109 N Main St
MemphisTN38103
Cheap Homes for Rent in Downtown Riverside Neighborhood of Memphis, TN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
124 Monroe Ave
MemphisTN38103
50 Gayoso Ave
MemphisTN38103
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.
720 Litty Ct
MemphisTN38103
66 Monroe Ave
MemphisTN38103
615 Denmark Dr
MemphisTN38103
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.
415 S Front St
MemphisTN38103
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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 | $1,972 | $1,595 | $2,500 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,725 | $2,600 | $2,850 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,780 | $3,495 | $3,950 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
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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. Indigo Riverview has the second lowest priced unit, which is a Studio apartment currently listed from $761. 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 |
| Indigo Riverview | Emory | Studio,1BA | $761 |
| Printer's Alley Lofts | PAL-A2 | 1BR,1BA | $900 |
Best Value Apartments for Rent in Downtown Riverside, TN
As of January 12, 2026 the best value apartment in the Downtown Riverside area is the $1.51 price per square foot NTM-B5 Model at Number 10 Main in the in the Downtown Memphis neighborhood starting from $1,999. The second greatest value Downtown Riverside apartment is the B1 Model at 266 Lofts starting at $1,500 with a $1.46 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. |
|---|---|---|---|
| Number 10 Main | NTM-B5 | 2BR,2BA | $1.51 |
| 266 Lofts | B1 | 2BR,2BA | $1.46 |
| Museum Lofts | The Delta | 1BR,1BA | $1.42 |
| 2nd Street Flats | 22A60 | 2BR,2BA | $1.39 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.39 |
| Patterson Flats | 1-A | 1BR,1BA | $1.27 |
| Lofts at Merchant Row | Floor Plan E | 1BR,1BA | $1.42 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 151 Apartments for Rent in Downtown Riverside, TN with pricing that ranges from $760 to $5,900. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $985 to $3,950.
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 $985 to $3,950 with an average monthly rent of $2,291.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.