Cheap Apartments for Rent in the Winchester Park Neighborhood of Memphis, TN from $300 (106 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

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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property at 820 Maury St

820 Maury St

MemphisTN38107

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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 Studio unit found at Overton Place priced from $725. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Winchester Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Overton PlaceStudioStudio,1BA$725
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$775
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775
PulseA11BR,1BA$779
Crescent Bluff1 Bedroom 1 Bath 50%1BR,1BA$784
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
144 N. Belvedere2 BR, 1 BA2BR,1BA$795
Kimbrough TowersA21BR,1BA$800
The Drew1 Bedroom 1 Bathroom1BR,1BA$800

Best Value Apartments for Rent in Winchester Park, TN

As of July 26, 2025 the best value apartment in the Winchester Park area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value Winchester Park apartment is the 151 N Evergreen St Model at 151 N Evergreen St, Unit 151 N Evergreen starting at $1,600 with a $0.97 price per square foot in the East 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.
1468 Snowden AveSpacious2BR,1.5BA$0.89
151 N Evergreen St, Unit 151 N Evergreen151 N Evergreen St3BR,1BA$0.97
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
1058 Peabody Ave1058 Peabody Ave - 121BR,1BA$1.04
Peabody Village2 Beds, 1 Baths2BR,1BA$1.08
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.06
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10

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 #4

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!

Getting Around the Winchester Park Neighborhood in Memphis, TN

Walk Score®

72 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

49 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Winchester Park Apartments

What is a cheap apartment in Winchester Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Winchester Park is under $800.

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

The cheapest apartment in Winchester Park is Owens Place Townhomes which is listed at $760, while the average apartment in Winchester Park costs $13,450.

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 39 regular apartments in Winchester Park 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 Winchester Park?

Cheap apartments in Winchester Park have an average cost of $116 which is $13,334 cheaper than the average rent for all rentals in Winchester Park.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.