Cheap Apartments for Rent in the South Bluff Neighborhood of Memphis, TN from $500 (42 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
Showing Results 1-42, 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 Studio unit found at Edison Park priced from $560. Longview Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $574. Here are the most affordable South Bluff apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Edison ParkOne Bedroom 240sqftStudio,1BA$560
Longview Gardens2 Bedroom2BR,1BA$574
Owens Place Townhomes1 Bed Flat1BR,1BA$760
The Drew1 Bedroom 1 Bathroom1BR,1BA$800
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$850
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
Pressbox LoftsTimes New RomanStudio,1BA$895
Peabody Village2 Beds, 1 Baths2BR,1BA$895
Exchange Building1 Bedroom Small1BR,1BA$925
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$925

Best Value Apartments for Rent in South Bluff, TN

As of September 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 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
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Peabody Village2 Beds, 1 Baths2BR,1BA$1.08
Longview Gardens2 Bedroom2BR,1BA$0.73
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
The Drew1 Bedroom 1 Bathroom1BR,1BA$1.14
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
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 $925.

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 $2,389.

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 48 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 $118 which is $2,271 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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.