109 N Main St
MemphisTN38103
Cheap Homes for Rent in Downtown Riverside Neighborhood of Memphis, TN from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
66 Monroe 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
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.
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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 | $1,855 | $1,650 | $2,300 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,700 | $2,550 | $2,850 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,722 | $3,495 | $3,950 |
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.
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Best Value Apartments for Rent in Downtown Riverside, TN
As of February 27, 2026 the best value apartment in the Downtown Riverside area is the $1.09 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,653. The second greatest value Downtown Riverside apartment is the B1 Phase II 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. |
|---|---|---|---|
| The Marine Residence | 2 Bedroom | 2BR,2BA | $1.09 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| Number 10 Main | NTM-A3 | 1BR,1BA | $1.24 |
| The Washburn | WAS-A1 | 1BR,1BA | $1.47 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Forum Flats | 1-A Type B-60% | 1BR,1BA | $1.40 |
| Museum Lofts | The Stax | 1BR,1BA | $1.50 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Crescent Bluff | 11A50 | 1BR,1BA | $1.37 |
| Printer's Alley Lofts | PAL-A1 | 1BR,1BA | $1.50 |
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 154 Apartments for Rent in Downtown Riverside, TN with pricing that ranges from $760 to $5,900. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $895 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 $895 to $3,950 with an average monthly rent of $2,235.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.