Cheap Apartments for Rent in the Toni Pendleton Neighborhood of Memphis, TN from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Toni Pendleton, Memphis, TN Local Guide

Cheapest Available Toni Pendleton Apartments for Rent

 

The cheapest available apartment rental in the Toni Pendleton area of Memphis, TN is a 1 Bed unit found at El Dorado priced from $602. Coronado Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $649. Here are the most affordable Toni Pendleton apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
El Dorado1 Bedroom1BR,1BA$602
Coronado Manor1 bedroom1BR,1BA$649
Creekside Meadows1 Bedroom 1 Bathroom1BR,1BA$665

Best Value Apartments for Rent in Toni Pendleton, TN

As of March 29, 2025 the best value apartment in the Toni Pendleton area is the $0.84 price per square foot 2 Bedroom 1 Bathroom Model at Creekside Meadows in the in the South Memphis neighborhood starting from $730. The second greatest value Toni Pendleton apartment is the 2Bed / 2Bath A Model at Nine At Memphis starting at $905 with a $1.11 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Toni Pendleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside Meadows2 Bedroom 1 Bathroom2BR,1BA$0.84
Nine At Memphis2Bed / 2Bath A2BR,2BA$1.11
Getwell PointeB22BR,1.5BA$1.25
Addison Apartments IIIAddison I2BR,1BA$1.35
Bridgeport Manor2 Beds, 1 bath2BR,1BA$1.04
Sunrise Terrace Apartments1 Bedroom1BR,1BA$0.99
WoodlakeOne Bedroom1BR,1BA$1.05
El Dorado1 Bedroom1BR,1BA$1.05
Coronado Manor1 bedroom1BR,1BA$1.16
The JunctionThe Boxcar1BR,1BA$1.55

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Toni Pendleton Apartments

What is the price of a cheap apartment in Toni Pendleton?

The cheapest apartment in Toni Pendleton is El Dorado which is listed at $602, while the average apartment in Toni Pendleton costs $1,465.

What types of apartments are the cheapest in Toni Pendleton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Toni Pendleton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Toni Pendleton?

Cheap apartments in Toni Pendleton have an average cost of $836 which is $629 cheaper than the average rent for all rentals in Toni Pendleton.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.