Cheap Apartments for Rent in the South Bluff Neighborhood of Memphis, TN from $500 (46 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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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included

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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 $550. Willie Mitchell Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable South Bluff apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Longview Gardens2 Bedroom2BR,1BA$550
Willie Mitchell Apartments2 Bed 1 Bath2BR,1BA$650
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Indigo RiverviewPowellStudio,1BA$779
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
Edison ParkOne Bedroom Garden SouthStudio,1BA$825
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$829
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850
Studio RasaEfficiencyStudio,1BA$925
The ChiscaA1r1BR,1BA$927

Best Value Apartments for Rent in South Bluff, TN

As of November 06, 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 - Urban Model at Uptown Square Apartments starting at $1,260 with a $1.09 price per square foot in the Downtown 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
Uptown Square Apartments2 Bedroom - Urban2BR,2BA$1.09
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Longview Gardens2 Bedroom2BR,1BA$0.70
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Edison ParkOne Bedroom Garden SouthStudio ,1BA$1.19
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$1.30
Willie Mitchell Apartments2 Bed 1 Bath2BR,1BA$1.02

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Pet Friendly Lifestyle
South Bluff, Memphis, TN

Ranked #11

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 $927.

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 $2,315.

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 251 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 $542 which is $1,773 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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Written by: Christine Leonard, Esq.

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