2876 Cela Rd
MemphisTN38128
Cheap Homes for Rent in Raleigh Neighborhood of Memphis, TN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Raleigh area of Memphis.
3816 Tessland Rd
MemphisTN38128
1937 N Graham St
MemphisTN38108
3707 Wolf Trail Dr
MemphisTN38128
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
2106 Charleston Rd
MemphisTN38128
2929 Bede Rd
MemphisTN38128
3629 Hawkins Mill Rd
MemphisTN38128
2124 Brighton Rd
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.
Showing Results 1-8, 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 | $1,196 | $1,095 | $1,295 |
| Raleigh 3 Bedroom Homes for Rent | $1,355 | $895 | $1,830 |
| Raleigh 4 Bedroom Homes for Rent | $1,759 | $975 | $2,050 |
| Raleigh 5 Bedroom Homes for Rent | $1,805 | $1,560 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
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Raleigh, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $600. The Summit Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. 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 | $600 |
| The Summit Apartments | Ash | 1BR,1BA | $718 |
| Walden Pointe | One Bedroom 1X1C | 1BR,1BA | $720 |
Best Value Apartments for Rent in Raleigh, TN
As of September 19, 2025 the best value apartment in the Raleigh area is the $0.70 price per square foot 3 Bed / 2 Bath - Family Option Model at Lakes at Epping Way in the in the Raleigh neighborhood starting from $975. The second greatest value Raleigh apartment is the 2775 The Springs Ct Model at 2775 The Springs Ct, Unit 2777 starting at $850 with a $0.81 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. |
|---|---|---|---|
| Lakes at Epping Way | 3 Bed / 2 Bath - Family Option | 3BR,2BA | $0.70 |
| 2775 The Springs Ct, Unit 2777 | 2775 The Springs Ct | 2BR,1.5BA | $0.81 |
| Hilldale Apartments | 3x1 | 3BR,1.5BA | $0.83 |
| Lexington Apartments | 22G50 | 2BR,2BA | $0.96 |
| Beverly Springs | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.84 |
| Scenic Hills Apartments | 2 Bedroom Flat | 2BR,1BA | $1.05 |
| Luxe at Raleigh | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.12 |
| Avery Park Apartments | 2X1 | 2BR,1BA | $1.10 |
| Huntington Hills | 1 BR/ 1 BA | 1BR,1BA | $1.12 |
| Jamesbridge | 1 Bed / 1 Bath - Comfort Option | 1BR,1BA | $1.12 |
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Pet Friendly LifestyleRaleigh, 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 Raleigh
What type of rentals are currently available in Raleigh?
There are currently 43 Apartments for Rent in Raleigh, TN with pricing that ranges from $598 to $1,495. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $745 to $2,050.
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 $745 to $2,050 with an average monthly rent of $1,372.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
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.