
Cheap Apartments for Rent in the Forest Hill Neighborhood of Memphis, TN from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Forest Hill area of Memphis.


Courtyard @ Waring Park

Edgewater Apartments

Greenbrook at Shelby Farms

Brentwood Apartments

Tanglewood

The Stella Apartments

Meadows of Memphis Apartments

Canterbury Woods Apartments

Deerfield Apartments

Highland Chateau

Arbors of Century Center

The Glen Townhomes
Forest Hill, Memphis, TN Local Guide

How much does it cost to rent an apartment in Forest Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Forest Hill Studio Apartments | $1,295 | $1,209 | $1,382 |
Forest Hill 1 Bedroom Apartments | $1,191 | $765 | $2,053 |
Forest Hill 2 Bedroom Apartments | $1,422 | $775 | $2,538 |
Forest Hill 3 Bedroom Apartments | $1,667 | $1,010 | $2,820 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Forest Hill Neighborhood of Memphis, TN.
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Forest Hill, Memphis, TN Local Guide
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Cheapest Available Forest Hill Apartments for Rent
 The cheapest available apartment rental in the Forest Hill area of Memphis, TN is a 2 Beds unit found at Courtyard @ Waring Park priced from $775. Edgewater Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Forest Hill apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courtyard @ Waring Park | 2x1 (700) | 2BR,1BA | $775 |
Edgewater Apartments | 1BR/1BA | 1BR,1BA | $799 |
Abington | 2 Bed / 2 Bath – Spacious Townhome | 2BR,1BA | $800 |
Summer Trace Apartments | The Bonelli | 2BR,1BA | $840 |
Greenbrook at Shelby Farms | Sycamore | 1BR,1BA | $843 |
Best Value Apartments for Rent in Forest Hill, TN
As of April 14, 2025 the best value apartment in the Forest Hill area is the $1.12 price per square foot Magellan - 2 Bed, 2 Bath Model at The Stella Apartments in the in the East Memphis neighborhood starting from $1,170. The second greatest value Forest Hill apartment is the 2 BD Model at The Glen Townhomes starting at $1,040 with a $1.02 price per square foot in the Forest Hill neighborhood. Here is today’s list of the best values for Forest Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Stella Apartments | Magellan - 2 Bed, 2 Bath | 2BR,2BA | $1.12 |
The Glen Townhomes | 2 BD | 2BR,1.5BA | $1.02 |
Abington | 2 Bed / 2 Bath – Spacious Townhome | 2BR,1.5BA | $0.89 |
Summer Trace Apartments | The Bonelli | 2BR,1BA | $1.05 |
Meadows of Memphis Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.10 |
Greenbrook at Shelby Farms | Pine | 1BR,1BA | $1.18 |
Edgewater Apartments | 1BR/1BA | 1BR,1BA | $1.07 |
Sycamore Lake | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
Deerfield Apartments | 1.1 | 1BR,1BA | $1.13 |
Courtyard @ Waring Park | 2x1 (700) | 2BR,1BA | $1.11 |
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Pet Friendly LifestyleForest Hill, Memphis, TN
Ranked #64
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee including Forest Hill, Memphis, and the greater Memphis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Forest Hill Apartments
How much is rent for a Cheap One Bedroom Forest Hill Apartment?
The lowest price for a Cheap One Bedroom Forest Hill Apartment is $799 at Edgewater Apartments.
What is the lowest price for a Cheap Two Bedroom Forest Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Forest Hill is starting from $775 at Courtyard @ Waring Park.
What is the most affordable Forest Hill Three Bedroom Apartment?
The best deal on a cheap Forest Hill Three Bedroom Apartment rental is at Summer Trace Apartments and starts from $1,010.
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.