Cheap Homes for Rent in Walnut Grove Neighborhood of Memphis, TN from $600 (29 Rentals)

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Cheap Homes 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.

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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.

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Showing Results 1-29, Page 1 of 1

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

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Frequently Asked Questions about Walnut Grove

What type of rentals are currently available in Walnut Grove?

There are currently 105 Apartments for Rent in Walnut Grove, TN with pricing that ranges from $581 to $5,705. There are also 208 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Grove ranging from $650 to $6,000.

What is the current price range for Rental Homes in Walnut Grove?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Grove ranges from $650 to $6,000 with an average monthly rent of $1,975.

How much are larger Three and Four Bedroom Rentals in Walnut Grove?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Grove range from $815 to $5,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,550.

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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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.

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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.

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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.

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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.