1646 S Orleans St
MemphisTN38106
Cheap Homes for Rent in Yale Yards Neighborhood of Memphis, TN from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Yale Yards area of Memphis.
1271 CARROLTON Rd
MemphisTN38127
1918 Lapaloma St
MemphisTN38114
1407 Ferguson Rd
MemphisTN38106
2601 Kenner Ave
MemphisTN38114
1485 E Mallory Ave
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.
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$8401 Bedroom Apartments Available Now
1201 Elliston Rd
1201 Elliston RdMemphis, TN 38106
666 E Mallory Ave
MemphisTN38106
1659 Cooper St
MemphisTN38114
2610 Lowell Ave
MemphisTN38114
1991 S Dianne Cir
MemphisTN38114
983 E Person Ave
MemphisTN38106
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 | $915 | $750 | $1,195 |
| Yale Yards 3 Bedroom Homes for Rent | $1,203 | $850 | $1,600 |
| Yale Yards 4 Bedroom Homes for Rent | $1,458 | $1,150 | $1,645 |
Browse Homes for Rent 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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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 $495. Longview Heights has the second lowest priced unit, which is a 2 Beds apartment currently listed from $602. 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 | $495 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $602 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $800 |
| Ruby Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $865 |
Best Value Apartments for Rent in Yale Yards, TN
As of January 27, 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 $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 | $0.63 |
| Airways | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.28 |
Frequently Asked Questions about Yale Yards
What type of rentals are currently available in Yale Yards?
There are currently 35 Apartments for Rent in Yale Yards, TN with pricing that ranges from $595 to $1,169. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yale Yards ranging from $500 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 $500 to $1,645 with an average monthly rent of $1,062.
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.