Cheap Apartments for Rent in the South Bluffs Neighborhood of Memphis, TN from $500 (57 Rentals)

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

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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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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Riverset Apartments
Rent Specials
$1,111 - $2,576
Total Monthly Price

Total Monthly Price

Base Rent
$1,111 - $2,576
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Landing Residences
Rent Specials
$1,269 - $6,816
Total Monthly Price

Total Monthly Price

Base Rent
$1,269 - $6,816
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Rise Apartments
$1,407 - $6,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,407 - $6,720
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jun 27

The Rise Apartments

420 Monroe AveMemphis, TN 38103
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 721 Litty Ct

$1,650

1 Bedroom Rentals

Available Now

721 Litty Ct

MemphisTN38103

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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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 1 Bed unit found at Emberly Apartments priced from $598. Pinebrook Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable South Bluffs apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emberly Apartments1 Bedroom, 1 Bathroom1BR,1BA$598
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$650
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 Gilmore ApartmentsLarge Studio- Available Now!!Studio,1BA$810
Greenline Apartments1 Bedroom 1 Bathroom1BR,1BA$825
The Bonsai at Central GardensStudio without Washer/DryerStudio,1BA$849
Aspen Parc2 Bedroom2BR,1BA$850

Best Value Apartments for Rent in South Bluffs, TN

As of June 24, 2026 the best value apartment in the South Bluffs area is the $0.83 price per square foot 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc in the in the East Memphis neighborhood starting from $850. The second greatest value South Bluffs apartment is the 2 Bedroom Model at Aspen Parc starting at $895 with a $0.90 price per square foot in the Oakhaven 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.
Brentwood Parc2 Bed/ 2 Bath Towhnome2BR,2BA$0.83
Aspen Parc2 Bedroom2BR,1.5BA$0.90
The Midtowner2 BR2BR,1BA$1.10
Urban Peddler2BR 1BA2BR,1BA$1.02
Greenline Apartments2 Bedroom 1 Bathroom2BR,1BA$1.19
Georgian Woods2x12BR,1BA$1.11
Emberly ApartmentsDiamond Remodel - 2 Bedroom, 1.5 Bathroom2BR,1.5BA$1.07
Grahamwood Place1 bedroom 1 bathroom1BR,1BA$0.93
Graceland FlatsGraceland Flats2BR,1BA$1.05
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$1.00

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Bluffs, Memphis, TN

Ranked #14

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

Pet Friendliness Lifestyle Score

3.5
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 $850.

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

The cheapest apartment in South Bluffs is Emberly Apartments which is listed at $598, while the average apartment in South Bluffs costs $1,266.

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 248 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 $481 which is $785 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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