Cheap Apartments for Rent in the Toni Pendleton Neighborhood of Memphis, TN from $500 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Toni Pendleton area of Memphis.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
Kimball Park
1 to 3 Bedroom Apartments

Kimball Park

2861 Kimball AveMemphis, TN 38114
close
View Me
3073 Sharpe Ave
2 Bedroom Apartments

3073 Sharpe Ave

3073 Sharpe AveMemphis, TN 38114

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.

close
View Me
Lamar Crossing
1 to 4 Bedroom Apartments

Lamar Crossing

2881 Lamar AveMemphis, TN 38114

Toni Pendleton, Memphis, TN Local Guide

Cheapest Available Toni Pendleton Apartments for Rent

 

The cheapest available apartment rental in the Toni Pendleton area of Memphis, TN is a 1 Bed unit found at El Dorado priced from $548. Creekside Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
El Dorado1 Bedroom1BR,1BA$548
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$690
Sunrise Terrace Apartments1 Bedroom1BR,1BA$690
Coronado Manor1 bedroom1BR,1BA$749
3570 Spottswood AveStudent Housing5BR,5BA$750

Best Value Apartments for Rent in Toni Pendleton, TN

As of June 15, 2025 the best value apartment in the Toni Pendleton area is the $0.38 price per square foot Student Housing Per Person Model at 3570 Spottswood Ave in the in the East Memphis neighborhood starting from $750. The second greatest value Toni Pendleton apartment is the Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $800 with a $0.43 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Toni Pendleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3570 Spottswood AveStudent Housing Per Person5BR,5BA$0.38
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.43
Addison Apartments IIIAddison I2BR,1BA$1.35
Bridgeport Manor2 Beds, 1 bath2BR,1BA$1.13
Sunrise Terrace Apartments1 Bedroom1BR,1BA$0.99
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$1.07
El Dorado1 Bedroom1BR,1BA$0.96
Coronado Manor1 bedroom1BR,1BA$1.34

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Toni Pendleton Apartments

What is the price of a cheap apartment in Toni Pendleton?

The cheapest apartment in Toni Pendleton is El Dorado which is listed at $548, while the average apartment in Toni Pendleton costs $2,637.

What types of apartments are the cheapest in Toni Pendleton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Toni Pendleton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.