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.

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Cedar Creek Apartments
Studio to 2 Bedroom Apartments

Cedar Creek Apartments

3365 Steve RdMemphis, TN 38111
  • Utilities Included

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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 Emberly Apartments priced from $567. Yugo Memphis Southern has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emberly ApartmentsEFFStudio,1BA$567
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
El Dorado1 Bedroom1BR,1BA$603
Thompson HeightsAmazing Unit2BR,1BA$650
Coronado Manor1 bedroom1BR,1BA$679

Best Value Apartments for Rent in Toni Pendleton, TN

As of December 06, 2025 the best value apartment in the Toni Pendleton area is the $0.35 price per square foot Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $650. The second greatest value Toni Pendleton apartment is the 2 Bedroom w/ Den Model at Shadowbrook Townhomes starting at $800 with a $0.65 price per square foot in the Oakhaven 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.
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.35
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.65
Sherwood FlatsSpacious 3-Bedroom Apartment with In-Unit Washe...3BR,2BA$1.04
Spottswood Manor2 Bedroom Townhome2BR,1.5BA$0.93
Imperial Arms ApartmentsImperial Arms2BR,1BA$0.97
Thompson HeightsAmazing Unit2BR,1BA$0.81
Sunrise Terrace Apartments1 Bedroom1BR,1BA$0.99
WoodlakeOne Bedroom1BR,1BA$1.05
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$1.05
El Dorado1 Bedroom1BR,1BA$1.06

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Pet Friendly Lifestyle
Toni Pendleton, Memphis, TN

Ranked #46

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Toni Pendleton Apartments

What is a cheap apartment in Toni Pendleton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Toni Pendleton is under $780.

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

The cheapest apartment in Toni Pendleton is Emberly Apartments which is listed at $598, while the average apartment in Toni Pendleton costs $1,178.

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 27 regular apartments in Toni Pendleton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Toni Pendleton?

Cheap apartments in Toni Pendleton have an average cost of $257 which is $921 cheaper than the average rent for all rentals in Toni Pendleton.

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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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!