
Cheap Apartments for Rent in the Downtown Riverside Neighborhood of Memphis, TN from $695 (63 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Riverside area of Memphis.


Van Vleet Flats

270 Lucerne Pl

2nd Street Flats

Hunt-Phelan Apartments

Downtown Studio Suites- All Included
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.

Lowenstein

Pembroke Square Apartments

Downtown YMCA Lofts

50 Peabody Place

Cabinet Shop Lofts

129 Talbot Ave
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.

413 S Main St
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 | $1,186 | $851 | $1,614 |
| Downtown Riverside 1 Bedroom Apartments | $1,438 | $760 | $2,360 |
| Downtown Riverside 2 Bedroom Apartments | $2,013 | $895 | $4,958 |
| Downtown Riverside 3 Bedroom Apartments | $2,517 | $1,020 | $2,913 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
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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 $974.
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 $1,450.
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 51 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 $573 which is $877 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.
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