
Cheap 3 Bedroom Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $1,020 (9 Rentals)


Pontotoc Gardens

Cleaborn Pointe at Heritage Senior Apartments

Mason Homes on 4th
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

South Main Artspace Lofts

852 Ioka Ave

Forum Flats

2nd Street Flats
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Crescent Bluff
South Forum, Memphis, TN Local Guide

How much does it cost to rent an apartment in South Forum?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Forum Studio Apartments | $1,117 | $560 | $1,710 |
| South Forum 1 Bedroom Apartments | $1,444 | $525 | $2,247 |
| South Forum 2 Bedroom Apartments | $2,043 | $600 | $4,900 |
South Forum 3 Bedroom Apartments | $2,586 | $1,020 | $3,040 |
Explore Memphis
Frequently Asked Questions about Cheap South Forum Apartments
What is a cheap apartment in South Forum?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Forum is under $999.
What is the price of a cheap apartment in South Forum?
The cheapest apartment in South Forum is Owens Place Townhomes which is listed at $1,020, while the average apartment in South Forum costs $2,865.
What types of apartments are the cheapest in South Forum?
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 71 regular apartments in South Forum that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Forum?
Cheap apartments in South Forum have an average cost of $705 which is $2,160 cheaper than the average rent for all rentals in South Forum.
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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