Cheap Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $525 (49 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
Varies
Studio to 3 Bedroom Apartments Available Now

The Chisca

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

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Lofts at Union Alley
$976 - $2,184
Total Monthly Price

Total Monthly Price

Base Rent
$976 - $2,184
Total Monthly Price
$976 - $2,184
Studio to 1 Bedroom Apartments Available Now

Lofts at Union Alley

110 Barboro AlyMemphis, TN 38103
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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property at 731 Litty Ct

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

Studio, 1 Bath Condo for Rent

Available Now

731 Litty Ct, Unit 305

731 Litty Ct
MemphisTN38103
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487 Williams Ave
2 Bedroom Apartments

487 Williams Ave

487 Williams AveMemphis, TN 38126
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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
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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
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Hope Heights Tower
Studio to 2 Bedroom Apartments

Hope Heights Tower

383 Madison AveMemphis, TN 38103
Senior Living
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The Washburn
1 to 2 Bedroom Apartments

The Washburn

60 S Main StMemphis, TN 38103
Corporate Housing

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

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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
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Cornerstone Flats
1 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
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Van Vleet Flats
1 to 2 Bedroom Apartments

Van Vleet Flats

122 Gayoso AveMemphis, TN 38103
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50 Peabody Place
Studio to 2 Bedroom Apartments

50 Peabody Place

50 Peabody PlMemphis, TN 38103

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Showing Results 1-49, Page 1 of 1

Cheapest Available South Forum Apartments for Rent

 

The cheapest available apartment rental in the South Forum area of Memphis, TN is a 2 Beds unit found at 487 Williams Ave priced from $695. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable South Forum apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
487 Williams Ave2 Beds, 1 Baths2BR,1BA$695
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Crescent Bluff11A501BR,1BA$799
Edison ParkTwo Bedroom High-RiseStudio,1BA$865
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
Museum LoftsThe Rock-n-Soul1BR,1BA$895
Fielder SquareE2 StudioStudio,1BA$897
266 LoftsA1 Phase II1BR,1BA$950
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
Forum Flats1-C Type B-60%1BR,1BA$973

Best Value Apartments for Rent in South Forum, TN

As of August 30, 2026 the best value apartment in the South Forum area is the $1.09 price per square foot 1 Beds, 1 Baths Model at Downtown YMCA Lofts in the in the Downtown Memphis neighborhood starting from $1,250. The second greatest value South Forum apartment is the PAL-A9 Model at Printer's Alley Lofts starting at $1,090 with a $1.02 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.
Downtown YMCA Lofts1 Beds, 1 Baths1BR,1BA$1.09
Printer's Alley LoftsPAL-A91BR,1BA$1.02
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
South Main Artspace Lofts1 Bedroom1BR,1BA$1.02
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Crescent Bluff22A602BR,2BA$1.42
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$1.43
Patterson Flats1-A Type B1BR,1BA$1.30
Edison ParkTwo Bedroom High-RiseStudio ,1BA$1.20
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10

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 $973.

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 $1,420.

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 54 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 $610 which is $810 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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