Cheap Apartments for Rent in the Winchester Park Neighborhood of Memphis, TN from $350 (206 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 821 Maury St

$749

1 Bedroom Rentals

Available Now

821 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 1 Bed unit found at 195 Hawthrone priced from $595. 1111 N Parkway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Winchester Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
195 Hawthrone1BR/1.0BA1BR,1BA$595
1111 N Parkway1 Beds, 1 Baths1BR,1BA$600
288 Leath St1 Beds, 1 Baths1BR,1BA$625
1298 Carr1BR/1.0BA1BR,1BA$650
148 Stonewall Pl1 BR, 1 BA1BR,1BA$650
Melrose Court Apartments1 Bed, 1 bath1BR,1BA$695
487 Williams Ave2 Beds, 1 Baths2BR,1BA$695
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$725
Helix at the District - Utilities Included1 Bedroom 1 Bathroom1BR,1BA$744
Kimbrough Tower ApartmentsStudio 1 BathroomStudio,1BA$750

Best Value Apartments for Rent in Winchester Park, TN

As of August 21, 2026 the best value apartment in the Winchester Park area is the $1.00 price per square foot 3 Bed 2 Bath Model at 65 N Belvedere Blvd in the in the Midtown Memphis neighborhood starting from $1,350. The second greatest value Winchester Park apartment is the 2 Bed 1.5 Bath Model at Stonewall Apartments starting at $895 with a $0.81 price per square foot in the Midtown 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.
65 N Belvedere Blvd3 Bed 2 Bath3BR,2BA$1.00
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
South Main Artspace Lofts1 Bedroom1BR,1BA$1.02
Goodbar Townhomes2BR/1.0BA2BR,1BA$1.04
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$0.85
1111 N Parkway1 Beds, 1 Baths1BR,1BA$0.75
195 Hawthrone1BR/1.0BA1BR,1BA$0.82
148 Stonewall Pl1 BR, 1 BA1BR,1BA$1.00

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

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Real 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.

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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 #5

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 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 $750.

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

The cheapest apartment in Winchester Park is 195 Hawthrone which is listed at $595, while the average apartment in Winchester Park costs $1,276.

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 188 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 $533 which is $743 cheaper than the average rent for all rentals in Winchester Park.

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.

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