
Cheap Apartments for Rent in the Hyde Park Neighborhood of Memphis, TN from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hyde Park area of Memphis.


Springdale Creek Apartments

Parkway Place Apartments

528 East Dr

Kings Reserve Memphis

The Courts Midtown

Art Lofts @ Overton

696 N Hollywood St, Unit 1

1426 Hyde Pk Blvd

1931 Mignon Ave

Link Apartments® Broad Ave

2507 Staten Ave

2388 Forest Ave

1898 Vollintine Ave

1736 Edward Ave
Hyde Park, Memphis, TN Local Guide

How much does it cost to rent an apartment in Hyde Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hyde Park Studio Apartments | $1,177 | $738 | $2,323 |
Hyde Park 1 Bedroom Apartments | $1,483 | $659 | $3,154 |
Hyde Park 2 Bedroom Apartments | $1,996 | $709 | $4,354 |
Hyde Park 3 Bedroom Apartments | $1,504 | $940 | $2,699 |
Hyde Park 4 Bedroom Apartments | $3,530 | $2,500 | $4,560 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Hyde Park Neighborhood of Memphis, TN.
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Hyde Park, Memphis, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Gardens Manor | 1x1 Classic | 1BR,1BA | $659 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $728 |
The Gilmore | Small Efficiency | Studio,1BA | $738 |
Parkway Place Apartments | Studio | Studio,1BA | $850 |
Park Terrace | Studio | Studio,1BA | $850 |
Best Value Apartments for Rent in Hyde Park, TN
As of March 17, 2025 the best value apartment in the Hyde Park area is the $1.56 price per square foot 4 Bed 2 Bath Model at Barksdale Flats in the in the East Memphis neighborhood starting from $2,500. The second greatest value Hyde Park apartment is the 696 N Hollywood St Model at 696 N Hollywood St, Unit 1 starting at $1,000 with a $1.10 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Hyde Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Barksdale Flats | 4 Bed 2 Bath | 4BR,2BA | $1.56 |
696 N Hollywood St, Unit 1 | 696 N Hollywood St | 2BR,1BA | $1.10 |
Art Lofts @ Overton | A1 | 1BR,1BA | $2.32 |
University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
At The Park Apartments | Sugar Maple | 1BR,1BA | $2.45 |
Parkway Place Apartments | Two Bedroom | 2BR,1BA | $1.56 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
The Citizen Apartments | A1 | 1BR,1BA | $2.47 |
Park Terrace | Studio | Studio ,1BA | $1.79 |
The Courts Midtown | The Evergreen with W/D | Studio ,1BA | $2.30 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleHyde Park, Memphis, TN
Ranked #64
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $738.
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.

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.