Cheap Apartments for Rent in the Toni Pendleton Neighborhood of Memphis, TN from $500 (16 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Kimball Park
1 to 3 Bedroom Apartments

Kimball Park

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

3073 Sharpe Ave

3073 Sharpe AveMemphis, TN 38114
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Lamar Crossing
1 to 4 Bedroom Apartments

Lamar Crossing

2881 Lamar AveMemphis, TN 38114

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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 Studio unit found at Woodlake priced from $599. El Dorado has the second lowest priced unit, which is a 1 Bed apartment currently listed from $602. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
WoodlakeEfficiencyStudio,1BA$599
El Dorado1 Bedroom1BR,1BA$602
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$675
Sunrise Terrace Apartments1 Bedroom1BR,1BA$690
Coronado Manor1 bedroom1BR,1BA$699

Best Value Apartments for Rent in Toni Pendleton, TN

As of April 30, 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 Addison I Model at Addison Apartments III starting at $1,050 with a $1.35 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
Addison Apartments IIIAddison I2BR,1BA$1.35
Bridgeport Manor2 Beds, 1 bath2BR,1BA$1.07
Sunrise Terrace Apartments1 Bedroom1BR,1BA$0.99
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$1.05
El Dorado1 Bedroom1BR,1BA$1.03
Coronado Manor1 bedroom1BR,1BA$1.25
WoodlakeEfficiencyStudio ,1BA$2.00

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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 $588, while the average apartment in Toni Pendleton costs $2,675.

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.

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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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.