
Cheap 1 Bedroom Apartments for Rent in the Downtown Riverside Neighborhood of Memphis, TN from $760 (40 Rentals)


Exchange Building

South Main Artspace Lofts

280 Vance Flats

Fielder Square

Total Monthly Price
Downtown Memphis Flats

266 Lofts

Indigo Riverview
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.

Total Monthly Price
The Marine Residence

Museum Lofts

The Commonwealth

408 S Front St

Total Monthly Price
The Landing Residences

The Tennessee Brewery Apartments

Urban Loft Co. Memphis- Utilties Included

Lofts at Merchant Row
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.

South Junction Apartments

50 Peabody Place

Pressbox Lofts

South Line at Central Station

South Bluffs Apartments

Total Monthly Price
The Oliver Luxury Apartments

10 N Main St

Crescent Bluff II
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Crescent Bluff

Printer's Alley Lofts

Forum Flats

2nd Street Flats

Patterson Flats

Jefferson Place

Radio Center Flats

Cornerstone Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

W.L.

The Washburn

Main Street Flats

Hunt-Phelan Apartments

Downtown Studio Suites- All Included

Annex Lofts

44 S. Front

Van Vleet Flats
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown Riverside, Memphis, TN Local Guide

How much does it cost to rent an apartment in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside Studio Apartments | $1,123 | $839 | $1,594 |
Downtown Riverside 1 Bedroom Apartments | $1,484 | $760 | $2,248 |
| Downtown Riverside 2 Bedroom Apartments | $2,122 | $945 | $5,900 |
| Downtown Riverside 3 Bedroom Apartments | $2,520 | $997 | $3,040 |
Explore Memphis
Frequently Asked Questions about Cheap Downtown Riverside Apartments
What is a cheap apartment in Downtown Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Riverside is under $954.
What is the price of a cheap apartment in Downtown Riverside?
The cheapest apartment in Downtown Riverside is Owens Place Townhomes which is listed at $760, while the average apartment in Downtown Riverside costs $2,758.
What types of apartments are the cheapest in Downtown Riverside?
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 76 regular apartments in Downtown Riverside 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 Downtown Riverside?
Cheap apartments in Downtown Riverside have an average cost of $422 which is $2,336 cheaper than the average rent for all rentals in Downtown Riverside.
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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.