
Cheap 1 Bedroom Apartments for Rent in the Downtown Riverside Neighborhood of Memphis, TN from $760 (45 Rentals)


Indigo Riverview

280 Vance Flats

Number 10 Main Apartments

Museum Lofts

Total Monthly Price
Court Square Apartments

266 Lofts

109 N Main St

Downtown Memphis Flats
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Fielder Square

Total Monthly Price
The Marine Residence

The Tennessee Brewery Apartments

437 Monroe Ave, Unit 106

South Junction Apartments

Pressbox Lofts

The Commonwealth

South Line at Central Station

South Bluffs Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Total Monthly Price
Urban Loft Co. Memphis- Utilties Included

Total Monthly Price
The Landing Residences

The Oliver Luxury Apartments

Total Monthly Price
Metro67

Crescent Bluff

Crescent Bluff II

Exchange Building

South Main Artspace Lofts

Forum Flats
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.

Jefferson Place

The Washburn

Radio Center Flats

Cornerstone Flats

Printer's Alley Lofts

W.L.

Main Street Flats

Downtown Studio Suites- All Included

Hunt-Phelan Apartments
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.

245 Madison Ave

437 Monroe Ave

Downtown YMCA Lofts

Annex Lofts

50 Peabody Place

99 Front Apartments

Van Vleet Flats

State Place at South End

413 S Main St
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.
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 | $1,168 | $942 | $1,614 |
Downtown Riverside 1 Bedroom Apartments | $1,462 | $760 | $2,295 |
| Downtown Riverside 2 Bedroom Apartments | $2,116 | $945 | $5,900 |
| Downtown Riverside 3 Bedroom Apartments | $2,673 | $1,020 | $3,199 |
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 $1,000.
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 $2,884.
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 49 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 $676 which is $2,208 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.
Helpful Local Expert Guides

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

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
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.
Articles, How-To's, and Tips

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.