Lakeland

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Lakeland, TN

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Peaceful farmland and picturesque lakeside houses outside of Memphis

Commuter Lake Suburban Farming Outdoors Upscale

An upscale community in the suburbs of Memphis, Lakeland is about 20 miles east from the heart of Memphis, easily traveled to and from through Interstate 40. Enjoy amenities like the Memphis International Airport, Graceland, the Memphis Zoo, Shelby Farms Park, the National Civil Rights Museum, and so much more just minutes from your rental in Lakeland. This quiet part of town offers peaceful farmland, community spaces, and well-kept residential neighborhoods.

Residents appreciate the scenic Stonebridge Golf Club and all of the family-friendly amenities such as Windward Slopes Park, offering a playground, walking trails, and tennis courts behind stately single-family homes. Lakeland is home to Garner Lake where locals can swim, fish, and enjoy the quiet that comes with lakeside living. The Davis Manor Plantation is a popular spot in Lakeland for its historic house museum and community event space.

Rent Trends

As of March 2025, the average apartment rent in Lakeland, TN is $1,627 for one bedroom, $2,150 for two bedrooms, and $2,984 for three bedrooms. Apartment rent in Lakeland has decreased by -6.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,627/month
1,011 Sq Ft
House
$2,101/month
1,494 Sq Ft
See Rental Market Trends in Lakeland, TN

Transportation

25

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

1

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

28

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.

Schools

Lakeland Elementary School

Public

Grades PK-4

1,038 Students

9
out of 10

Lakeland Middle Preparatory School

Public

Grades 5-9

1,094 Students

7
out of 10

Lakeland Middle Preparatory School

Public

Grades 5-9

1,094 Students

7
out of 10

Points of Interest

Top Apartments in Lakeland

Houses for Rent in Lakeland

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.