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$581 - $625Studio Apartments Available Now
The Residences at Lakeview
2774 S Mendenhall RdMemphis, TN 38115
Cheap Studio Apartments for Rent in the Walnut Grove Neighborhood of Memphis, TN from $581 (8 Rentals)
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$895Studio Apartments Available Now
Tranquility at Hickory Hill Senior Apartments
2990 Hickory Hill RdMemphis, TN 38115
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$999Studio Apartments Contact Us For Availability
240 Flats
5811 Poplar AveMemphis, TN 38119
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$1,200Studio Apartments Available Now
Brookhaven Lofts
728 E Brookhaven CirMemphis, TN 38117
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
2705-2715 Cherry Rd
MemphisTN38118
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Studio Apartments
Elite Living Residence
5225 Summer AveMemphis, TN 38122
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Studio Apartments
The Embassy Apartments
505 S Perkins RdMemphis, TN 38117
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Rent Specials
$1,322 - $1,504Studio Apartments Available Now
Velo Shelby Farms
599 Velo DrCordova, TN 38018
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Walnut Grove, Memphis, TN Local Guide
How much does it cost to rent an apartment in Walnut Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Walnut Grove Studio Apartments | $802 | $581 | $1,720 |
| Walnut Grove 1 Bedroom Apartments | $1,071 | $635 | $2,832 |
| Walnut Grove 2 Bedroom Apartments | $1,219 | $667 | $3,745 |
| Walnut Grove 3 Bedroom Apartments | $1,756 | $875 | $2,711 |
| Walnut Grove 4 Bedroom Apartments | $1,620 | $1,440 | $1,800 |
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Walnut Grove, Memphis, TN Local Guide
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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.
Read ArticleReal 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 ArticleQuick 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 LifestyleWalnut Grove, Memphis, TN
Ranked #29
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Walnut Grove Apartments
What is a cheap apartment in Walnut Grove?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Grove is under $850.
What is the price of a cheap apartment in Walnut Grove?
The cheapest apartment in Walnut Grove is The Residences at Lakeview which is listed at $581, while the average apartment in Walnut Grove costs $1,689.
What types of apartments are the cheapest in Walnut Grove?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Walnut Grove that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Walnut Grove?
Cheap apartments in Walnut Grove have an average cost of $350 which is $1,339 cheaper than the average rent for all rentals in Walnut Grove.
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
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.