24 W Colorado Ave
MemphisTN38106
Cheap Homes for Rent in Downtown Riverside Neighborhood of Memphis, TN from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
472 Wicks Ave
MemphisTN38126
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.
109 N Main St
MemphisTN38103
378 Mulberry St
MemphisTN38103
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.
Showing Results 1-4, Page 1 of 1
Downtown Riverside, Memphis, TN Local Guide
How much does it cost to rent a home in Downtown Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Riverside 2 Bedroom Homes for Rent | $2,152 | $925 | $3,100 |
| Downtown Riverside 3 Bedroom Homes for Rent | $4,240 | $2,500 | $10,000+ |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
Explore Memphis
Downtown Riverside, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Apartments for Rent in Downtown Riverside, TN
As of June 24, 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 Bedroom Model at The Marine Residence starting at $1,850 with a $1.36 price per square foot in the South 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 |
| The Marine Residence | 2 Bedroom | 2BR,2BA | $1.36 |
| Court Square Apartments | 2 BR | 2BR,2BA | $1.24 |
| Forum Flats | 2 Bedroom Two Bathroom 2C Type B PBV | 2BR,2BA | $1.04 |
| 44 S. Front | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.56 |
| Downtown Memphis Flats | Main Street 1 Bedroom, 1.5 Bathroom | 1BR,1BA | $1.63 |
| 2nd Street Flats | 2x2 | 2BR,2BA | $1.39 |
| 266 Lofts | A1 | 1BR,1BA | $1.58 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
How much rent can you afford?
The 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.
Let everyone know!
Do you know the Downtown Riverside area?
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 Review
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 148 Apartments for Rent in Downtown Riverside, TN with pricing that ranges from $760 to $6,900. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $650 to $10,000.
What is the current price range for Rental Homes in Downtown Riverside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Riverside ranges from $650 to $10,000 with an average monthly rent of $2,961.
How much are larger Three and Four Bedroom Rentals in Downtown Riverside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Riverside range from $1,020 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $10,000. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $2,995.
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.