Cheap Apartments for Rent in the Hickory Ridge-South Riverdale Neighborhood of Memphis, TN from $400 (36 Rentals)

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

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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118
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Lakes At Ridgeway
1 to 3 Bedroom Apartments

Lakes At Ridgeway

5995 Waterstone Oak WayMemphis, TN 38115
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Cedar Run Apartments
1 to 3 Bedroom Apartments

Cedar Run Apartments

5958 E Point DrMemphis, TN 38115
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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 The District Apartments priced from $665. Windsor Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Hickory Ridge-South Riverdale apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$665
Windsor Place1X1A1BR,1BA$675
Emerald Park-New1 bedroom 1 bathroom1BR,1BA$699
The Trails at Mt. Moriah1 bed 1 bath E1BR,1BA$699
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
Lakes At Ridgeway1/1-6501BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Riverdale1 Bed, 1 bath1BR,1BA$790
Stone Ridge at Germantown FallsStudioStudio,1BA$790
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835

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

As of November 27, 2025 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-New 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-New 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-New4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe-New3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.81
Emerald Park-New2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.03
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.21
Lakes At Ridgeway1/1-6501BR,1BA$1.15
Windsor Place1X1A1BR,1BA$1.10

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

Ranked #26

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

Pet Friendliness Lifestyle Score

3.0
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

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 Stone Ridge at Germantown Falls listed at $790.

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 $665 at The District Apartments.

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 $761 at The Trails at Mt. Moriah.

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 Emerald Park-New and starts from $1,095.

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.