
Cheap Homes for Rent in University District Memphis, TN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the University District area of Memphis.


123 Eastview Dr

3181 Yale Ave

3117 Yale Ave

3032 McAdoo Ave

3242 Southern Ave

3588 Walnut Grove Rd
University District, Memphis, TN Local Guide

How much does it cost to rent a home in University District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University District 2 Bedroom Homes for Rent | $1,407 | $850 | $2,500 |
University District 3 Bedroom Homes for Rent | $1,541 | $1,100 | $2,100 |
University District 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the University District Neighborhood of Memphis, TN.
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University District, Memphis, TN Local Guide
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Cheapest Available University District Apartments for Rent
 The cheapest available apartment rental in the University District area of Memphis, TN is a 1 Bed unit found at Tillman Cove priced from $600. The Marie has the second lowest priced unit, which is a 2 Beds apartment currently listed from $813. Here are the most affordable University District apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
The Marie | Two Bed | 2BR,1BA | $813 |
Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $850 |
Best Value Apartments for Rent in University District, TN
As of April 14, 2025 the best value apartment in the University District area is the $1.15 price per square foot 2 bedroom, 2 bathroom Upstairs, Renovated Model at Chickasaw at The Greenline in the in the East Memphis neighborhood starting from $1,550. The second greatest value University District apartment is the Kiwi - 2x1 Model at Kiwi & Goji starting at $1,396 with a $1.27 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for University District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chickasaw at The Greenline | 2 bedroom, 2 bathroom Upstairs, Renovated | 2BR,2BA | $1.15 |
Kiwi & Goji | Kiwi - 2x1 | 2BR,1BA | $1.27 |
Georgian Woods | 2x1 | 2BR,1BA | $1.17 |
The Marie | Two Bed | 2BR,1BA | $0.92 |
Yugo Memphis Southern | Studio | Studio ,1BA | $1.39 |
Greenline Apartments | 1BR | 1BR,1BA | $1.42 |
The Tower at Kent | 1 Bedroom / 1 Bathroom Gold | 1BR,1BA | $1.39 |
Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.52 |
The Landing on the Strip | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $1.89 |
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Frequently Asked Questions about University District
What type of rentals are currently available in University District?
There are currently 52 Apartments for Rent in University District, TN with pricing that ranges from $599 to $8,870. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in University District ranging from $800 to $2,800.
What is the current price range for Rental Homes in University District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University District ranges from $800 to $2,800 with an average monthly rent of $1,705.
How much are larger Three and Four Bedroom Rentals in University District?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University District range from $730 to $2,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,100. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $599.
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.

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.

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.

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.