109 N Main St
MemphisTN38103
Cheap Homes for Rent in Downtown Riverside Neighborhood of Memphis, TN from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
129 Talbot Ave
MemphisTN38103
92 S Main St, Unit 102
92 S Main St
MemphisTN38103
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.
129 Talbot Ave, Unit 103, Unit 103
129 Talbot Ave
MemphisTN38103
66 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.
Showing Results 1-6, 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 | $2,172 | $1,399 | $3,390 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,875 | $2,800 | $2,950 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Riverside Neighborhood of Memphis, TN.
Explore Memphis
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
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. Crescent Bluff has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. 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 |
| Crescent Bluff | 11A50 | 1BR,1BA | $784 |
| Indigo Riverview | Powell | Studio,1BA | $828 |
Best Value Apartments for Rent in Downtown Riverside, TN
As of May 08, 2026 the best value apartment in the Downtown Riverside area is the $0.99 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,705. The second greatest value Downtown Riverside apartment is the 2 Bedroom 1.5 Bath Model at 44 S. Front starting at $1,850 with a $1.42 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 | $0.99 |
| 44 S. Front | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.42 |
| Lofts at Merchant Row | Floor Plan A | 1BR,1.5BA | $1.36 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| Museum Lofts | The Delta | 1BR,1BA | $1.51 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.40 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1.43 |
| 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 152 Apartments for Rent in Downtown Riverside, TN with pricing that ranges from $760 to $4,700. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $1,295 to $3,495.
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 $1,295 to $3,495 with an average monthly rent of $2,525.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.