306 S Lauderdale St
MemphisTN38126
Cheap Homes for Rent in South City Neighborhood of Memphis, TN from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South City area of Memphis.
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.
1024 S Wellington St
MemphisTN38126
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.
643 Walnut St
MemphisTN38126
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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 | $825 | $675 | $1,000 |
| South City 4 Bedroom Homes for Rent | $2,490 | $2,490 | $2,490 |
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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Best Value Apartments for Rent in South City, TN
As of January 06, 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 Peabody Station Apartments starting at $1,025 with a $1.35 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 Station Apartments | 2BR/1.0BA | 2BR,1BA | $1.35 |
| Azur Tower | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.40 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
| Bristol On Union Apartment Homes | The Medici Studio, 1 Bedroom 1 Bath | 1BR,1BA | $1.92 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Orleans Station | 1BR - Small | 1BR,1BA | $2.08 |
| Faulkner Court Apartments | 1 Bedroom Apt | 1BR,1BA | $1.50 |
| The Pulse Apartments | Studio 1 Bathroom | Studio ,1BA | $2.59 |
Frequently Asked Questions about South City
What type of rentals are currently available in South City?
There are currently 143 Apartments for Rent in South City, TN with pricing that ranges from $775 to $2,390. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in South City ranging from $550 to $2,490.
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 $550 to $2,490 with an average monthly rent of $1,386.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.