Cheap Homes for Rent in Toni Pendleton Neighborhood of Memphis, TN from $700 (6 Rentals)

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

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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 1 Bed unit found at Coronado Manor priced from $500. El Dorado has the second lowest priced unit, which is a 1 Bed apartment currently listed from $561. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Coronado Manor1 bedroom1BR,1BA$500
El Dorado1 Bedroom1BR,1BA$561
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599

Best Value Apartments for Rent in Toni Pendleton, TN

As of December 11, 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
Emberly ApartmentsDiamond Remodel - 2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.03
Thompson HeightsAmazing Unit2BR,1BA$0.81
El Dorado2 Bedroom2BR,1.5BA$1.01
Sunrise Terrace Apartments1 Bedroom1BR,1BA$0.99
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$1.00

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 Toni Pendleton

What type of rentals are currently available in Toni Pendleton?

There are currently 41 Apartments for Rent in Toni Pendleton, TN with pricing that ranges from $500 to $1,795. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toni Pendleton ranging from $750 to $1,750.

What is the current price range for Rental Homes in Toni Pendleton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Toni Pendleton ranges from $750 to $1,750 with an average monthly rent of $1,226.

How much are larger Three and Four Bedroom Rentals in Toni Pendleton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Toni Pendleton range from $759 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $599.

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.

Articles, How-To's, and Tips

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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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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

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!