
Cheap Apartments for Rent in the Yale Yards Neighborhood of Memphis, TN from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Yale Yards area of Memphis.


Coronado Manor

Longview Gardens

Ruby Oaks Apartments

Longview Heights
Yale Yards, Memphis, TN Local Guide

How much does it cost to rent an apartment in Yale Yards?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Yale Yards Studio Apartments | $1,139 | $1,139 | $1,139 |
Yale Yards 1 Bedroom Apartments | $749 | $749 | $749 |
Yale Yards 2 Bedroom Apartments | $675 | $613 | $895 |
Yale Yards 3 Bedroom Apartments | $995 | $995 | $995 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Yale Yards Neighborhood of Memphis, TN.
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Yale Yards, Memphis, TN Local Guide
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Cheapest Available Yale Yards Apartments for Rent
 The cheapest available apartment rental in the Yale Yards area of Memphis, TN is a 2 Beds unit found at Longview Heights priced from $602. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $618. Here are the most affordable Yale Yards apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $602 |
Longview Gardens | 2 Bedroom | 2BR,1BA | $618 |
Coronado Manor | 1 bedroom | 1BR,1BA | $749 |
Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $800 |
Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1BA | $849 |
Best Value Apartments for Rent in Yale Yards, TN
As of September 09, 2025 the best value apartment in the Yale Yards area is the $0.95 price per square foot 2 Beds, 2 baths Model at Ruby Oaks Apartments in the in the South Memphis neighborhood starting from $895. The second greatest value Yale Yards apartment is the 2 Bed / 1 Bath Model at Longview Heights starting at $602 with a $0.76 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Yale Yards apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ruby Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.95 |
Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.76 |
Longview Gardens | 2 Bedroom | 2BR,1BA | $0.78 |
Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.08 |
Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.28 |
Coronado Manor | 1 bedroom | 1BR,1BA | $1.34 |
Furnished Studio-Memphis - Airport | Furnished Studio-Memphis - Airport | Studio ,1BA | $3.80 |
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Pet Friendly LifestyleYale Yards, Memphis, TN
Ranked #50
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Yale Yards Apartments
What types of apartments are the cheapest in Yale Yards?
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 12 regular apartments in Yale Yards that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.