close
View Me
Rent Specials
from $4501 to 3 Bedroom Apartments Available Now
Camelot Manor
3151 Ashwood StMemphis, TN 38118
Cheap Apartments for Rent in the Parkway Village Neighborhood of Memphis, TN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Village area of Memphis.
close
View Me
from $581Studio to 4 Bedroom Apartments Available Now
The Residences at Lakeview
2774 S Mendenhall RdMemphis, TN 38115
close
View Me
from $599Studio to 2 Bedroom Apartments Contact Us For Availability
Woodlake
3314 S Woodlake CirMemphis, TN 38118
close
View Me
from $7351 to 3 Bedroom Apartments Contact Us For Availability
Cedar Mill Apartments & Townhouses
3505 S MendenhallMemphis, TN 38115
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
1 to 3 Bedroom Apartments
The Vue at Claudette Townhomes & Apartments
2718 Claudette RdMemphis, TN 38118
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-21, Page 1 of 1
Parkway Village, Memphis, TN Local Guide
How much does it cost to rent an apartment in Parkway Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Village Studio Apartments | $616 | $581 | $1,099 |
| Parkway Village 1 Bedroom Apartments | $1,102 | $450 | $1,509 |
| Parkway Village 2 Bedroom Apartments | $1,025 | $500 | $1,699 |
| Parkway Village 3 Bedroom Apartments | $1,249 | $940 | $1,959 |
| Parkway Village 4 Bedroom Apartments | $1,460 | $1,460 | $1,460 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Parkway Village Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Parkway Village, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Parkway Village Apartments for Rent
The cheapest available apartment rental in the Parkway Village area of Memphis, TN is a 1 Bed unit found at Camelot Manor priced from $450. The Residences at Lakeview has the second lowest priced unit, which is a Studio apartment currently listed from $581. Here are the most affordable Parkway Village apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Camelot Manor | 1 Bed, 1 bath | 1BR,1BA | $450 |
| The Residences at Lakeview | Studio | Studio,1BA | $581 |
| Windsor Place | 2X1B | 2BR,1BA | $750 |
| Shadowbrook Townhomes | 2 Bedroom Basic | 2BR,1BA | $830 |
| Cedar Run Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $865 |
Best Value Apartments for Rent in Parkway Village, TN
As of February 27, 2025 the best value apartment in the Parkway Village area is the $0.69 price per square foot 2 Bedroom w/ Den Model at Shadowbrook Townhomes in the in the Oakhaven neighborhood starting from $850. The second greatest value Parkway Village apartment is the 3 Beds, 2 baths Model at Camelot Manor starting at $1,100 with a $0.98 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Parkway Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadowbrook Townhomes | 2 Bedroom w/ Den | 2BR,1.5BA | $0.69 |
| Camelot Manor | 3 Beds, 2 baths | 3BR,2BA | $0.98 |
| Windsor Place | 2X1B | 2BR,1BA | $0.89 |
| Azure Place Apartments | 2 Bedroom A | 2BR,1BA | $1.16 |
| Legacy on Lynnfield | 1x1 | 1BR,1BA | $1.37 |
| Roxbury | Berkly | 1BR,1BA | $1.58 |
| Cedar Run Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.24 |
| 240 Flats | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.00 |
| The Residences at Lakeview | Studio | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Parkway Village area?
If you’re an expert on all things Parkway Village, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Parkway Village Neighborhood in Memphis, TN
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
30 / 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 Parkway Village Apartments
What is the Cheapest Studio apartment in Parkway Village?
Currently the most affordable Cheap Studio Apartment in Parkway Village is at The Residences at Lakeview listed at $581.
How much is rent for a Cheap One Bedroom Parkway Village Apartment?
The lowest price for a Cheap One Bedroom Parkway Village Apartment is $450 at Camelot Manor.
What is the lowest price for a Cheap Two Bedroom Parkway Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkway Village is starting from $500 at Camelot Manor.
What is the most affordable Parkway Village Three Bedroom Apartment?
The best deal on a cheap Parkway Village Three Bedroom Apartment rental is at Camelot Manor and starts from $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.
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.
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.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.