Cheap Apartments for Rent in the Hickory Ridge-South Riverdale Neighborhood of Memphis, TN from $400 (65 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

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.

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.

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.

close
View Me
Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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 Windsor Place priced from $645. Emerald Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Hickory Ridge-South Riverdale apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Windsor Place1X1B1BR,1BA$645
Emerald Park Apartments1 bedroom 1 bathroom1BR,1BA$650
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$699
Lakes at Ridgeway1 BR 1Bath1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$777
Ashland Lakes ApartmentsOne Bedroom1BR,1BA$782
The Local ApartmentsRoss - 1 Bed, 1 Bath1BR,1BA$808
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$818
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$836

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

As of June 06, 2026 the best value apartment in the Hickory Ridge-South Riverdale area is the $0.87 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square Apartments in the in the Oakhaven neighborhood starting from $1,399. 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 Square Apartments4 bedroom 2.5 bathroom4BR,2.5BA$0.87
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.01
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1.01
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Emerald Park Apartments2 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 Top2BR,1BA$1.07
Windsor Place1X1B1BR,1BA$0.92

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!

Read Article
Decorative image

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Ranked #20

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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

What is the Cheapest Studio apartment in Hickory Ridge-South Riverdale?

Currently the most affordable Cheap Studio Apartment in Hickory Ridge-South Riverdale is at Springs at Buckingham Farms listed at $1,231.

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 $645 at Windsor Place.

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 $825 at Windsor Place.

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.

Helpful Local Expert Guides

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

decorative image for College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive article

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

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

decorative image for The Local Memphis Experts Guide to Renting Near the Citys Top Employers article

The Local Memphis Experts Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

decorative image for Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City article

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

Articles, How-To's, and Tips

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.