Cheap Apartments for Rent in the Walnut Grove Neighborhood of Memphis, TN from $400 (48 Rentals)

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

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4015 Summer Ave
1 to 2 Bedroom Apartments

4015 Summer Ave

4015 Summer AveMemphis, TN 38122
  • Utilities Included
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Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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Grahamwood Place
1 to 3 Bedroom Apartments

Grahamwood Place

4045 Summer AveMemphis, TN 38122
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2718 Claudette Rd
1 to 3 Bedroom Apartments

2718 Claudette Rd

2718 Claudette RdMemphis, TN 38118
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Summer Oaks Apartments
2 Bedroom Apartments

Summer Oaks Apartments

4030 Summer AveMemphis, TN 38122
Senior Living
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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
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Champaign Place
1 Bedroom Apartments

Champaign Place

2715 Cherry RdMemphis, TN 38118
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Showing Results 1-48, Page 1 of 1

Walnut Grove, Memphis, TN Local Guide

Cheapest Available Walnut Grove Apartments for Rent

 

The cheapest available apartment rental in the Walnut Grove area of Memphis, TN is a Studio unit found at The Residences at Lakeview priced from $581. Oak Grove Flats has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here are the most affordable Walnut Grove apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
Oak Grove FlatsStudioStudio,1BA$745
Camelot Manor1 Bed, 1 bath1BR,1BA$749
The Trails at Mt. Moriah1 bed 1 bath H1BR,1BA$775
Courtyard @ Waring Park2x1 (700)2BR,1BA$775
The Brooklyn1 Bedroom-Classic1BR,1BA$850
Hickory PointeOne Bedroom1BR,1BA$850
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$920
Tranquility at Hickory Hill Senior ApartmentsOne Bed1BR,1BA$960
Macon Manor2 Bedroom 1 Bathroom2BR,1BA$975

Best Value Apartments for Rent in Walnut Grove, TN

As of April 15, 2025 the best value apartment in the Walnut Grove area is the $0.98 price per square foot Two bedroom x 1.5 Bath Model at Ridgeway Commons Townhomes in the in the Germantown neighborhood starting from $1,275. The second greatest value Walnut Grove apartment is the Lennox Model at Poplar Place Townhomes starting at $1,275 with a $0.99 price per square foot in the Germantown neighborhood. Here is today’s list of the best values for Walnut Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgeway Commons TownhomesTwo bedroom x 1.5 Bath2BR,1.5BA$0.98
Poplar Place TownhomesLennox2BR,1.5BA$0.99
Macon Manor2 Bedroom 1 Bathroom2BR,1BA$1.15
The SummereastB22BR,1.5BA$1.22
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.10
Mendenhall Gardens1A1BR,1BA$1.25
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$1.21
Oak Grove Flats1BR1BR,1BA$1.16
Courtyard @ Waring Park2x1 (700)2BR,1BA$1.11
Camelot Manor1 Bed, 1 bath1BR,1BA$1.15

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Pet Friendly Lifestyle
Walnut Grove, Memphis, TN

Ranked #62

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Memphis, TN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Walnut Grove Apartments

What is the Cheapest Studio apartment in Walnut Grove?

Currently the most affordable Cheap Studio Apartment in Walnut Grove is at The Residences at Lakeview listed at $581.

How much is rent for a Cheap One Bedroom Walnut Grove Apartment?

The lowest price for a Cheap One Bedroom Walnut Grove Apartment is $635 at The Residences at Lakeview.

What is the lowest price for a Cheap Two Bedroom Walnut Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Walnut Grove is starting from $736 at The Residences at Lakeview.

What is the most affordable Walnut Grove Three Bedroom Apartment?

The best deal on a cheap Walnut Grove Three Bedroom Apartment rental is at The Residences at Lakeview and starts from $815.

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.

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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.

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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.

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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.