472 Wicks Ave
MemphisTN38126
Cheap Homes for Rent in Downtown Riverside Neighborhood of Memphis, TN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Riverside area of Memphis.
109 N Main St
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.
66 Monroe Ave
MemphisTN38103
close
View Me
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
615 Denmark Dr
MemphisTN38103
Showing Results 1-5, 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 | $2,039 | $895 | $2,900 |
| Downtown Riverside 3 Bedroom Homes for Rent | $2,783 | $2,325 | $3,650 |
| Downtown Riverside 4 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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 $782. 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 | Powell | Studio,1BA | $782 |
| Crescent Bluff | 11A50 | 1BR,1BA | $784 |
Best Value Apartments for Rent in Downtown Riverside, TN
As of August 14, 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 $1.40 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 | $1.40 |
| Forum Flats | 3-A Type B-60%-PBV | 3BR,2BA | $1.11 |
| Lofts at Merchant Row | Floor Plan D | 1BR,1BA | $1.47 |
| South Bluffs Apartments | 931 | 1BR,1BA | $1.54 |
| The Washburn | A5 | 1BR,1BA | $1.28 |
| 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 |
| Crescent Bluff | 11A50 | 1BR,1BA | $1.37 |
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 $6,943. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Riverside ranging from $895 to $3,995.
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 $3,995 with an average monthly rent of $2,309.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.