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from $1,1021 to 3 Bedroom Apartments Available May 22
Somerset at Lakeland
2918 Champions DrArlington, TN 38002
Cheap Apartments for Rent in the Lakeland Neighborhood of Memphis, TN from $1,000 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeland area of Memphis.
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from $1,3961 to 2 Bedroom Apartments Available Now
Lakeland Town Square
4815 Market Green PlzLakeland, TN 38002
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,0551 to 3 Bedroom Apartments Available Now
The Landings at Houston Levee
9940 Paddle Wheel LnCordova, TN 38016
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from $1,3101 to 3 Bedroom Apartments Available Now
Preserve at Bartlett
8840 Bristol Park DrBartlett, TN 38133
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Lakeland, Memphis, TN Local Guide
How much does it cost to rent an apartment in Lakeland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeland Studio Apartments | $1,319 | $1,255 | $1,430 |
| Lakeland 1 Bedroom Apartments | $1,589 | $1,055 | $3,432 |
| Lakeland 2 Bedroom Apartments | $1,985 | $1,226 | $5,189 |
| Lakeland 3 Bedroom Apartments | $2,321 | $1,530 | $7,240 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lakeland Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Lakeland, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available Lakeland Apartments for Rent
The cheapest available apartment rental in the Lakeland area of Memphis, TN is a 1 Bed unit found at The Landings at Houston Levee priced from $1,055. Stonebridge Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,068. Here are the most affordable Lakeland apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landings at Houston Levee | The Cove - 1x1 | 1BR,1BA | $1,055 |
| Stonebridge Crossing Apartments | Avalon | 1BR,1BA | $1,068 |
| The Charleston | Beaumont | 1BR,1BA | $1,208 |
Best Value Apartments for Rent in Lakeland, TN
As of May 16, 2025 the best value apartment in the Lakeland area is the $1.30 price per square foot Ramey Model at The Charleston in the in the Eads-Fisherville neighborhood starting from $1,738. The second greatest value Lakeland apartment is the The Delta - 2x2 Model at The Landings at Houston Levee starting at $1,397 with a $1.21 price per square foot in the Eads-Fisherville neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Charleston | Ramey | 3BR,2BA | $1.30 |
| The Landings at Houston Levee | The Delta - 2x2 | 2BR,2BA | $1.21 |
| Stonebridge Crossing Apartments | Chateau | 3BR,2BA | $1.43 |
| Hall Creek | B2 | 2BR,2BA | $1.95 |
| Preserve at Bartlett | A3R | 1BR,1BA | $1.85 |
| Lakeland Town Square | A1 Phase II | 1BR,1BA | $2.08 |
| Springs at Colonial | Studio Grand Courtyard | Studio ,1BA | $2.49 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLakeland, Memphis, TN
Ranked #68
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Lakeland Neighborhood in Memphis, TN
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
28 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 Lakeland Apartments
What is the Cheapest Studio apartment in Lakeland?
Currently the most affordable Cheap Studio Apartment in Lakeland is at Springs at Colonial listed at $1,255.
How much is rent for a Cheap One Bedroom Lakeland Apartment?
The lowest price for a Cheap One Bedroom Lakeland Apartment is $1,055 at The Landings at Houston Levee.
What is the lowest price for a Cheap Two Bedroom Lakeland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakeland is starting from $1,226 at Stonebridge Crossing Apartments.
What is the most affordable Lakeland Three Bedroom Apartment?
The best deal on a cheap Lakeland Three Bedroom Apartment rental is at Stonebridge Crossing Apartments and starts from $1,641.
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.
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.
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.
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.
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.