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  23. Building Photo - Rivergrove
    2 BEDS
    $995

    Rivergrove

    4000 Rio Lobo Dr, Memphis, TN 38128
  24. Building Photo - The Summit Apartments
    Discounts
    Discounts
    1 BED
    $784+
    2 BEDS
    $992+
    3 BEDS
    $1,461+

    The Summit Apartments

    4981 Hidden Lake Dr, Memphis, TN 38128
  27. Rent Special
    Rent Special
    2 BEDS
    $825

    Beverly Springs

    2879 Beverly Hill Rd, Memphis, TN 38128
  28. 1 BED
    $850+
    2 BEDS
    $1,025+
    3 BEDS
    $1,275+

    Covington Hills

    4800 Raleigh Lagrange Rd, Memphis, TN 38128

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Memphis at a Glance

Average Rent

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(All bedrooms and property types)
0

School Rating

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Schools in Memphis
21

Some Transit

out of 100 TransitScore® Rating
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Transportation in Memphis
34

Somewhat Bikeable

out of 100 BikeScore® Rating
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Transportation in Memphis

Raleigh Neighborhood in Memphis, TN

If you're looking for a condo in Raleigh, Memphis , Apartment Finder has you covered. With great rent specials, price drops, and the best values in Raleigh, one of these 30 rentals is sure to fit your list of apartment must-haves. Use our custom filters to narrow your search. Are you looking for a cozy one-bedroom, a two-bedroom condo for you and a roommate, or something more spacious with three to four beds? Apartment Finder has a wide variety of floor plans to meet every need.

Next, select the amenities you can't live without. Start with the basics and make sure your new place offers in-unit air conditioning, a washer and dryer, and a dishwasher. Then, take your living experience to the next level and look at condos with a balcony, swimming pool, and a garage. Apartment Finder has a wide selection of condos to fit your list of condo must-haves.

If filtering for amenities isn't specific enough, you can find condos for rent that fit your lifestyle when you search by specialty. Look at short-term options, student housing, and cheap or luxury condos and find a place that caters to your needs. When you've found the perfect floor plan with all the essential amenities included, filter by price to ensure your new place fits your budget. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With more than one million rentals currently available, Apartment Finder is the place to find your Raleigh condo.

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Getting Around Memphis

Transportation

34

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
34

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
21

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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