Cheap Homes for Rent in Victorian Village Neighborhood of Memphis, TN from $600 (43 Rentals)

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

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

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 50 Gayoso Ave

$1,190 - $1,650

Studio To 1 Bedroom Rentals

Available Now

50 Gayoso Ave

MemphisTN38103

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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 Studio unit found at The Pulse Apartments 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
The Pulse ApartmentsStudio 1 BathroomStudio,1BA$634
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
Indigo RiverviewEmoryStudio,1BA$773
Crescent Bluff11A501BR,1BA$784
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$785
Cherokee ArmsStandard StudioStudio,1BA$789
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Victorian Village, TN

As of January 20, 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
Overton Place2 Bedroom Gardens I2BR,1BA$0.92
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$1.04
Monroe Flats1 Bedroom, 1 Bathroom1BR,1BA$1.04
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10

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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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 $510 to $5,900. There are also 151 Single Family Homes for rent, Condos, and Townhome rentals currently available in Victorian Village ranging from $650 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 $650 to $4,900 with an average monthly rent of $1,755.

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 $3,300, 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 $1,050 and Four Bedroom Apartments start at $2,100.

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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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.

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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.