
Cheap Homes for Rent in the South City Neighborhood of Memphis, TN from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South City area of Memphis.

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South City, Memphis, TN Local Guide

How much does it cost to rent a home in South City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South City 2 Bedroom Homes for Rent | $1,325 | $675 | $2,050 |
| South City 3 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| South City 6 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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
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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!
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 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 #82
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about South City
What type of rentals are currently available in South City?
There are currently 149 Apartments for Rent in South City, TN with pricing that ranges from $634 to $2,415. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in South City ranging from $675 to $4,000.
What is the current price range for Rental Homes in South City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South City ranges from $675 to $4,000 with an average monthly rent of $2,043.
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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