1455 Eloise Rd
MemphisTN38106
Cheap Homes for Rent in Yale Yards Neighborhood of Memphis, TN from $500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Yale Yards area of Memphis.
1646 S Orleans St
MemphisTN38106
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1918 Lapaloma St
MemphisTN38114
2601 Kenner Ave
MemphisTN38114
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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Yale Yards, Memphis, TN Local Guide
How much does it cost to rent a home in Yale Yards?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Yale Yards 2 Bedroom Homes for Rent | $916 | $750 | $1,195 |
| Yale Yards 3 Bedroom Homes for Rent | $1,192 | $965 | $1,395 |
| Yale Yards 4 Bedroom Homes for Rent | $1,381 | $950 | $1,645 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Yale Yards Neighborhood of Memphis, TN.
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Best Value Apartments for Rent in Yale Yards, TN
As of March 14, 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 2 Bed / 1 Bath Model at Longview Heights starting at $615 with a $0.78 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 | $0.78 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $0.69 |
| 1831 Castalia St | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.20 |
Frequently Asked Questions about Yale Yards
What type of rentals are currently available in Yale Yards?
There are currently 37 Apartments for Rent in Yale Yards, TN with pricing that ranges from $595 to $1,649. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yale Yards ranging from $525 to $1,645.
What is the current price range for Rental Homes in Yale Yards?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Yale Yards ranges from $525 to $1,645 with an average monthly rent of $1,030.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.