Cheap Homes for Rent in South Forum Neighborhood of Memphis, TN from $500 (5 Rentals)

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

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South Forum, Memphis, TN Local Guide

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
628 Madison AveSmall StudioStudio,1BA$850

Best Value Apartments for Rent in South Forum, TN

As of June 05, 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 2 Bedroom Two Bathroom 2C Type B PBV Model at Forum Flats starting at $1,140 with a $1.04 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.
RiverLofts @ 460 TennesseeRiverLoft 2BR2BR,2BA$1.41
Forum Flats2 Bedroom Two Bathroom 2C Type B PBV2BR,2BA$1.04
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Museum LoftsThe Delta1BR,1BA$1.44
2nd Street Flats2x22BR,2BA$1.39
266 LoftsA11BR,1BA$1.39
Crescent BluffOne Bedroom One Bath 60%1BR,1BA$1.28
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44

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Frequently Asked Questions about South Forum

What type of rentals are currently available in South Forum?

There are currently 223 Apartments for Rent in South Forum, TN with pricing that ranges from $525 to $6,900. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Forum ranging from $550 to $3,995.

What is the current price range for Rental Homes in South Forum?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Forum ranges from $550 to $3,995 with an average monthly rent of $2,639.

How much are larger Three and Four Bedroom Rentals in South Forum?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Forum range from $1,020 to $3,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,250. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $2,995.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.