Cheap Apartments for Rent in the Parkway Village Neighborhood of Memphis, TN from $400 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway Village area of Memphis.

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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Pinebrooke Pointe
1 to 2 Bedroom Apartments

Pinebrooke Pointe

3541 Mediterranean DrMemphis, TN 38118
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Windsor Place
1 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
Corporate Housing
  • Utilities Included
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Emerald Ridge
1 to 3 Bedroom Apartments

Emerald Ridge

4280 Mount Hood StMemphis, TN 38118
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2718 Claudette Rd
1 to 3 Bedroom Apartments

2718 Claudette Rd

2718 Claudette RdMemphis, TN 38118
  • Utilities Included
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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
  • Utilities Included
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
  • Utilities Included

Parkway Village, Memphis, TN Local Guide

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 ListingModel NameBed/BathPriced From
Camelot Manor1 Bed, 1 bath1BR,1BA$450
The Residences at LakeviewStudioStudio,1BA$581
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830
Azure Place Apartments1 Bedroom A1BR,1BA$835
Cedar Run Apartments1 Bedroom 1 Bath1BR,1BA$865

Best Value Apartments for Rent in Parkway Village, TN

As of March 22, 2025 the best value apartment in the Parkway Village area is the $0.84 price per square foot 3369 Foxwood Dr Model at 3369 Foxwood Dr in the in the Oakhaven neighborhood starting from $1,880. The second greatest value Parkway Village apartment is the 4351 Cottonwood Rd Model at 4351 Cottonwood Rd starting at $1,415 with a $1.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3369 Foxwood Dr3369 Foxwood Dr4BR,2BA$0.84
4351 Cottonwood Rd4351 Cottonwood Rd3BR,2BA$1.06
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Camelot Manor3 Beds, 2 baths3BR,2BA$0.71
Twin Oaks2 Bedroom, 1.5 Bathroom TH2BR,1BA$0.97
Sherwood Flats2 Bed, 1 Bath w/ Washer/Dryer2BR,1BA$1.08
Getwell PointeOne Bedroom Apartment for Rent1BR,1BA$1.27
Cedar Run Apartments1 Bedroom 1 Bath1BR,1BA$1.24
WoodlakeOne Bedroom1BR,1BA$1.05
Azure Place Apartments1 Bedroom A1BR,1BA$1.35

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Pet Friendly Lifestyle
Parkway Village, Memphis, TN

Ranked #71

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 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

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 $600 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 $799.

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

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

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How Your Move-In Inspection Can Protect Your Security Deposit

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