
Cheap Apartments for Rent in the Central Gardens Neighborhood of Memphis, TN from $500 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Gardens area of Memphis.


Village Square

Parkside Poplar Apartments

Belvedere Gardens Condominiums

Crescendo Apartments

129 Stonewall St

Peabody Place

Azur Tower

The Courts Midtown

Overton Garden Apartments

Bonsai at Central Gardens

Eleven60

2038 Southern Ave

Art Lofts @ Overton

The Melrose Midtown

1261 Central Ave

189 Barksdale

Courtyard @ 1161 Poplar

The Biltmore - McAlpin Apartments

Peabody Falls Apartments

Madison Gardens Apartments
Central Gardens, Memphis, TN Local Guide

How much does it cost to rent an apartment in Central Gardens?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Gardens Studio Apartments | $1,081 | $634 | $2,540 |
Central Gardens 1 Bedroom Apartments | $1,454 | $695 | $3,090 |
Central Gardens 2 Bedroom Apartments | $1,670 | $895 | $4,378 |
Central Gardens 3 Bedroom Apartments | $2,519 | $1,195 | $4,426 |
Central Gardens 4 Bedroom Apartments | $4,046 | $2,100 | $7,540 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Central Gardens Neighborhood of Memphis, TN.
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Central Gardens, Memphis, TN Local Guide
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Cheapest Neighborhoods for Apartments in Central Gardens, TN
Pricing Updated: 03/21/2025Current apartment rentals in the Central Gardens, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Central Gardens Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Central Gardens Apartments for Rent
 The cheapest available apartment rental in the Central Gardens area of Memphis, TN is a 1 Bed unit found at Village Square priced from $695. The Gilmore has the second lowest priced unit, which is a Studio apartment currently listed from $738. Here are the most affordable Central Gardens apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Square | 2048 #2 | 1BR,1BA | $695 |
The Gilmore | Small Efficiency | Studio,1BA | $738 |
Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
Central Gardens | Studio One Bath | 1BR,1BA | $775 |
Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $795 |
Park Terrace | Studio | Studio,1BA | $850 |
Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $850 |
Crescendo Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
Belvedere Gardens Condominiums | 2x1 Bath without W/D | 2BR,1BA | $875 |
Best Value Apartments for Rent in Central Gardens, TN
As of March 21, 2025 the best value apartment in the Central Gardens area is the $0.40 price per square foot 2006 Felix Ave Model at 2006 Felix Ave, Unit 1 in the in the East Memphis neighborhood starting from $700. The second greatest value Central Gardens apartment is the 1229 Vinton Ave Model at 1229 Vinton Ave, Unit 1 starting at $1,150 with a $0.85 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for Central Gardens apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2006 Felix Ave, Unit 1 | 2006 Felix Ave | 1BR,1BA | $0.40 |
1229 Vinton Ave, Unit 1 | 1229 Vinton Ave | 2BR,1BA | $0.85 |
The Avalon | 2 Bed/2 Bath | 2BR,2BA | $1.04 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
Urban Peddler | 2BR 1BA Renovated | 2BR,1BA | $1.23 |
Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $0.91 |
Parkside Poplar Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
Idlewild Terrace | 1BR/1.0BA | 1BR,1BA | $0.99 |
Peabody Place | One Bedroom | 1BR,1BA | $1.12 |
Village Square | 2036 #1 | 1BR,1BA | $1.26 |
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Pet Friendly LifestyleCentral Gardens, Memphis, TN
Ranked #13
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Gardens Apartments
What is a cheap apartment in Central Gardens?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Gardens is under $875.
What is the price of a cheap apartment in Central Gardens?
The cheapest apartment in Central Gardens is Village Square which is listed at $695, while the average apartment in Central Gardens costs $14,070.
What types of apartments are the cheapest in Central Gardens?
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 627 regular apartments in Central Gardens that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Gardens?
Cheap apartments in Central Gardens have an average cost of $326 which is $13,744 cheaper than the average rent for all rentals in Central Gardens.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.