Cheap Homes for Rent in Victorian Village Neighborhood of Memphis, TN from $500 (54 Rentals)

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

property at 124 Monroe Ave

124 Monroe Ave

MemphisTN38103

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 Studio unit found at Pulse priced from $634. Melrose Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Victorian Village apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
PulseS1Studio,1BA$634
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Overton PlaceStudioStudio,1BA$725
Kings Reserve MemphisPeabodyStudio,1BA$725
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Central GardensStudio One Bath1BR,1BA$775
Indigo RiverviewPowellStudio,1BA$779
Crescent Bluff11A501BR,1BA$784
Cherokee ArmsStandard StudioStudio,1BA$789

Best Value Apartments for Rent in Victorian Village, TN

As of November 07, 2025 the best value apartment in the Victorian Village area is the $1.09 price per square foot 2 Bedroom - Urban Model at Uptown Square Apartments in the in the Downtown Memphis neighborhood starting from $1,260. The second greatest value Victorian Village apartment is the 2-D Model at Uptown Flats starting at $1,140 with a $1.00 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.
Uptown Square Apartments2 Bedroom - Urban2BR,2BA$1.09
Uptown Flats2-D2BR,2BA$1.00
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.16
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
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

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Pet Friendly Lifestyle
Victorian Village, Memphis, TN

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Victorian Village

What type of rentals are currently available in Victorian Village?

There are currently 611 Apartments for Rent in Victorian Village, TN with pricing that ranges from $525 to $12,393. There are also 167 Single Family Homes for rent, Condos, and Townhome rentals currently available in Victorian Village ranging from $625 to $5,000.

What is the current price range for Rental Homes in Victorian Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Victorian Village ranges from $625 to $5,000 with an average monthly rent of $1,811.

How much are larger Three and Four Bedroom Rentals in Victorian Village?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Victorian Village range from $995 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $834 to $4,000. Four Bedroom Single-Family rentals are also available starting from $984 and Four Bedroom Apartments start at $2,100.

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.