Cheap Apartments for Rent in the Hickory Ridge-South Riverdale Neighborhood of Memphis, TN from $400 (81 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hickory Ridge-South Riverdale area of Memphis.

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.

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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.

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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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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hickory Ridge-South Riverdale, Memphis, TN Local Guide

Cheapest Available Hickory Ridge-South Riverdale Apartments for Rent

 

The cheapest available apartment rental in the Hickory Ridge-South Riverdale area of Memphis, TN is a 1 Bed unit found at Emerald Park priced from $699. The Trails at Mt. Moriah has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Hickory Ridge-South Riverdale apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Emerald Park1 bedroom 1 bathroom1BR,1BA$699
The Trails at Mt. Moriah1 bed 1 bath G1BR,1BA$725
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$758
Stone Ridge at Germantown FallsStudioStudio,1BA$790
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$795
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$801
The District ApartmentsLincoln - 1 Bed, 1 Bath1BR,1BA$820
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$836
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$850

Best Value Apartments for Rent in Hickory Ridge-South Riverdale, TN

As of April 17, 2026 the best value apartment in the Hickory Ridge-South Riverdale area is the $0.75 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square in the in the Oakhaven neighborhood starting from $1,199. The second greatest value Hickory Ridge-South Riverdale apartment is the 3 bedroom 2.5 bathroom Model at Emerald Pointe starting at $1,099 with a $0.70 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Hickory Ridge-South Riverdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$0.96
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Cedar Run3x23BR,2BA$1.11
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Ridgewyck Townhomes1 Bedroom1BR,1BA$1.04
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
Ashland Lakes ApartmentsOne Bedroom1BR,1BA$1.15

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Hickory Ridge-South Riverdale, Memphis, TN

Ranked #21

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Tennessee including Hickory Ridge-South Riverdale, Memphis, and the greater Memphis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Hickory Ridge-South Riverdale Apartments

How much is rent for a Cheap One Bedroom Hickory Ridge-South Riverdale Apartment?

The lowest price for a Cheap One Bedroom Hickory Ridge-South Riverdale Apartment is $699 at Emerald Park.

What is the lowest price for a Cheap Two Bedroom Hickory Ridge-South Riverdale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hickory Ridge-South Riverdale is starting from $850 at Aspen Parc.

What is the most affordable Hickory Ridge-South Riverdale Three Bedroom Apartment?

The best deal on a cheap Hickory Ridge-South Riverdale Three Bedroom Apartment rental is at Aspen Parc and starts from $950.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

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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.