Cheap Apartments for Rent in the Toni Pendleton Neighborhood of Memphis, TN from $500 (23 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 4 Beds unit found at Yugo Memphis Southern priced from $599. Creekside Meadows has the second lowest priced unit, which is a 1 Bed apartment currently listed from $609. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$609
Coronado Manor1 bedroom1BR,1BA$649
Thompson HeightsAmazing Unit2BR,1BA$650
Manor Park Apartments1 Bed / 1 Bath1BR,1BA$700

Best Value Apartments for Rent in Toni Pendleton, TN

As of October 22, 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 $695 with a $0.38 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$0.38
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Spottswood Manor2 Bedroom Townhome2BR,1.5BA$0.93
Imperial Arms ApartmentsImperial Arms2BR,1BA$0.97
Emberly ApartmentsDiamond Remodel - 2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.03
Thompson HeightsAmazing Unit2BR,1BA$0.81
Grainge Hill Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.02
El Dorado2 Bedroom2BR,1.5BA$0.96
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$0.94

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Pet Friendly Lifestyle
Toni Pendleton, Memphis, TN

Ranked #48

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 $799.

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 $3,750.

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 18 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 $1,529 which is $2,221 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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.