Cheap Apartments for Rent in the South Bluff Neighborhood of Memphis, TN from $400 (40 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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Downtown Memphis Flats
Rent Specials
$1,050 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,030 - $1,775
Required Monthly Fees
$20
Total Monthly Price
$1,050 - $1,795
1 to 2 Bedroom Apartments Contact Us For Availability

Downtown Memphis Flats

100 Gayoso AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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505 S Main St
$1,050 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,750
Total Monthly Price
$1,050 - $1,750
1 Bedroom Apartment Available Now

505 S Main St

505 S Main StMemphis, TN 38103
Affordability
  • Smoke Free
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The Landing Residences
Rent Specials
$1,073 - $6,292
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $6,234
Required Monthly Fees
$58
Total Monthly Price
$1,073 - $6,292
Studio to 2 Bedroom Apartments Available Now

The Landing Residences

1 Dr Martin Luther King Jr AveMemphis, TN 38103
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Oliver Luxury Apartments
Rent Specials
$1,195 - $5,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $5,768
Required Monthly Fees
$132
Total Monthly Price
$1,195 - $5,900
Studio to 3 Bedroom Apartments Available Now

The Oliver Luxury Apartments

7 Vance AveMemphis, TN 38103
Active Lifestyle
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  • 3D Tour
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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
property at 720 Litty Ct

$1,195

Studio Rentals

Available Now

720 Litty Ct

MemphisTN38103

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, 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 South Junction Apartments priced from $999. South Line at Central Station has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable South Bluff apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
South Bluffs Apartments8191BR,1BA$1,350
The Tennessee Brewery ApartmentsTHE TAP ROOM 1AA1BR,1BA$1,364

Best Value Apartments for Rent in South Bluff, TN

As of February 21, 2026 the best value apartment in the South Bluff area is the $1.09 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,653. The second greatest value South Bluff apartment is the NTM-B6 Model at Number 10 Main starting at $1,799 with a $1.34 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.
The Marine Residence2 Bedroom2BR,2BA$1.09
Number 10 MainNTM-B62BR,2BA$1.34
266 LoftsB1 Phase II2BR,2BA$1.46
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Longview Gardens2 Bedroom2BR,1BA$0.63
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
Azur Tower1 Bedroom 1 Bathroom1BR,1BA$1.37
Willie Mitchell Apartments2 Bed 1 Bath2BR,1BA$1.02

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!

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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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The 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.

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

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Quick 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 Lifestyle
South Bluff, Memphis, TN

Ranked #15

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.

Frequently Asked Questions about Cheap South Bluff Apartments

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 $1,725.

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 10 regular apartments in South Bluff that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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