Cheap Homes for Rent in the Victorian Village Neighborhood of Memphis, TN from $550 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1111 North Pkwy
$595 - $650
1 Bedroom Rentals
Available Now
Affordability

1111 North Pkwy

MemphisTN38105
property at 820 Maury St
$690
1 Bedroom Rentals
Available Now

820 Maury St

MemphisTN38107

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

property at 1195 Dorothy Pl
$900
1 Bedroom Rentals
Available Now
Affordability

1195 Dorothy Pl

MemphisTN38104

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1261 Central Ave
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1261 Central Ave, Unit 4

1261 Central Ave
MemphisTN38104
  • Smoke Free

The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

property at 1075 Kney St
$1,010

Total Monthly Price

Base Rent$1,010

Total Monthly Price$1,010
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1075 Kney St

MemphisTN38107
property at 109 N Main St
$895 - $1,095
Studio To 1 Bedroom Rentals
Available Now
Affordability

109 N Main St

MemphisTN38103
property at 1542 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1542 Tutwiler Ave

MemphisTN38107
property at 1540 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1540 Tutwiler Ave

MemphisTN38107

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.

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 1298 Carr priced from $550. 1111 N Parkway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable Victorian Village apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
1298 Carr0BR/1.0BAStudio,1BA$550
1111 N Parkway1 Beds, 1 Baths1BR,1BA$595
288 Leath St1 Beds, 1 Baths1BR,1BA$625
The Pulse ApartmentsStudio 1 BathroomStudio,1BA$634
148 Stonewall Pl1 BR, 1 BA1BR,1BA$650
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
487 Williams Ave2 Beds, 1 Baths2BR,1BA$695
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$725
1626 Monroe Ave.1BR/1.0BA1BR,1BA$725
1640 Monroe1BR/1.0BA1BR,1BA$725

Best Value Apartments for Rent in Victorian Village, TN

As of September 05, 2026 the best value apartment in the Victorian Village area is the $0.84 price per square foot 2BR/1.5BA Model at Cgient Properties LLC-3 in the in the Midtown Memphis neighborhood starting from $1,050. 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.
Cgient Properties LLC-32BR/1.5BA2BR,1.5BA$0.84
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Printer's Alley LoftsPAL-A91BR,1BA$1.02
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
57 N Belvedere Blvd, Unit 157 N Belvedere Blvd2BR,1BA$1.03
South Main Artspace Lofts1 Bedroom1BR,1BA$1.02
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$0.85
1111 N Parkway1 Beds, 1 Baths1BR,1BA$0.74
148 Stonewall Pl1 BR, 1 BA1BR,1BA$1.00

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!

Read Article
Decorative image

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Victorian Village, Memphis, TN

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Victorian Village

What type of rentals are currently available in Victorian Village?

There are currently 631 Apartments for Rent in Victorian Village, TN with pricing that ranges from $450 to $5,158. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Victorian Village ranging from $625 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 $625 to $4,900 with an average monthly rent of $1,767.

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 $3,900. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,400.

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.

Helpful Local Expert Guides

decorative image for Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City article

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

decorative image for The Local Memphis Expert's Guide to Renting Near the Citys Top Employers article

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

decorative image for College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive article

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.