1672 Carnegie St
MemphisTN38106
Cheap Homes for Rent in Yale Yards Neighborhood of Memphis, TN from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Yale Yards area of Memphis.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1567 David St
MemphisTN38114
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1485 E Mallory Ave
MemphisTN38106
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
2320 E Warren St
MemphisTN38106
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Yale Yards, Memphis, TN Local Guide
How much does it cost to rent a home in Yale Yards?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Yale Yards 2 Bedroom Homes for Rent | $995 | $995 | $995 |
| Yale Yards 3 Bedroom Homes for Rent | $1,281 | $995 | $1,500 |
| Yale Yards 4 Bedroom Homes for Rent | $1,461 | $1,000 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Yale Yards Neighborhood of Memphis, TN.
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Yale Yards, Memphis, TN Local Guide
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Best Value Apartments for Rent in Yale Yards, TN
As of May 14, 2025 the best value apartment in the Yale Yards area is the $0.95 price per square foot 2 Beds, 2 baths Model at Ruby Oaks Apartments in the in the South Memphis neighborhood starting from $895. The second greatest value Yale Yards apartment is the 2 Bed / 1 Bath Model at Longview Heights starting at $632 with a $0.80 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Yale Yards apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ruby Oaks Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.95 |
| Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.80 |
| Longview Gardens | 2 Bedroom | 2BR,1BA | $0.87 |
| Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $0.64 |
| Bridgeport Manor | 2 Beds, 1 bath | 2BR,1BA | $1.07 |
| El Dorado | 2 Bedroom | 2BR,1.5BA | $1.01 |
| Sunrise Terrace Apartments | 1 Bedroom | 1BR,1BA | $0.99 |
| Creekside Meadows | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.13 |
| Manor Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.12 |
| Coronado Manor | 1 bedroom | 1BR,1BA | $1.16 |
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Frequently Asked Questions about Yale Yards
What type of rentals are currently available in Yale Yards?
There are currently 50 Apartments for Rent in Yale Yards, TN with pricing that ranges from $499 to $2,256. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yale Yards ranging from $700 to $1,650.
What is the current price range for Rental Homes in Yale Yards?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Yale Yards ranges from $700 to $1,650 with an average monthly rent of $1,132.
How much are larger Three and Four Bedroom Rentals in Yale Yards?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Yale Yards range from $827 to $1,484, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $897.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.