270 Lucerne Pl
MemphisTN38126
Cheap Homes for Rent in the Downtown Riverside Neighborhood of Memphis, TN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
92 S Main St
MemphisTN38103
66 S Front St
MemphisTN38103
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107 S Front St
MemphisTN38103
413 S Main St
MemphisTN38103
129 Talbot Ave
MemphisTN38103
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $2,536 | $1,490 | $3,950 |
| Downtown Riverside 3 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,260 | $1,150 | $4,000 |
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 2 Beds unit found at 487 Williams Ave priced from $750. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Downtown Riverside apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 487 Williams Ave | 2 Beds, 1 Baths | 2BR,1BA | $750 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
| Crescent Bluff | 11A50 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Downtown Riverside, TN
As of August 08, 2026 the best value apartment in the Downtown Riverside area is the $1.23 price per square foot 515 S Main St Model at 515 S Main St, Unit Woodard Properties in the in the Downtown Memphis neighborhood starting from $1,900. The second greatest value Downtown Riverside apartment is the 2 Bedroom Model at The Marine Residence starting at $1,595 with a $1.05 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. |
|---|---|---|---|
| 515 S Main St, Unit Woodard Properties | 515 S Main St | 2BR,2BA | $1.23 |
| The Marine Residence | 2 Bedroom | 2BR,2BA | $1.05 |
| Court Square Apartments | 2 BR | 2BR,2BA | $1.22 |
| Lofts at Merchant Row | Floor Plan A | 1BR,1.5BA | $1.36 |
| Downtown YMCA Lofts | 1 Beds, 1 Baths | 1BR,1BA | $1.09 |
| Number 10 Main | NTM-A4 | 1BR,1BA | $1.32 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.42 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1.43 |
| Patterson Flats | 1-A Type B | 1BR,1BA | $1.30 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
Frequently Asked Questions about Downtown Riverside
What type of rentals are currently available in Downtown Riverside?
There are currently 155 Apartments for Rent in Downtown Riverside, TN with pricing that ranges from $760 to $5,042. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $1,150 to $4,000.
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 $1,150 to $4,000 with an average monthly rent of $2,293.
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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