
Cheap Homes for Rent in Yale Yards Neighborhood of Memphis, TN from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Yale Yards area of Memphis.


2428 Ketchum Cove

1672 Carnegie St
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.
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 | $935 | $815 | $995 |
Yale Yards 3 Bedroom Homes for Rent | $1,310 | $995 | $1,500 |
Yale Yards 4 Bedroom Homes for Rent | $1,513 | $1,395 | $1,645 |
Yale Yards 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 April 20, 2025 the best value apartment in the Yale Yards area is the $0.77 price per square foot 2 Bed / 1 Bath Model at Longview Heights in the in the South Memphis neighborhood starting from $610. The second greatest value Yale Yards apartment is the 2 Bedroom Model at Longview Gardens starting at $613 with a $0.78 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. |
---|---|---|---|
Longview Heights | 2 Bed / 1 Bath | 2BR,1BA | $0.77 |
Longview Gardens | 2 Bedroom | 2BR,1BA | $0.78 |
Grainge Hill Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $0.64 |
Bridgeport Manor | 2 Beds, 1 bath | 2BR,1BA | $1.07 |
Sunrise Terrace Apartments | 1 Bedroom | 1BR,1BA | $0.99 |
Creekside Meadows | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
Manor Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.12 |
El Dorado | 1 Bedroom | 1BR,1BA | $1.03 |
Coronado Manor | 1 bedroom | 1BR,1BA | $1.25 |
Central Gardens | One Bedroom One Bath Elevator | 1BR,1BA | $1.48 |
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Frequently Asked Questions about Yale Yards
What type of rentals are currently available in Yale Yards?
There are currently 51 Apartments for Rent in Yale Yards, TN with pricing that ranges from $499 to $2,256. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yale Yards ranging from $550 to $1,850.
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 $550 to $1,850 with an average monthly rent of $1,272.
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 $1,487, 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 $1,395 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.