Cheap Homes for Rent in Kilowatt Lake Neighborhood of Memphis, TN from $500 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in the Kilowatt Lake area of Memphis.

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Kilowatt Lake, Memphis, TN Local Guide

Cheapest Available Kilowatt Lake Apartments for Rent

 

The cheapest available apartment rental in the Kilowatt Lake 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 Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Springdale Creek Apartments1 Bedroom1BR,1BA$728
Kings Reserve MemphisPeabodyStudio,1BA$900
Studio RasaEfficiencyStudio,1BA$925
Art Lofts @ OvertonS4Studio,1BA$999

Best Value Apartments for Rent in Kilowatt Lake, TN

As of April 17, 2025 the best value apartment in the Kilowatt Lake area is the $1.07 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,800. The second greatest value Kilowatt Lake apartment is the 3 bedroom x bath with office Model at Barksdale Flats starting at $2,500 with a $1.56 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1468 Snowden AveSpacious2BR,1.5BA$1.07
Barksdale Flats3 bedroom x bath with office3BR,2BA$1.56
Parcels at ConcourseKismet 61BR,1BA$2.32
696 N Hollywood St, Unit 1696 N Hollywood St2BR,1BA$1.10
The Galloway @ Evergreen -The Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Courtyard @ Ironworksb2wd2BR,1BA$1.78
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Orleans Station1BR - Small1BR,1BA$1.92
Bristol On Union Apartment HomesThe Williamsburg, 1 Bedroom 1 Bath1BR,1BA$2.32

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Frequently Asked Questions about Kilowatt Lake

What type of rentals are currently available in Kilowatt Lake?

There are currently 106 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $659 to $5,640. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $595 to $2,700.

What is the current price range for Rental Homes in Kilowatt Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kilowatt Lake ranges from $595 to $2,700 with an average monthly rent of $1,410.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.