
Cheap Apartments for Rent in the South Forum Neighborhood of Memphis, TN from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Forum area of Memphis.


Owens Place Townhomes

Lofts at Union Alley

Linden Yards Apartments

South Main Artspace Lofts

The Chisca

Fielder Square

National Rose Co.

South Junction Apartments

South Line at Central Station

Downtown Memphis Flats

628 Madison Ave

The Rise Apartments

The Landing Residences

Urban Loft Co. Memphis- Utilties Included

The Tennessee Brewery Apartments

50 Peabody Place

Cleaborn Pointe at Heritage Senior Apartments
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 | $1,100 | $560 | $1,594 |
South Forum 1 Bedroom Apartments | $1,494 | $525 | $2,100 |
South Forum 2 Bedroom Apartments | $2,156 | $695 | $5,900 |
South Forum 3 Bedroom Apartments | $2,457 | $997 | $3,350 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the South Forum Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
South Forum, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
Edison Park | One Bedroom High-Rise | Studio,1BA | $765 |
Crescent Bluff | 11A50 | 1BR,1BA | $784 |
Lofts at Union Alley | E2 | Studio,1BA | $856 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $880 |
The Chisca | A1r | 1BR,1BA | $927 |
Fielder Square | E1 Studio | Studio,1BA | $938 |
280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $950 |
Forum Flats | 1-C Type B-60% | 1BR,1BA | $953 |
Patterson Flats | 1-B | 1BR,1BA | $955 |
Best Value Apartments for Rent in South Forum, TN
As of September 29, 2025 the best value apartment in the South Forum area is the $1.41 price per square foot RiverLoft 2BR Model at RiverLofts @ 460 Tennessee in the in the Downtown Memphis neighborhood starting from $2,600. The second greatest value South Forum apartment is the 32A60 Model at 2nd Street Flats starting at $1,307 with a $1.23 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. |
---|---|---|---|
RiverLofts @ 460 Tennessee | RiverLoft 2BR | 2BR,2BA | $1.41 |
2nd Street Flats | 32A60 | 3BR,2BA | $1.23 |
628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
The Washburn | WAS-A5 | 1BR,1BA | $1.28 |
Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Crescent Bluff | 22A60 | 2BR,2BA | $1.39 |
Patterson Flats | 1-B | 1BR,1BA | $1.26 |
Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
Quick 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 #30
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 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 $955.
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 $2,850.
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 9 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 $183 which is $2,667 cheaper than the average rent for all rentals in South Forum.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide
Written by: Amber Kanuckel
Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.