Cheap Apartments for Rent in the Toni Pendleton Neighborhood of Memphis, TN from $500 (20 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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Coronado Manor
1 to 3 Bedroom Apartments

Coronado Manor

2459 Ketchum RdMemphis, TN 38114
  • Utilities Included
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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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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 $547. El Dorado has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emberly ApartmentsEFFStudio,1BA$547
El Dorado1 Bedroom1BR,1BA$554
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Thompson HeightsAmazing Unit2BR,1BA$650
Sunrise Terrace Apartments1 Bedroom1BR,1BA$700

Best Value Apartments for Rent in Toni Pendleton, TN

As of January 21, 2026 the best value apartment in the Toni Pendleton area is the $0.38 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 $695. The second greatest value Toni Pendleton apartment is the 2 Bedroom w/ Den Model at Shadowbrook Townhomes starting at $850 with a $0.69 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$0.38
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
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
Creekside Meadows2 Bedroom 1 Bathroom2BR,1BA$0.86
Thompson HeightsAmazing Unit2BR,1BA$0.81
El Dorado2 Bedroom2BR,1.5BA$0.97
Sunrise Terrace Apartments1 Bedroom1BR,1BA$1.00
WoodlakeOne Bedroom1BR,1BA$1.05

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 $825.

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

The cheapest apartment in Toni Pendleton is El Dorado which is listed at $554, 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 23 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 $294 which is $884 cheaper than the average rent for all rentals in Toni Pendleton.

Expert Rental Resources

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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