Apartments For Rent East Tennessee . East ridge has a relatively large number of residents older than 25 who have earned a high school degree or equivalent (23%) compared to the national average. 5339 roosevelt rd #1, east ridge, tn 37412. Apartments for Rent in Franklin TN from www.apartments.com As of june 2022, the average apartment rent in east memphis is $878 for a studio, $1,044 for one bedroom, $921 for two bedrooms, and $1,119 for three bedrooms. Check rates, compare amenities and find your next rental on apartments.com. See all 164 apartments in east ridge, tn currently available for rent.