
Cheap Apartments for Rent in the South City Neighborhood of Memphis, TN from $395 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the South City area of Memphis.


1229 Vinton Ave

1277 Carr Ave

Azur Tower

1235 Vinton Ave

Linden Yards Apartments

639 Mississippi Blvd
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1170 Peabody Ave

Total Monthly Price
Faulkner Court Apartments

321 Pauline St

306 S Lauderdale St

Medical Center Apartments

SoMa 23

1024 S Wellington St
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487 Williams Ave

Mason Homes on 4th

Colonial Apartments

Caprice

Pontotoc Gardens

Peabody and Dudley

Peabody Village
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1058 Peabody Ave

1195 Dorothy Pl
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 | $810 | $634 | $833 |
| South City 1 Bedroom Apartments | $1,081 | $650 | $1,950 |
| South City 2 Bedroom Apartments | $1,390 | $880 | $2,173 |
| South City 3 Bedroom Apartments | $2,402 | $2,390 | $2,415 |
Browse Apartments in this Neighborhood
There are currently 23 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 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 $695. 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 | $695 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $809 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
| Peabody and Dudley | B1 | 2BR,1BA | $895 |
Best Value Apartments for Rent in South City, TN
As of September 10, 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 1BR - Large Model at Orleans Station starting at $1,423 with a $1.90 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. |
|---|---|---|---|
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Orleans Station | 1BR - Large | 1BR,1BA | $1.90 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.44 |
| Bristol On Union Apartment Homes | The Chatsworth, 1 Bedroom 1 Bath | 1BR,1BA | $2.00 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.53 |
| 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!
Read ArticleDon'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 ArticleNavigating 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.
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.
Read ArticleQuick 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.
Pet Friendly LifestyleSouth City, Memphis, TN
Ranked #84
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 $979.
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 51 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

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