
Cheap Apartments for Rent in the River Oaks-Kirby-Balmoral Neighborhood of Memphis, TN from $500 (1 Rental)
Search the lowest-cost Apartments available for rent right now in the River Oaks-Kirby-Balmoral area of Memphis.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
River Oaks-Kirby-Balmoral, Memphis, TN Local Guide

How much does it cost to rent an apartment in River Oaks-Kirby-Balmoral?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
River Oaks-Kirby-Balmoral Studio Apartments | $671 | $581 | $1,403 |
River Oaks-Kirby-Balmoral 1 Bedroom Apartments | $1,142 | $635 | $3,114 |
River Oaks-Kirby-Balmoral 2 Bedroom Apartments | $1,167 | $736 | $3,480 |
River Oaks-Kirby-Balmoral 3 Bedroom Apartments | $1,722 | $815 | $4,326 |
Explore Memphis
River Oaks-Kirby-Balmoral, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Apartments for Rent in River Oaks-Kirby-Balmoral, TN
As of May 10, 2025 the best value apartment in the River Oaks-Kirby-Balmoral area is the $0.86 price per square foot Regency Model at Poplar Place Townhomes in the in the Germantown neighborhood starting from $1,299. The second greatest value River Oaks-Kirby-Balmoral apartment is the B1 Model at The Garden District Apartments starting at $1,895 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Poplar Place Townhomes | Regency | 2BR,2.5BA | $0.86 |
The Garden District Apartments | B1 | 2BR,1.5BA | $1.35 |
The Bridges at Germantown Apartments | C2 | 3BR,2BA | $1.52 |
Arbors River Oaks Apartments | Cedar | 1BR,1BA | $1.75 |
Velo Shelby Farms | Dacordi Garage | 1BR,1BA | $2.25 |
Legacy on Lynnfield | 1x1 | 1BR,1BA | $1.37 |
Roxbury | Berkly | 1BR,1BA | $1.58 |
Century Apartments | 2S | 2BR,1BA | $1.79 |
MAA Kirby Station | LaSalle | 1BR,1BA | $1.86 |
The Residences at Lakeview | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
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
What is the Cheapest Studio apartment in River Oaks-Kirby-Balmoral?
Currently the most affordable Cheap Studio Apartment in River Oaks-Kirby-Balmoral is at The Residences at Lakeview listed at $581.
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 $635 at The Residences at Lakeview.
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 $736 at The Residences at Lakeview.
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 The Residences at Lakeview and starts from $815.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.