Cheap Apartments for Rent in the Hyde Park Neighborhood of Memphis, TN from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Memphis.

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Love Tunica
2 Bedroom Apartments

Love Tunica

1188 Tunica StMemphis, TN 38108
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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108

Hyde Park, Memphis, TN Local Guide

Cheapest Available Hyde Park Apartments for Rent

 

The cheapest available apartment rental in the Hyde Park area of Memphis, TN is a 1 Bed unit found at University Gardens Manor priced from $659. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $728. Here are the most affordable Hyde Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Springdale Creek Apartments1 Bedroom1BR,1BA$728
The GilmoreSmall EfficiencyStudio,1BA$738
Kings Reserve MemphisCentralStudio,1BA$850
Park TerraceStudioStudio,1BA$850

Best Value Apartments for Rent in Hyde Park, TN

As of February 13, 2025 the best value apartment in the Hyde Park area is the $2.20 price per square foot A1 Model at Art Lofts @ Overton in the in the East Memphis neighborhood starting from $1,799. The second greatest value Hyde Park apartment is the The Evergreen Model at The Galloway @ Evergreen - starting at $999 with a $1.25 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Art Lofts @ OvertonA11BR,1BA$2.20
The Galloway @ Evergreen -The Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Parkway Place ApartmentsTwo Bedroom2BR,1BA$1.56
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
At The Park ApartmentsDogwood1BR,1BA$1.85
The Courts MidtownThe Central Garden with W/D1BR,1BA$1.84
Park TerraceStudioStudio ,1BA$1.79
Kings Reserve MemphisCentralStudio ,1BA$2.38
The GilmoreSmall EfficiencyStudio ,1BA$2.67

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Hyde Park Neighborhood in Memphis, TN

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

32 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Hyde Park Apartments

What is the Cheapest Studio apartment in Hyde Park?

Currently the most affordable Cheap Studio Apartment in Hyde Park is at The Gilmore listed at $838.

How much is rent for a Cheap One Bedroom Hyde Park Apartment?

The lowest price for a Cheap One Bedroom Hyde Park Apartment is $659 at University Gardens Manor.

What is the lowest price for a Cheap Two Bedroom Hyde Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hyde Park is starting from $709 at University Gardens Manor.

What is the most affordable Hyde Park Three Bedroom Apartment?

The best deal on a cheap Hyde Park Three Bedroom Apartment rental is at Springdale Creek Apartments and starts from $940.

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.