Cheap Apartments for Rent in the Walnut Grove Neighborhood of Memphis, TN from $400 (64 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Walnut Grove area of Memphis.

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
4015 Summer Ave
1 to 2 Bedroom Apartments

4015 Summer Ave

4015 Summer AveMemphis, TN 38122
  • Utilities Included
close
View Me
Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included
close
View Me
2718 Claudette Rd
1 to 3 Bedroom Apartments

2718 Claudette Rd

2718 Claudette RdMemphis, TN 38118
  • Utilities Included
close
View Me
Summer Oaks Apartments
2 Bedroom Apartments

Summer Oaks Apartments

4030 Summer AveMemphis, TN 38122
Senior Living
  • Utilities Included
close
View Me
The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
  • Utilities Included
close
View Me
Champaign Place
1 Bedroom Apartments

Champaign Place

2715 Cherry RdMemphis, TN 38118
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Walnut Grove, Memphis, TN Local Guide

Cheapest Available Walnut Grove Apartments for Rent

 

The cheapest available apartment rental in the Walnut Grove area of Memphis, TN is a Studio unit found at The Residences at Lakeview priced from $581. The Trails at Mt. Moriah has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Walnut Grove apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$700
Oak Grove FlatsStudioStudio,1BA$745
Camelot Manor1 Bed, 1 bath1BR,1BA$749
Cherry Creek Apartments1 Bedroom1BR,1BA$795
Tranquility at Hickory Hill Senior ApartmentsStudioStudio,1BA$850
Hickory PointeOne Bedroom1BR,1BA$850
The Brooklyn1 Bedroom-Classic1BR,1BA$850
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$905

Best Value Apartments for Rent in Walnut Grove, TN

As of May 02, 2025 the best value apartment in the Walnut Grove area is the $0.98 price per square foot Two bedroom x 1.5 Bath Model at Ridgeway Commons Townhomes in the in the Germantown neighborhood starting from $1,275. The second greatest value Walnut Grove apartment is the Dupree Model at Poplar Place Townhomes starting at $1,175 with a $0.99 price per square foot in the Germantown neighborhood. Here is today’s list of the best values for Walnut Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgeway Commons TownhomesTwo bedroom x 1.5 Bath2BR,1.5BA$0.98
Poplar Place TownhomesDupree2BR,1.5BA$0.99
The Trails at Mt. Moriah1 bed 1 bath I1BR,1BA$1.13
Macon Manor2 Bedroom 1 Bathroom2BR,1BA$1.15
The SummereastB22BR,1.5BA$1.22
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.10
Mendenhall Gardens1A1BR,1BA$1.25
Oak Grove Flats1BR1BR,1BA$1.16
Hickory PointeOne Bedroom1BR,1BA$1.27
Camelot Manor1 Bed, 1 bath1BR,1BA$1.15

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
Walnut Grove, Memphis, TN

Ranked #78

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Memphis, TN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Walnut Grove Apartments

What is the Cheapest Studio apartment in Walnut Grove?

Currently the most affordable Cheap Studio Apartment in Walnut Grove is at The Residences at Lakeview listed at $581.

How much is rent for a Cheap One Bedroom Walnut Grove Apartment?

The lowest price for a Cheap One Bedroom Walnut Grove Apartment is $660 at The Residences at Lakeview.

What is the lowest price for a Cheap Two Bedroom Walnut Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Walnut Grove is starting from $736 at The Residences at Lakeview.

What is the most affordable Walnut Grove Three Bedroom Apartment?

The best deal on a cheap Walnut Grove Three Bedroom Apartment rental is at The Residences at Lakeview and starts from $815.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.