
Cheap Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Forum area of Memphis.


1024 S Wellington St

Owens Place Townhomes

Linden Yards Apartments

South Main Artspace Lofts

The Chisca

Lofts at Union Alley

Fielder Square
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.

National Rose Co.

South Junction Apartments

South Line at Central Station

Downtown Memphis Flats

The Tennessee Brewery Apartments

The Landing Residences
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The Rise Apartments

266 Lofts

628 Madison Ave

Urban Loft Co. Memphis- Utilties Included

50 Peabody Place

The Oliver Luxury Apartments

Cleaborn Pointe at Heritage Senior Apartments
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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 | $1,097 | $560 | $1,594 |
| South Forum 1 Bedroom Apartments | $1,478 | $525 | $2,148 |
| South Forum 2 Bedroom Apartments | $2,246 | $625 | $5,900 |
| South Forum 3 Bedroom Apartments | $2,355 | $997 | $2,920 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the South Forum Neighborhood of Memphis, TN.
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South Forum, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available South Forum Apartments for Rent
 The cheapest available apartment rental in the South Forum area of Memphis, TN is a 1 Bed unit found at Owens Place Townhomes priced from $760. Edison Park has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable South Forum apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
| Edison Park | One Bedroom Garden South | Studio,1BA | $825 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
| Printer's Alley Lofts | PAL-A2 | 1BR,1BA | $900 |
| The Chisca | A1r | 1BR,1BA | $927 |
| Fielder Square | E2 Studio | Studio,1BA | $944 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $953 |
| Lofts at Merchant Row | Floor Plan E | 1BR,1BA | $995 |
| South Line at Central Station | studio | Studio,1BA | $999 |
Best Value Apartments for Rent in South Forum, TN
As of December 29, 2025 the best value apartment in the South Forum area is the $1.24 price per square foot 32A60 Model at 2nd Street Flats in the in the Downtown Memphis neighborhood starting from $1,314. The second greatest value South Forum apartment is the 2 bd / 2 ba Model at 628 Madison Ave starting at $1,350 with a $1.35 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for South Forum apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2nd Street Flats | 32A60 | 3BR,2BA | $1.24 |
| 628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Museum Lofts | The Delta | 1BR,1BA | $1.42 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.39 |
| Patterson Flats | 1-A | 1BR,1BA | $1.27 |
| Edison Park | Two Bedroom High-Rise | Studio ,1BA | $1.20 |
| Lofts at Merchant Row | Floor Plan E | 1BR,1BA | $1.42 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
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
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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.
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 Forum, Memphis, TN
Ranked #33
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap South Forum Apartments
What is the Cheapest Studio apartment in South Forum?
Currently the most affordable Cheap Studio Apartment in South Forum is at Edison Park listed at $825.
How much is rent for a Cheap One Bedroom South Forum Apartment?
The lowest price for a Cheap One Bedroom South Forum Apartment is $760 at Owens Place Townhomes.
What is the lowest price for a Cheap Two Bedroom South Forum Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Forum is starting from $880 at Linden Yards Apartments.
What is the most affordable South Forum Three Bedroom Apartment?
The best deal on a cheap South Forum Three Bedroom Apartment rental is at Owens Place Townhomes and starts from $1,020.
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.

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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.





















