Cheap Apartments for Rent in the South Bluff Neighborhood of Memphis, TN from $500 (38 Rentals)

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

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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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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
Showing Results 1-38, Page 1 of 1

South Bluff, Memphis, TN Local Guide

Cheapest Available South Bluff Apartments for Rent

 

The cheapest available apartment rental in the South Bluff area of Memphis, TN is a 2 Beds unit found at Longview Gardens priced from $579. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable South Bluff apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Gardens2 Bedroom2BR,1BA$579
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$775
Helix at the District1S1BR,1BA$860
Indigo RiverviewPowellStudio,1BA$910
Exchange Building1 Bedroom Small1BR,1BA$925
Studio RasaEfficiencyStudio,1BA$925
The ChiscaA1r1BR,1BA$927
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950

Best Value Apartments for Rent in South Bluff, TN

As of July 22, 2025 the best value apartment in the South Bluff 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 South Bluff apartment is the 2 Bedroom Model at The Marine Residence starting at $1,850 with a $1.44 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for South Bluff apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RiverLofts @ 460 TennesseeRiverLoft 2BR2BR,2BA$1.41
The Marine Residence2 Bedroom2BR,2BA$1.44
Court Square Apartments1 BR1BR,1BA$1.44
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
The WashburnA51BR,1BA$1.28
Longview Gardens2 Bedroom2BR,1BA$0.73
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$1.40
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44

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Pet Friendly Lifestyle
South Bluff, Memphis, TN

Ranked #9

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.com is happy to bring you Lifestyle Ratings of rentals in areas across the United States and customized analysis for Central Memphis, TN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the South Bluff Neighborhood in Memphis, TN

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap South Bluff Apartments

What is a cheap apartment in South Bluff?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Bluff is under $950.

What is the price of a cheap apartment in South Bluff?

The cheapest apartment in South Bluff is Owens Place Townhomes which is listed at $760, while the average apartment in South Bluff costs $2,299.

What types of apartments are the cheapest in South Bluff?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in South Bluff that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Bluff?

Cheap apartments in South Bluff have an average cost of $132 which is $2,167 cheaper than the average rent for all rentals in South Bluff.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.