2929 Bede Rd
MemphisTN38128
Cheap Homes for Rent in Raleigh Neighborhood of Memphis, TN from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Raleigh area of Memphis.
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$8752 Bedroom Apartments Available Now
2879 Beverly Hill St
2879 Beverly Hill StMemphis, TN 38128
4290 Davidcrest Dr
MemphisTN38128
3729 Wyndance Cove
MemphisTN38135
3578 Voltaire Ave
MemphisTN38128
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.
5211 Kimbark Woods Dr
MemphisTN38134
3883 Winwood Dr
MemphisTN38128
3883 Winwood Dr
MemphisTN38128
4060 Stowe St
MemphisTN38128
4236 Trudy St
MemphisTN38128
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.
3210 Longacre Cove
MemphisTN38134
4579 Buffer Dr
MemphisTN38128
3700 Socorro Cove
MemphisTN38128
3887 Brandy Ave
MemphisTN38128
4146 Crain Rd
MemphisTN38128
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.
4065 Haliburton St
MemphisTN38128
3955 Stillwood Dr
MemphisTN38128
Showing Results 1-17, Page 1 of 1
Raleigh, Memphis, TN Local Guide
How much does it cost to rent a home in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh 2 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
| Raleigh 3 Bedroom Homes for Rent | $1,512 | $750 | $2,495 |
| Raleigh 4 Bedroom Homes for Rent | $1,755 | $1,345 | $2,775 |
| Raleigh 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
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Cheapest Available Raleigh Apartments for Rent
The cheapest available apartment rental in the Raleigh area of Memphis, TN is a 1 Bed unit found at Hilldale Apartments priced from $700. Walden Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here are the most affordable Raleigh apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hilldale Apartments | 1x1 | 1BR,1BA | $700 |
| Walden Pointe | One Bedroom 1X1A | 1BR,1BA | $720 |
| Jamesbridge | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $740 |
| Stonegate Apartments | 1x1 | 1BR,1BA | $750 |
| The Summit Apartments | Birch | 1BR,1BA | $790 |
Best Value Apartments for Rent in Raleigh, TN
As of February 25, 2026 the best value apartment in the Raleigh area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Raleigh apartment is the 3 Bed / 2 Bath - Family Option Model at Lakes at Epping Way starting at $975 with a $0.70 price per square foot in the Raleigh neighborhood. Here is today’s list of the best values for Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sunridge Townhomes | 4 Bed, 3 Bath | 4BR,3BA | $0.74 |
| Lakes at Epping Way | 3 Bed / 2 Bath - Family Option | 3BR,2BA | $0.70 |
| Rivergrove | 2B | 2BR,1.5BA | $0.86 |
| Hilldale Apartments | 3x1 | 3BR,1.5BA | $0.90 |
| Cedarwood Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.84 |
| Beverly Springs | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.92 |
| Avery Park Apartments | 2X1.5 | 2BR,1.5BA | $1.08 |
| The Meridian Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.94 |
| Stonegate Apartments | 1x1 | 1BR,1BA | $1.00 |
| Walden Pointe | One Bedroom 1X1A | 1BR,1BA | $1.03 |
Frequently Asked Questions about Raleigh
What type of rentals are currently available in Raleigh?
There are currently 42 Apartments for Rent in Raleigh, TN with pricing that ranges from $649 to $1,545. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $750 to $2,775.
What is the current price range for Rental Homes in Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Raleigh ranges from $750 to $2,775 with an average monthly rent of $1,654.
How much are larger Three and Four Bedroom Rentals in Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Raleigh range from $829 to $1,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $1,545.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.