Cheap Homes for Rent in Victorian Village Neighborhood of Memphis, TN from $500 (37 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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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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Showing Results 1-37, Page 1 of 1

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. Overton Place has the second lowest priced unit, which is a Studio apartment currently listed from $725. 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
Overton PlaceStudioStudio,1BA$725
Helix at the District1 Bedroom 1 Bathroom1BR,1BA$750
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Pulse1 Bedroom 1 Bathroom1BR,1BA$779
Crescent Bluff11A501BR,1BA$784
Cherokee ArmsStandard StudioStudio,1BA$789
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$799
Kimbrough TowersStudio 1 BathroomStudio,1BA$800

Best Value Apartments for Rent in Victorian Village, TN

As of December 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 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown 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
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
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$1.04
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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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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Frequently Asked Questions about Victorian Village

What type of rentals are currently available in Victorian Village?

There are currently 609 Apartments for Rent in Victorian Village, TN with pricing that ranges from $525 to $10,308. There are also 172 Single Family Homes for rent, Condos, and Townhome rentals currently available in Victorian Village ranging from $550 to $4,900.

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 $550 to $4,900 with an average monthly rent of $1,800.

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 $950 to $3,490. Four Bedroom Single-Family rentals are also available starting from $1,095 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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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!