Cheap Homes for Rent in Turner Park Neighborhood of Memphis, TN from $500 (5 Rentals)

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

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Cheapest Available Turner Park Apartments for Rent

 

The cheapest available apartment rental in the Turner Park area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. 1154 Wilson St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Turner Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
1154 Wilson St1 Bed, 1 bath1BR,1BA$699
The Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849

Best Value Apartments for Rent in Turner Park, TN

As of February 01, 2026 the best value apartment in the Turner Park area is the $1.09 price per square foot 2BR/1.0BA Model at Goodbar Townhomes in the in the Medical District neighborhood starting from $995. The second greatest value Turner Park apartment is the Two Bedroom One Bath Model at Central Gardens starting at $975 with a $1.12 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for Turner Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Central GardensTwo Bedroom One Bath2BR,1BA$1.12
1154 Wilson St1 Bed, 1 bath1BR,1BA$0.87
The Melrose MidtownThe Kira1BR,1BA$1.73
The Bonsai at Central Gardens1 Bedroom 1 Bath1BR,1BA$1.87
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$1.16

Frequently Asked Questions about Turner Park

What type of rentals are currently available in Turner Park?

There are currently 103 Apartments for Rent in Turner Park, TN with pricing that ranges from $695 to $2,100. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Turner Park ranging from $550 to $4,900.

What is the current price range for Rental Homes in Turner Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Turner Park ranges from $550 to $4,900 with an average monthly rent of $1,559.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.