
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.


Longview Gardens

Longview Heights

Ruby Oaks Apartments

2309 Warren St

Edgewood Mobile Home And Rv Park
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1347 Ferguson Rd

Grainge Hill Apartments

Thompson Court Apartments

Coronado Manor

Crane Manor Apartments

Airways
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Astro Airways Villa Apartments
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 1 Bedroom Apartments | $766 | $750 | $900 |
| Yale Yards 2 Bedroom Apartments | $672 | $602 | $900 |
| 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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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 Gardens priced from $552. Longview Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $619. Here are the most affordable Yale Yards apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Longview Gardens | 2 Bedroom | 2BR,1BA | $552 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $619 |
| 2309 Warren St | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $750 |
| 1831 Castalia St | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Yale Yards, TN
As of June 10, 2026 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 1BR/1BA Model at Whispering Pines Apartments starting at $750 with a $0.83 price per square foot in the East 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 |
| Whispering Pines Apartments | 1BR/1BA | 1BR,1BA | $0.83 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $0.70 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.79 |
| 1831 Castalia St | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.20 |
| 2309 Warren St | 1 Beds, 1 Baths | 1BR,1BA | $1.06 |
Frequently Asked Questions about Cheap Yale Yards Apartments
What is the price of a cheap apartment in Yale Yards?
The cheapest apartment in Yale Yards is 2309 Warren St which is listed at $650, while the average apartment in Yale Yards costs $995.
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 3 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
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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