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Lakeland, TN Homes for Rent

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  • /55

    Starting at $1,341 Per Month

    • 1 - 3 Beds

    4836 Village, Lakeland, TN 38002

    Our incredible location near a plethora of exciting local attractions, such as Arlington Depot Square and The Lake District, ties it all together. Right off I-40 and SR 385, major employers such as Ford Blue Oval Plant and MicroPort Orthopedics are within reach. Restocking the fridge and pantry, updating your wardrobe, and meeting up with friends are all possible without having to stray too far

    Lakeland Town Square

    (901) 403-7783

    4836 Village, Lakeland, TN 38002
  • /43

    Starting at $1,091 Per Month

    • 1 - 3 Beds

    2918 Champions Dr, Arlington, TN 38002

    Exquisitely designed and landscaped, Somerset at Lakeland offers a wonderful blend of convenience and care free living along with an energetic team dedicated to your satisfaction and an unmatched standard of excellence in living in Lakeland, TN. Just minutes from both Cordova and Bartlett, we are located within the Lakeland School District with spacious one, two- and three-bedroom apartment

    Somerset at Lakeland

    (901) 403-7701

    2918 Champions Dr, Arlington, TN 38002
  • /30

    Starting at $994 Per Month

    • 1 - 3 Beds

    9135 Morning Ridge Rd, Cordova, TN 38016

    Stonebridge Crossing offers renovated 1-, 2-, and 3-bedroom apartments in the Cordova-Appling neighborhood outside of Memphis. These are pet-friendly apartments with access to an off-leash dog park. Select upgraded homes include hardwood-style flooring, fireplaces, walk-in closets, vaulted ceilings, dedicated dining areas, sunrooms, and balconies or patios. Community amenities include a swimming

    Stonebridge Crossing Apartments

    (901) 499-2609

    9135 Morning Ridge Rd, Cordova, TN 38016
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    $2,065 Per Month

    • 3 Beds
    • 2 Baths
    • 1,685 Sq Ft
    • House for Rent

    9143 Gainsborough Dr, Lakeland, TN 38002

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    (901) 531-9709

    9143 Gainsborough Dr, Lakeland, TN 38002
  • /19

    $2,085 Per Month

    • 4 Beds
    • 2 Baths
    • 2,030 Sq Ft
    • House for Rent

    9823 Saskatoon Ln, Lakeland, TN 38002

    Welcome to 9823 Saskatoon Dr! This stunningly designed residence, situated in Lakeland, features 4 bedrooms and 2 bathrooms, offering a generous living area of 2030 square feet. Step into a spacious living room adorned with a charming corner brick fireplace and a ceiling fan, along with an open kitchen that includes a cozy nook, a breakfast bar, granite countertops, and beautifully updated

    (901) 557-5943

    9823 Saskatoon Ln, Lakeland, TN 38002
  • /16

    $1,920 Per Month

    • 3 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • House for Rent

    3054 Brandon Way Ln, Lakeland, TN 38002

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    (901) 590-1602

    3054 Brandon Way Ln, Lakeland, TN 38002
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    $3,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,775 Sq Ft
    • House for Rent

    10206 Evergreen Manor Cove, Lakeland, TN 38002

    Beautiful home on large fenced cove lot Luxury Primary plus second bedroom down Open floor plan with gourmet kitchen and large work island Great Room with fireplace and built ins two bedrooms and bonus room upstairs Covered Patio with fireplace Full house generator Home will be ready for mid June occupancy

    Frank Pereira Jennae Realty, Inc.

    10206 Evergreen Manor Cove, Lakeland, TN 38002
  • /39

    $3,800 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,250 Sq Ft
    • House for Rent

    10135 Ridgewood Oak Dr, Lakeland, TN 38002

    Welcome to this stunning 4 bedroom, 3 full bath home located in the much sought after Oakwood Subdivision in Lakeland, TN. This home is located at 10135 Ridgewood Oak Dr.Located on a lodge corner lot with a large fenced backyard, perfect for outdoor entertaining. The back yard has a beautiful metal rear fence with a private pool and gorgeous mature trees to help with shade. Step

    10135 Ridgewood Oak Dr, Lakeland, TN 38002

Why Live in Lakeland

Lakeland, Tennessee, a community of 14,000, has evolved from its origins as Lakeland Amusement Park into a residential area with a mix of mid-20th century and modern homes. Garner Lake, once the centerpiece of the amusement park, now serves as a private recreational area for residents, with homes featuring docks for boating, swimming, and fishing. The city is known for its spacious homes, many of which are located in subdivisions like Lakeland Estates and Windward Slopes. Recent developments such as Herons Ridge and Oakwood Grove offer newer constructions. Lakeland's attractions include the International Harvester Managerial Park, which hosts summer concerts and movie nights at "The LAMP" Amphitheatre, and the public Lakeland Golf Club with its 18-hole course. The Lakeland School System, highly rated and expanding, is a significant draw for families. The city is strategically located with Interstate 40 providing easy access to Memphis, 20 miles west, and Nashville, roughly 190 miles east. The Shelby County Sheriff's Office reports a decrease in crime rates, making Lakeland safer than the national average. Commercial growth is evident in mixed-use areas like Lakeland Town Square and The Lake District, while major shopping and dining options are available nearby at Wolfchase Galleria mall. The upcoming BlueOval City, 26 miles away, is expected to boost the local job market significantly.

Frequently Asked Questions

How much does it cost to rent a home in Lakeland, TN?
The median rent for a home in Lakeland, TN is $2,085 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
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 $83,400 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 $2,085 per month in Lakeland, TN, renters typically need to show $6,255 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 19.2, 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 home?
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 home include Cordova, Raleigh, Berclair, Poplar Estates and Douglass, each with its own character and price range.

Rental Home Trends in Lakeland, TN

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$2,085
Median Single Family Home Rent
$2,075
How to Rent a Home