Cheap Apartments for Rent in the River Oaks-Kirby-Balmoral Neighborhood of Memphis, TN from $800 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River Oaks-Kirby-Balmoral area of Memphis.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Poplar Pines Apartments
1 to 2 Bedroom Apartments

Poplar Pines Apartments

1867 Poplar Pines DrMemphis, TN 38119
  • Utilities Included

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River Oaks-Kirby-Balmoral, Memphis, TN Local Guide

Cheapest Available River Oaks-Kirby-Balmoral Apartments for Rent

 

The cheapest available apartment rental in the River Oaks-Kirby-Balmoral area of Memphis, TN is a 1 Bed unit found at Mendenhall Gardens priced from $825. MAA Kirby Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,048. Here are the most affordable River Oaks-Kirby-Balmoral apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Mendenhall Gardens1A1BR,1BA$825
MAA Kirby StationHeritage1BR,1BA$1,048
Poplar Place TownhomesDupree2BR,1BA$1,099

Best Value Apartments for Rent in River Oaks-Kirby-Balmoral, TN

As of July 13, 2026 the best value apartment in the River Oaks-Kirby-Balmoral area is the $0.93 price per square foot Fairmont Model at Poplar Place Townhomes in the in the Germantown neighborhood starting from $1,499. The second greatest value River Oaks-Kirby-Balmoral apartment is the 2 Bedroom-2.5 Bath Model at Fairfax Manor Townhomes starting at $1,465 with a $1.09 price per square foot in the Germantown neighborhood. Here is today’s list of the best values for River Oaks-Kirby-Balmoral apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Poplar Place TownhomesFairmont3BR,2.5BA$0.93
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
MAA Park EstateThe Overton2BR,2BA$1.23
Legacy on Lynnfield - NEWLY UPGRADED3x2 Small3BR,1.5BA$1.14
Madison Shelby FarmsThe Rivermorn2BR,1BA$1.54
Century Apartments3 Bedroom3BR,1BA$1.46
Arbors River Oaks ApartmentsCedar1BR,1BA$1.60
Mendenhall Gardens1A1BR,1BA$1.05
The RoxburyA1R1BR,1BA$1.58
MAA Kirby StationLaSalle1BR,1BA$1.72

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
River Oaks-Kirby-Balmoral, Memphis, TN

Ranked #51

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap River Oaks-Kirby-Balmoral Apartments

How much is rent for a Cheap One Bedroom River Oaks-Kirby-Balmoral Apartment?

The lowest price for a Cheap One Bedroom River Oaks-Kirby-Balmoral Apartment is $825 at Mendenhall Gardens.

What is the lowest price for a Cheap Two Bedroom River Oaks-Kirby-Balmoral Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in River Oaks-Kirby-Balmoral is starting from $1,099 at Poplar Place Townhomes.

What is the most affordable River Oaks-Kirby-Balmoral Three Bedroom Apartment?

The best deal on a cheap River Oaks-Kirby-Balmoral Three Bedroom Apartment rental is at Century Apartments and starts from $1,448.

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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