Cheap Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $400 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Forum area of Memphis.

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The Chisca
Rent Specials
$947 - $2,913
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,913
Total Monthly Price
$947 - $2,913
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
Corporate Housing
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  • 3D Tour

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property at 129 Talbot Ave

$1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,625
Total Monthly Price
$1,625

2 Bedroom, 1 Bath Condo for Rent

Available Now

129 Talbot Ave, Unit 103

129 Talbot Ave
MemphisTN38103

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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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W.L.
Studio to 2 Bedroom Apartments

W.L.

267 S Main StMemphis, TN 38103
  • Utilities Included
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
  • Utilities Included
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
  • Utilities Included

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The Washburn
1 to 2 Bedroom Apartments

The Washburn

60 S Main StMemphis, TN 38103
Corporate Housing
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Hope Heights Tower
Studio to 2 Bedroom Apartments

Hope Heights Tower

383 Madison AveMemphis, TN 38103
Senior Living
  • Utilities Included
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Annex Lofts
1 to 2 Bedroom Apartments

Annex Lofts

345 S Front StMemphis, TN 38103
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Main Street Flats
Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
  • Utilities Included
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Cornerstone Flats
1 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
  • Utilities Included

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Showing Results 1-50, Page 1 of 2

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 $765. Here are the most affordable South Forum apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Edison ParkOne Bedroom High-RiseStudio,1BA$765
Crescent Bluff11A501BR,1BA$784
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
Forum Flats1-C Type B-60%1BR,1BA$955
Fielder SquareE2 StudioStudio,1BA$991
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
266 LoftsA1 Phase II1BR,1BA$1,000

Best Value Apartments for Rent in South Forum, TN

As of June 01, 2026 the best value apartment in the South Forum area is the $1.36 price per square foot Floor Plan A Model at Lofts at Merchant Row in the in the Downtown Memphis neighborhood starting from $1,695. The second greatest value South Forum apartment is the B1 Phase II Model at 266 Lofts starting at $1,500 with a $1.46 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts at Merchant RowFloor Plan A1BR,1.5BA$1.36
266 LoftsB1 Phase II2BR,2BA$1.46
628 Madison Ave1 bd / 1 ba1BR,1BA$1.10
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Museum LoftsThe Delta1BR,1BA$1.51
Crescent Bluff22A602BR,2BA$1.40
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$1.43
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Forum Flats1-C Type B-60%1BR,1BA$1.41
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44

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 $1,000.

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 $760, while the average apartment in South Forum costs $2,810.

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 53 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 $631 which is $2,179 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.

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