Cheap Apartments for Rent in the Winchester Park Neighborhood of Memphis, TN from $300 (120 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Winchester Park area of Memphis.

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property at 820 Maury St

$775 - $785

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107

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Cherokee Arms
$890 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$830 - $840
Required Monthly Fees
$60
Total Monthly Price
$890 - $900
Studio Apartments Available Now

Cherokee Arms

1508 Madison AveMemphis, TN 38104
Pet Friendly
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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.

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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.

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Goodbar Townhomes
$995
Total Monthly Price

Total Monthly Price

Base Rent
$985
Required Monthly Fees
$10
Total Monthly Price
$995
2 Bedroom Apartments Available Now

Goodbar Townhomes

1300 Goodbar AveMemphis, TN 38104
Affordability
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The Broadmoor Apartments
$995
Total Monthly Price

Total Monthly Price

Base Rent
$945
Required Monthly Fees
$50
Total Monthly Price
$995
2 Bedroom Apartments Available Now

The Broadmoor Apartments

290 S Cleveland StMemphis, TN 38104
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Winchester Park, Memphis, TN Local Guide

Cheapest Available Winchester Park Apartments for Rent

 

The cheapest available apartment rental in the Winchester Park area of Memphis, TN is a 1 Bed unit found at Melrose Court Apartments priced from $695. Greenlaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Winchester Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$750
Printer's Alley LoftsPAL-A21BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Edison ParkOne Bedroom High-RiseStudio,1BA$765
The Pulse Apartments1 Bedroom 1 Bathroom1BR,1BA$779
Crescent Bluff11A501BR,1BA$784
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$798
Courtyard @ 1460 Monroe1 Bedroom, 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Winchester Park, TN

As of February 21, 2026 the best value apartment in the Winchester Park 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 Winchester Park 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 Winchester Park 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 MidtownerMidTowner2BR,1BA$1.05
The Broadmoor Apartments2BR/1.0BA2BR,1BA$1.05
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.09
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Central GardensTwo Bedroom One Bath2BR,1BA$1.12
Monroe Flats1 Bedroom, 1 Bathroom1BR,1BA$1.04
Courtyard @ 1460 Monroe1 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
Winchester Park, Memphis, TN

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Tennessee including Winchester Park, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Winchester Park Apartments

What is the price of a cheap apartment in Winchester Park?

The cheapest apartment in Winchester Park is Melrose Court Apartments which is listed at $695, while the average apartment in Winchester Park costs $1,800.

What types of apartments are the cheapest in Winchester Park?

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 58 regular apartments in Winchester Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.