Cheap Homes for Rent in Kilowatt Lake Neighborhood of Memphis, TN from $700 (34 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Showing Results 1-34, Page 1 of 1

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 $709. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Renovated1BR,1BA$709
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Kings Reserve MemphisPeabodyStudio,1BA$900
Studio RasaEfficiencyStudio,1BA$925
Link Apartments® Broad AveS1Studio,1BA$991
Art Lofts @ OvertonS4Studio,1BA$999
Courtyard @ Ironworksa1r1BR,1BA$1,050
Iris Luxury ApartmentsA11BR,1BA$1,174
The Galloway @ Evergreen -The Evergreen2BR,1BA$1,250

Best Value Apartments for Rent in Kilowatt Lake, TN

As of May 17, 2025 the best value apartment in the Kilowatt Lake area is the $1.32 price per square foot 1352 Faxon Ave Model at 1352 Faxon Ave in the in the Midtown Memphis neighborhood starting from $2,500. The second greatest value Kilowatt Lake apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown 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.
1352 Faxon Ave1352 Faxon Ave4BR,2.5BA$1.32
1468 Snowden AveSpacious2BR,1.5BA$0.89
Barksdale Flats3 bedroom x bath with office3BR,2BA$1.56
Orleans Station2BR - FP #12BR,2BA$1.73
696 N Hollywood St, Unit 1696 N Hollywood St2BR,1BA$1.10
The Galloway @ Evergreen -The Evergreen2BR,1.5BA$1.56
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Iris Luxury ApartmentsS02Studio ,1BA$2.03
Courtyard @ Ironworksa1r1BR,1BA$1.91

Quick Rent Budget Calculator

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Frequently Asked Questions about Kilowatt Lake

What type of rentals are currently available in Kilowatt Lake?

There are currently 102 Apartments for Rent in Kilowatt Lake, TN with pricing that ranges from $708 to $2,999. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kilowatt Lake ranging from $750 to $3,500.

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 $750 to $3,500 with an average monthly rent of $1,748.

How much are larger Three and Four Bedroom Rentals in Kilowatt Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kilowatt Lake range from $940 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $834 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,100.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.