Cheap Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $500 (51 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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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
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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
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc 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
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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
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Van Vleet Flats
1 to 2 Bedroom Apartments

Van Vleet Flats

122 Gayoso AveMemphis, TN 38103
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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50 Peabody Place
Studio to 2 Bedroom Apartments

50 Peabody Place

50 Peabody PlMemphis, TN 38103
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Cabinet Shop Lofts
Studio to 2 Bedroom Apartments

Cabinet Shop Lofts

436 S Front StMemphis, TN 38103

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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
The ChiscaA1r1BR,1BA$927
Lofts at Union AlleyE2Studio,1BA$948
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
Forum Flats1-C Type B-60%1BR,1BA$955
South Junction ApartmentsThe EdgeStudio,1BA$999
The WashburnWAS-A41BR,1BA$999

Best Value Apartments for Rent in South Forum, TN

As of April 16, 2026 the best value apartment in the South Forum area is the $1.07 price per square foot 505 S Main St Model at 505 S Main St, Unit 509 South Main #102 in the in the Downtown Memphis neighborhood starting from $1,750. The second greatest value South Forum apartment is the Floor Plan A Model at Lofts at Merchant Row starting at $1,695 with a $1.36 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.
505 S Main St, Unit 509 South Main #102505 S Main St2BR,2BA$1.07
Lofts at Merchant RowFloor Plan A1BR,1.5BA$1.36
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
The WashburnWAS-A41BR,1BA$1.22
2nd Street Flats22A602BR,2BA$1.39
Crescent Bluff22A602BR,2BA$1.40
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 $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 $760, 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.

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