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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 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the South City area of Memphis.
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Rent Specials
$798 - $1,1281 to 2 Bedroom Apartments Available Now
Azur Tower
305 S Bellevue BlvdMemphis, TN 38104
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$8802 Bedroom Apartments Available Now
Linden Yards Apartments
707-747 Linden Yard DrMemphis, TN 38126
1205 Vance Ave
MemphisTN38104
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$900 - $1,0501 Bedroom Apartments Available Now
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
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 2 Bedroom Apartments
321 Pauline St
321 Pauline StMemphis, TN 38104
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1 to 2 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
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1 to 4 Bedroom Apartments
Cleaborn Pointe at Heritage Senior Apartments
460 S Lauderdale StMemphis, TN 38126
651 Walnut St
MemphisTN38126
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2 to 3 Bedroom Apartments
Mason Homes on 4th
900 S 4th StMemphis, TN 38126
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.
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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
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2 Bedroom Apartments
Peabody Village
972 Peabody AveMemphis, TN 38104
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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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2 Bedroom Apartments
1170 Peabody Ave
1170 Peabody AveMemphis, TN 38104
Showing Results 1-20, 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 | $844 | $634 | $1,125 |
| South City 1 Bedroom Apartments | $1,099 | $779 | $1,850 |
| South City 2 Bedroom Apartments | $1,424 | $880 | $2,173 |
| South City 3 Bedroom Apartments | $2,390 | $2,390 | $2,390 |
| South City 4 Bedroom Apartments | $2,300 | $2,300 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 20 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. Azur Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. 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 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $820 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
| Faulkner Court Apartments | 1 Bedroom Apt | 1BR,1BA | $900 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
Best Value Apartments for Rent in South City, TN
As of April 09, 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 2BR/1.0BA Model at 1170 Peabody Ave starting at $1,000 with a $1.32 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 |
| 1170 Peabody Ave | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Orleans Station | 1BR - Large | 1BR,1BA | $1.83 |
| Bristol On Union Apartment Homes | The Kensington, 1 Bedroom 1 Bath | 1BR,1BA | $2.13 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.21 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Faulkner Court Apartments | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| 1162 Peabody Ave | 1 Bed, 1 bath | 1BR,1BA | $2.98 |
| The Pulse Apartments | Studio 1 Bathroom | Studio ,1BA | $2.59 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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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Pet Friendly LifestyleSouth City, Memphis, TN
Ranked #79
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 $1,370.
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 $2,390.
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 10 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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.