Cheap Apartments for Rent in the Victorian Village Neighborhood of Memphis, TN from $300 (121 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Victorian Village area of Memphis.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Victorian Village, Memphis, TN Local Guide

Cheapest Available Victorian Village Apartments for Rent

 

The cheapest available apartment rental in the Victorian Village area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. Greenlaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Victorian Village apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
The Pulse Apartments1 Bedroom 1 Bathroom1BR,1BA$779
Cherokee ArmsStandard StudioStudio,1BA$789
Kings Reserve MemphisBeale Corner Grande1BR,1BA$800
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
The Kendall2BR/1.0BA2BR,1BA$815
Overton Place2 Bedroom Gardens I2BR,1BA$825

Best Value Apartments for Rent in Victorian Village, TN

As of January 01, 2026 the best value apartment in the Victorian Village area is the $0.81 price per square foot 2 Bed 1.5 Bath Model at Stonewall Apartments in the in the Midtown Memphis neighborhood starting from $895. The second greatest value Victorian Village apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Victorian Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.05
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Edison ParkTwo Bedroom TownhomeStudio ,1BA$0.99
Central GardensTwo Bedroom One Bath2BR,1BA$1.12
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.15

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Victorian Village, Memphis, TN

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, family-friendliness, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Victorian Village Apartments

What is the Cheapest Studio apartment in Victorian Village?

Currently the most affordable Cheap Studio Apartment in Victorian Village is at The Pulse Apartments listed at $634.

How much is rent for a Cheap One Bedroom Victorian Village Apartment?

The lowest price for a Cheap One Bedroom Victorian Village Apartment is $695 at Melrose Court Apartments.

What is the lowest price for a Cheap Two Bedroom Victorian Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Victorian Village is starting from $750 at Greenlaw Apartments.

What is the most affordable Victorian Village Three Bedroom Apartment?

The best deal on a cheap Victorian Village Three Bedroom Apartment rental is at Bickford Square Apartments and starts from $995.

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

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.