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Owens Place Townhomes
291 E Pontotoc AveMemphis, TN 38126
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Memphis, TN from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Memphis.
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from $870Studio to 3 Bedroom Apartments Available Now
Indigo Riverview
99 N Main StMemphis, TN 38103
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from $927Studio to 3 Bedroom Apartments Available Now
The Chisca
272 S Main StMemphis, TN 38103
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from $9501 Bedroom Apartments Contact Us For Availability
280 Vance Flats
280 Vance AveMemphis, TN 38126
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from $952Studio to 2 Bedroom Apartments Available Now
National Rose Co.
80 Virginia Ave WMemphis, TN 38106
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from $983Studio to 3 Bedroom Apartments Available Now
Fielder Square
70 S 4th StMemphis, TN 38103
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from $999Studio to 2 Bedroom Apartments Available Now
South Junction Apartments
9 E Carolina AveMemphis, TN 38103
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from $999Studio to 2 Bedroom Apartments Contact Us For Availability
South Line at Central Station
9 E Carolina AveMemphis, TN 38103
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from $9991 Bedroom Apartments Available Now
Urban Loft Co. Memphis- Utilties Included
440 Monroe AveMemphis, TN 38103
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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from $1,008Studio to 1 Bedroom Apartments Available Now
Lofts at Union Alley
110 Barboro AlyMemphis, TN 38103
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from $1,049Studio to 1 Bedroom Apartments Available Now
The Tennessee Brewery
495 Tennessee StMemphis, TN 38103
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from $1,0501 to 2 Bedroom Apartments Available Now
Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
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from $1,0901 to 2 Bedroom Apartments Available Now
The Marine Residence
360 Metal Museum DrMemphis, TN 38106
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from $1,150Studio to 2 Bedroom Apartments Available Now
50 Peabody Place
50 Peabody PlMemphis, TN 38103
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from $1,2001 Bedroom Apartments Available Now
Downtown Studio Suites- All Included
340 W Illinois AveMemphis, TN 38106
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from $1,212Studio to 2 Bedroom Apartments Available Now
The Landing Residences
1 Dr Martin Luther King Jr AveMemphis, TN 38103
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.
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The Rise Apartments
420 Monroe AveMemphis, TN 38103
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from $1,254Studio to 3 Bedroom Apartments Available Now
Metro67
67 Madison AveMemphis, TN 38103
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from $1,285Studio to 3 Bedroom Apartments Available Now
The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
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South Bluffs Apartments
4 Riverview Dr WMemphis, TN 38103
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2 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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Showing Results 1-45, Page 1 of 1
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 | $1,401 | $870 | $4,808 |
| Downtown Riverside 1 Bedroom Apartments | $1,591 | $760 | $5,593 |
| Downtown Riverside 2 Bedroom Apartments | $2,374 | $945 | $6,900 |
| Downtown Riverside 3 Bedroom Apartments | $2,723 | $1,020 | $3,527 |
| Downtown Riverside 4 Bedroom Apartments | $2,995 | $2,995 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Downtown Riverside, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Available Downtown Riverside Apartments for Rent
The cheapest available apartment rental in the Downtown Riverside area of Memphis, TN is a 1 Bed unit found at Owens Place Townhomes priced from $760. Crescent Bluff has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Downtown Riverside apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
| Crescent Bluff | 1 Bedroom 1 Bath 50% | 1BR,1BA | $784 |
| Exchange Building | 1 Bedroom Small | 1BR,1BA | $925 |
| The Chisca | A1r | 1BR,1BA | $927 |
| Indigo Riverview | Powell | Studio,1BA | $940 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
| Forum Flats | 1 Bedroom 1 Bathroom 1-C Type B-60% | 1BR,1BA | $953 |
| Fielder Square | E2 Studio | Studio,1BA | $983 |
| South Junction Apartments | The Edge | Studio,1BA | $999 |
| Urban Loft Co. Memphis- Utilties Included | The Urban Loft A | 1BR,1BA | $999 |
Best Value Apartments for Rent in Downtown Riverside, TN
As of July 05, 2025 the best value apartment in the Downtown Riverside area is the $1.41 price per square foot RiverLoft 2BR Model at RiverLofts @ 460 Tennessee in the in the Downtown Memphis neighborhood starting from $2,600. The second greatest value Downtown Riverside apartment is the 2 BR Model at Court Square Apartments starting at $1,895 with a $1.43 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Downtown Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| RiverLofts @ 460 Tennessee | RiverLoft 2BR | 2BR,2BA | $1.41 |
| Court Square Apartments | 2 BR | 2BR,2BA | $1.43 |
| The Marine Residence | 2 Bedroom | 2BR,2BA | $1.44 |
| The Washburn | A5 | 1BR,1BA | $1.28 |
| 44 S. Front | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.56 |
| 266 Lofts | A1 | 1BR,1BA | $1.46 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Forum Flats | 1 Bedroom 1 Bathroom 1-C Type B-60% | 1BR,1BA | $1.41 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Crescent Bluff | 1 Bedroom 1 Bath 50% | 1BR,1BA | $1.37 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Riverside, Memphis, TN
Ranked #17
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee, including Memphis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Riverside Apartments
What is the Cheapest Studio apartment in Downtown Riverside?
Currently the most affordable Cheap Studio Apartment in Downtown Riverside is at Exchange Building listed at $925.
How much is rent for a Cheap One Bedroom Downtown Riverside Apartment?
The lowest price for a Cheap One Bedroom Downtown Riverside Apartment is $760 at Owens Place Townhomes.
What is the lowest price for a Cheap Two Bedroom Downtown Riverside Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Riverside is starting from $945 at Owens Place Townhomes.
What is the most affordable Downtown Riverside Three Bedroom Apartment?
The best deal on a cheap Downtown Riverside Three Bedroom Apartment rental is at Owens Place Townhomes and starts from $1,020.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.