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.

Bristol On Union Apartment Homes

Azur Tower

Memphis Towers Senior Living

280 Vance Flats
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Linden Yards Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

City View Towers - 62+ Senior Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cleaborn Pointe at Heritage Senior Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,195 | $1,195 | $1,195 |
South City 1 Bedroom Apartments | $1,539 | $775 | $2,945 |
South City 2 Bedroom Apartments | $1,750 | $880 | $3,260 |
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.
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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 1 Bed unit found at Azur Tower priced from $775. Pulse has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable South City apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
Pulse | A1 | 1BR,1BA | $779 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $895 |
1058 Peabody Ave | 1058 Peabody Ave - 12 | 1BR,1BA | $895 |
280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
Forum Flats | 1 Bedroom 1 Bathroom 1-C Type B-60% | 1BR,1BA | $953 |
Urban Loft Co. Memphis- Utilties Included | The Urban Loft A | 1BR,1BA | $999 |
Peabody Station Apartments | 2BR/1.0BA | 2BR,1BA | $1,050 |
Bristol On Union Apartment Homes | The Williamsburg, 1 Bedroom 1 Bath | 1BR,1BA | $1,258 |
Best Value Apartments for Rent in South City, TN
As of July 11, 2025 the best value apartment in the South City area is the $1.11 price per square foot 3 Bedroom 2 Bathroom 3-A Type B-60%-PBV Model at Forum Flats in the in the Downtown Memphis neighborhood starting from $1,313. The second greatest value South City apartment is the Two Bedroom Model at Linden Yards Apartments starting at $880 with a $0.97 price per square foot in the Downtown Memphis 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. |
---|---|---|---|
Forum Flats | 3 Bedroom 2 Bathroom 3-A Type B-60%-PBV | 3BR,2BA | $1.11 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
1058 Peabody Ave | 1058 Peabody Ave - 12 | 1BR,1BA | $1.04 |
Peabody Village | 2 Beds, 1 Baths | 2BR,1BA | $1.08 |
Bristol On Union Apartment Homes | The Williamsburg, 1 Bedroom 1 Bath | 1BR,1BA | $1.76 |
Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.40 |
280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
Pulse | A1 | 1BR,1BA | $1.54 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleSouth City, Memphis, TN
Ranked #62
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the South City Neighborhood in Memphis, TN
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 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 City Apartments
What is the price of a cheap apartment in South City?
The cheapest apartment in South City is Azur Tower which is listed at $775, while the average apartment in South City costs $1,748.
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 7 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
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.