
Cheap Apartments for Rent in the Dison Peterson Neighborhood of Memphis, TN from $300 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dison Peterson area of Memphis.


2173 Kansas St

Longview Heights

Longview Gardens

Manor Park Apartments

1493 Gaither St

Ruby Oaks Apartments

1379 Ferguson Rd

Bonsai at Central Gardens
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

National Rose Co.

1895 S Lauderdale St

The Marine Residence

The Melrose Midtown

South Junction Apartments

South Line at Central Station

1261 Central Ave

Belvedere Place

The Tennessee Brewery
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Dison Peterson, Memphis, TN Local Guide

How much does it cost to rent an apartment in Dison Peterson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Dison Peterson Studio Apartments | $1,193 | $949 | $1,615 |
Dison Peterson 1 Bedroom Apartments | $1,567 | $590 | $2,797 |
Dison Peterson 2 Bedroom Apartments | $1,845 | $623 | $3,765 |
Dison Peterson 3 Bedroom Apartments | $2,361 | $995 | $4,369 |
Dison Peterson 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Dison Peterson Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Dison Peterson, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Dison Peterson Apartments for Rent
 The cheapest available apartment rental in the Dison Peterson area of Memphis, TN is a 2 Beds unit found at Longview Heights priced from $630. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $688. Here are the most affordable Dison Peterson apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $630 |
Longview Gardens | 2 Bedroom | 2BR,1BA | $688 |
Manor Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $700 |
Central Gardens | Studio One Bath | 1BR,1BA | $775 |
Ruby Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $865 |
Bonsai at Central Gardens | Studio- without Washer/Dryer | Studio,1BA | $949 |
Crescent Bluff | One Bedroom One Bath 60% | 1BR,1BA | $955 |
Goodbar Townhomes | 2 Beds, 1 Baths | 2BR,1BA | $995 |
South Junction Apartments | The Edge | Studio,1BA | $999 |
South Line at Central Station | studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Dison Peterson, TN
As of May 14, 2025 the best value apartment in the Dison Peterson area is the $1.14 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,725. The second greatest value Dison Peterson apartment is the 2 Beds, 2 baths Model at Ruby Oaks Apartments starting at $895 with a $0.95 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Dison Peterson apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Marine Residence | 2 Bedroom | 2BR,2BA | $1.14 |
Ruby Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.95 |
South Bluffs Apartments | 1 BD/ 1 BA 860 | 1BR,1BA | $1.62 |
Longview Gardens | 2 Bedroom | 2BR,1BA | $0.87 |
Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.80 |
Goodbar Townhomes | 2 Beds, 1 Baths | 2BR,1BA | $1.32 |
Crescent Bluff | One Bedroom One Bath 60% | 1BR,1BA | $1.28 |
Belvedere Place | Studio | Studio ,1BA | $1.54 |
Manor Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.12 |
Central Gardens | Studio One Bath | 1BR,1BA | $1.46 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDison Peterson, Memphis, TN
Ranked #27
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Dison Peterson Apartments
What is a cheap apartment in Dison Peterson?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dison Peterson is under $999.
What is the price of a cheap apartment in Dison Peterson?
The cheapest apartment in Dison Peterson is Manor Park Apartments which is listed at $700, while the average apartment in Dison Peterson costs $2,380.
What types of apartments are the cheapest in Dison Peterson?
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 39 regular apartments in Dison Peterson 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 Dison Peterson?
Cheap apartments in Dison Peterson have an average cost of $204 which is $2,176 cheaper than the average rent for all rentals in Dison Peterson.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.