Cheap Apartments for Rent in the Hyde Park Neighborhood of Memphis, TN from $500 (20 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
  • Utilities Inc.
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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
Showing Results 1-20, Page 1 of 1

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
Parkway Place ApartmentsStudioStudio,1BA$850
Park TerraceStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Barksdale Flats4 Bed 2 Bath4BR,2BA$1.56
696 N Hollywood St, Unit 1696 N Hollywood St2BR,1BA$1.10
Art Lofts @ OvertonA11BR,1BA$2.32
University Gardens ManorGold Unit2BR,1BA$1.19
At The Park ApartmentsSugar Maple1BR,1BA$2.45
Parkway Place ApartmentsTwo Bedroom2BR,1BA$1.56
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
The Citizen ApartmentsA11BR,1BA$2.47
Park TerraceStudioStudio ,1BA$1.79
The Courts MidtownThe Evergreen with W/DStudio ,1BA$2.30

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Pet Friendly Lifestyle
Hyde Park, Memphis, TN

Ranked #64

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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.

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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.

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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.

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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.

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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.