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$7992 Bedroom Apartments Available Now
Grainge Hill Apartments
2281 Ketchum RdMemphis, TN 38114
Cheap Apartments for Rent in the Yale Yards Neighborhood of Memphis, TN from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Yale Yards area of Memphis.
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$649 - $7491 to 2 Bedroom Apartments Available Now
Coronado Manor
2459 Ketchum RdMemphis, TN 38114
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$585 - $9762 Bedroom Apartments Available Now
Longview Gardens
1726 S Orleans StMemphis, TN 38106
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$865 - $9952 to 3 Bedroom Apartments Available Now
Ruby Oaks Apartments
2464 Ruby Oaks DrMemphis, TN 38106
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$641 - $7682 Bedroom Apartments Available Now
Longview Heights
1952 Philsar StMemphis, TN 38106
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Showing Results 1-12, Page 1 of 1
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 | $649 | $900 |
| Yale Yards 2 Bedroom Apartments | $679 | $635 | $895 |
| Yale Yards 3 Bedroom Apartments | $995 | $995 | $995 |
Browse Apartments in this Neighborhood
There are currently 12 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 Gardens priced from $585. Longview Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $641. 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 | $585 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $641 |
| Coronado Manor | 1 bedroom | 1BR,1BA | $649 |
| Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1BA | $799 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Yale Yards, TN
As of October 25, 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 $641 with a $0.81 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 | $0.81 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $0.74 |
| Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.02 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.28 |
| Coronado Manor | 1 bedroom | 1BR,1BA | $1.16 |
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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 is the price of a cheap apartment in Yale Yards?
The cheapest apartment in Yale Yards is Coronado Manor which is listed at $649, while the average apartment in Yale Yards costs $1,139.
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 9 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.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.