Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
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.
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside Studio Apartments | $1,203 | $926 | $1,636 |
| Downtown Riverside 1 Bedroom Apartments | $1,452 | $760 | $2,367 |
| Downtown Riverside 2 Bedroom Apartments | $2,080 | $895 | $5,096 |
| Downtown Riverside 3 Bedroom Apartments | $2,647 | $1,020 | $3,305 |
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,519 | $1,625 | $3,390 |
| 3 Bedroom Homes | $2,950 | $2,550 | $3,500 |
| 4 Bedroom Homes | $1,150 | $1,150 | $1,150 |
There are currently 175 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
See all Apartments in MemphisLearn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read ArticleTour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleWhere do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleFrom 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.
Read ArticleThe 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.
If you’re an expert on all things Downtown Riverside, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Tennessee including Downtown Riverside, Memphis, and the greater Memphis area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
This neighborhood is now ranked as one of the A-list high-end neighborhoods in town, with a score of 3.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, maid services, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include wood-burning fireplaces, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.
As of today, July 24, 2026, there are currently 175 available Downtown Riverside apartments priced from $760 to $5,096, with an average monthly rent of $1,763.
There are currently 70 Studio Apartments in Downtown Riverside with rent ranges from $926 to $1,636 with an average price of $1,203.
Today's rental pricing for One Bedroom Apartments in Downtown Riverside ranges from $760 to $2,367 with an average monthly rent of $1,452.
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Riverside range from $895 to $5,096. Today's average rental price for Two Bedrooms here is $2,080.
There are currently 23 Three Bedroom Apartments listings available in Downtown Riverside on ApartmentHomeLiving.com. The pricing ranges from $1,020 to $3,305 - averaging $2,647 for the location.
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.
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
We'll check your Downtown Riverside review to ensure it meets our Review Guidelines.
Thank you!
