Cheap Apartments for Rent in the South Bluffs Neighborhood of Memphis, TN from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Bluffs area of Memphis.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lofts at Union Alley
$1,047 - $2,548
Total Monthly Price

Total Monthly Price

Base Rent
$1,047 - $2,548
Total Monthly Price
$1,047 - $2,548
Studio to 1 Bedroom Apartments Available Now

Lofts at Union Alley

110 Barboro AlyMemphis, TN 38103
Corporate Housing
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The Midtowner
$1,099 - $1,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,125
Total Monthly Price
$1,099 - $1,125
2 Bedroom Apartments Available Now

The Midtowner

199 S McLean BlvdMemphis, TN 38104
Transit Friendly
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Riverset Apartments
Rent Specials
$1,111 - $2,436
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $2,436
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
Corporate Housing
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  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Rise Apartments
$1,267 - $6,306
Total Monthly Price

Total Monthly Price

Base Rent
$1,267 - $6,306
Total Monthly Price
$1,267 - $6,306
Studio to 2 Bedroom Apartments Available Now

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Pet Friendly
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Landing Residences
$1,360 - $6,397
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $6,397
Total Monthly Price
$1,360 - $6,397
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
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Orleans Station
Rent Specials
$1,403 - $1,448
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $1,448
Total Monthly Price
$1,403 - $1,448
1 Bedroom Apartments Available Sep 7

Orleans Station

694 Madison AveMemphis, TN 38103
Student Housing
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  • Utilities Included
property at 721 Litty Ct

$1,550 - $1,650

1 Bedroom Rentals

Available Now

721 Litty Ct

MemphisTN38103

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

South Bluffs, Memphis, TN Local Guide

Cheapest Available South Bluffs Apartments for Rent

 

The cheapest available apartment rental in the South Bluffs area of Memphis, TN is a Studio unit found at Emberly Apartments priced from $547. TE - SpottswoodAve3875 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here are the most affordable South Bluffs apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emberly ApartmentsEFFStudio,1BA$547
TE - SpottswoodAve38751BR/1.0BA1BR,1BA$599
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$626
Grahamwood Place1 bedroom 1 bathroom1BR,1BA$699
Brentwood Parc2 Bed/ 2 Bath2BR,1BA$750
Uptown Square ApartmentsStudio - HandicappedStudio,1BA$760
Graceland FlatsGraceland Flats2BR,1BA$775
The Posts1 Bedroom 1 Bath1BR,1BA$775
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$809
The Gilmore ApartmentsLarge Studio- Available Now!!Studio,1BA$810

Best Value Apartments for Rent in South Bluffs, TN

As of August 08, 2026 the best value apartment in the South Bluffs area is the $1.05 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,595. The second greatest value South Bluffs apartment is the 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc starting at $850 with a $0.83 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for South Bluffs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.05
Brentwood Parc2 Bed/ 2 Bath Towhnome2BR,2BA$0.83
Aspen Parc2 Bedroom2BR,1.5BA$0.90
The Midtowner2 BR2BR,1BA$1.10
Sherwood Flats2-Bedroom Apartment with In-Unit Washer/Dryer N...2BR,1BA$0.97
Georgian Woods2x12BR,1BA$1.11
Grahamwood Place1 bedroom 1 bathroom1BR,1BA$0.93
Graceland FlatsGraceland Flats2BR,1BA$1.05
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$0.96
TE - SpottswoodAve38751BR/1.0BA1BR,1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
South Bluffs, Memphis, TN

Ranked #13

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap South Bluffs Apartments

What is a cheap apartment in South Bluffs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Bluffs is under $810.

What is the price of a cheap apartment in South Bluffs?

The cheapest apartment in South Bluffs is TE - SpottswoodAve3875 which is listed at $599, while the average apartment in South Bluffs costs $1,175.

What types of apartments are the cheapest in South Bluffs?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 162 regular apartments in South Bluffs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Bluffs?

Cheap apartments in South Bluffs have an average cost of $413 which is $762 cheaper than the average rent for all rentals in South Bluffs.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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