,391.

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 $949 to $1,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $1,875. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $1,460.

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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