109 N Main St
MemphisTN38103
Cheap Homes for Rent in Riverwalk Neighborhood of Memphis, TN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverwalk area of Memphis.
720 Litty Ct
MemphisTN38103
129 Talbot Ave
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.
92 S Main St, Unit 102
92 S Main St
MemphisTN38103
10 N Main St
MemphisTN38103
66 Monroe 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
Riverwalk, Memphis, TN Local Guide
How much does it cost to rent a home in Riverwalk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwalk 2 Bedroom Homes for Rent | $1,982 | $1,500 | $2,995 |
| Riverwalk 3 Bedroom Homes for Rent | $2,528 | $1,990 | $2,850 |
| Riverwalk 4 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Memphis, TN.
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Riverwalk, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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- Local Counties
Cheapest Available Riverwalk Apartments for Rent
The cheapest available apartment rental in the Riverwalk 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 Riverwalk 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 | $856 |
Best Value Apartments for Rent in Riverwalk, TN
As of April 13, 2026 the best value apartment in the Riverwalk area is the $0.92 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 Riverwalk apartment is the 505 S Main St Model at 505 S Main St, Unit 509 South Main #102 starting at $1,750 with a $1.07 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Marine Residence | 2 Bedroom | 2BR,2BA | $0.92 |
| 505 S Main St, Unit 509 South Main #102 | 505 S Main St | 2BR,2BA | $1.07 |
| Lofts at Merchant Row | Floor Plan A | 1BR,1.5BA | $1.36 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| The Washburn | WAS-A4 | 1BR,1BA | $1.22 |
| 2nd Street Flats | 22A60 | 2BR,2BA | $1.39 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.40 |
| 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 |
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!
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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 LifestyleRiverwalk, Memphis, TN
Ranked #30
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Riverwalk
What type of rentals are currently available in Riverwalk?
There are currently 128 Apartments for Rent in Riverwalk, TN with pricing that ranges from $760 to $4,900. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwalk ranging from $845 to $3,495.
What is the current price range for Rental Homes in Riverwalk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwalk ranges from $845 to $3,495 with an average monthly rent of $2,036.
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.
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.
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.
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.