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$634 - $1,123Studio to 2 Bedroom Apartments Available Now
The Pulse Apartments
57 N Somerville StMemphis, TN 38104
Cheap Apartments for Rent in the South City Neighborhood of Memphis, TN from $300 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the South City area of Memphis.
1277 Carr Ave
MemphisTN38104
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Rent Specials
$798 - $1,1281 to 2 Bedroom Apartments Available Now
Azur Tower
305 S Bellevue BlvdMemphis, TN 38104
1235 Vinton Ave
MemphisTN38104
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$8802 Bedroom Apartments Available Now
Linden Yards Apartments
707-747 Linden Yard DrMemphis, TN 38126
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$8952 Bedroom Apartments Available Now
Peabody Village
972 Peabody AveMemphis, TN 38104
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
639 Mississippi Blvd
MemphisTN38126
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$9002 Bedroom Apartments Contact Us For Availability
1170 Peabody Ave
1170 Peabody AveMemphis, TN 38104
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$900 - $1,050
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1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900 - $1,050
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$900 - $1,050
Faulkner Court Apartments
1034 Court AveMemphis, TN 38104
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$950 - $9951 Bedroom Apartments Available Now
280 Vance Flats
280 Vance AveMemphis, TN 38126
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$9751 Bedroom Apartments Available Aug 1
1261 Central Ave, Unit 3
1261 Central AveMemphis, TN 38104
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1 to 2 Bedroom Apartments
321 Pauline St
321 Pauline StMemphis, TN 38104
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 Bedroom Apartments
Medical Center Apartments
1177 Linden AveMemphis, TN 38104
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Studio to 2 Bedroom Apartments
SoMa 23
23 S Pauline StMemphis, TN 38104
1024 S Wellington St
MemphisTN38126
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1 to 4 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
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2 Bedroom Apartments
487 Williams Ave
487 Williams AveMemphis, TN 38126
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2 to 3 Bedroom Apartments
Mason Homes on 4th
900 S 4th StMemphis, TN 38126
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.
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1 to 2 Bedroom Apartments
Colonial Apartments
1220 Madison AveMemphis, TN 38104
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2 Bedroom Apartments
Caprice
1259 Harbert AveMemphis, TN 38104
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3 Bedroom Apartments
Pontotoc Gardens
537-539 Pontotoc AveMemphis, TN 38126
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1 to 3 Bedroom Apartments
1058 Peabody Ave
1058 PeabodyMemphis, TN 38104
1195 Dorothy Pl
MemphisTN38104
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1 to 3 Bedroom Apartments
Forum Flats
441 E Pontotoc AveMemphis, TN 38126
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
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1 Bedroom Apartments
Faulkner Court Apartments
737 Court AveMemphis, TN 38105
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1 Bedroom Apartments
1162 Peabody Ave
1162 Peabody AveMemphis, TN 38104
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1 Bedroom Apartments
Hunt-Phelan Apartments
533 Beale StMemphis, TN 38103
Showing Results 1-27, Page 1 of 1
South City, Memphis, TN Local Guide
How much does it cost to rent an apartment in South City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South City Studio Apartments | $788 | $634 | $833 |
| South City 1 Bedroom Apartments | $1,068 | $650 | $1,950 |
| South City 2 Bedroom Apartments | $1,388 | $880 | $2,138 |
| South City 3 Bedroom Apartments | $2,301 | $2,235 | $2,415 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the South City Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
South City, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available South City Apartments for Rent
The cheapest available apartment rental in the South City area of Memphis, TN is a Studio unit found at The Pulse Apartments priced from $634. 487 Williams Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable South City apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Pulse Apartments | Studio 1 Bathroom | Studio,1BA | $634 |
| 487 Williams Ave | 2 Beds, 1 Baths | 2BR,1BA | $750 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $809 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
| Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $895 |
| Faulkner Court Apartments | 1 Bedroom Apt | 1BR,1BA | $900 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $973 |
| Bristol On Union Apartment Homes | The Chatsworth, 1 Bedroom 1 Bath | 1BR,1BA | $1,315 |
| Urban Loft Co. Memphis- Utilties Included | The Urban Loft A | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in South City, TN
As of July 27, 2026 the best value apartment in the South City area is the $0.97 price per square foot Two Bedroom Model at Linden Yards Apartments in the in the Downtown Memphis neighborhood starting from $880. The second greatest value South City apartment is the 2 Beds, 1 Baths Model at Peabody Village starting at $895 with a $1.08 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for South City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $1.08 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.44 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.53 |
| Bristol On Union Apartment Homes | The Williamsburg, 1 Bedroom 1 Bath | 1BR,1BA | $2.24 |
| Faulkner Court Apartments | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| Urban Loft Co. Memphis- Utilties Included | The Urban Loft D | 1BR,1BA | $3.17 |
| The Pulse Apartments | Studio 1 Bathroom | Studio ,1BA | $2.59 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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If you’re an expert on all things South City, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleSouth City, Memphis, TN
Ranked #82
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap South City Apartments
What is a cheap apartment in South City?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South City is under $1,400.
What is the price of a cheap apartment in South City?
The cheapest apartment in South City is The Pulse Apartments which is listed at $779, while the average apartment in South City costs $2,255.
What types of apartments are the cheapest in South City?
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 29 regular apartments in South City 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.
Helpful Local Expert Guides
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.