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Lakeland, TN Condo for Rent

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  • 9161 Gainsborough Dr, Lakeland, TN 38002
    9161 Gainsborough Dr, Lakeland, TN 38002
    9161 Gainsborough Dr, Lakeland, TN 38002
    /10

    $2,195 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,059 Sq Ft
    • Condo for Rent

    9161 Gainsborough Dr, Lakeland, TN 38002

    Welcome to your future home in the heart of Lakeland, TN! This charming property offers a comfortable living space perfect for those seeking a cozy atmosphere, with easy access to a variety of amenities. Situated near several fantastic restaurants and department stores, your needs are always just a short distance away. For outdoor enthusiasts, Davies Plantation Park is within walking range,

    9161 Gainsborough Dr, Lakeland, TN 38002
Tennessee Shelby County

Condos for Rent in Lakeland, TN

Frequently Asked Questions

How much does it cost to rent a condo in Lakeland, TN?
The median rent for a condo in Lakeland, TN is $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Lakeland, TN?
To comfortably afford the median rent in Lakeland, TN, a household needs to earn roughly $85,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,147 per month in Lakeland, TN, renters typically need to show $6,441 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lakeland, TN?
In Lakeland, TN, the price-to-rent ratio is 19.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lakeland, TN are best for renting a condo?
The best neighborhood for renting in Lakeland, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Poplar Pines, East Memphis, Orange Mound, Cordova and Raleigh, each with its own character and price range.

Condo Rental Trends in Lakeland, TN

There are currently 1 condos available for rent in Lakeland, TN. The median rent is $1,500 per month, with 2-bedroom condos at $1,500.

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$1,500
Median 2 Bedroom Condo Rent
$1,500
How to Rent a Home

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