
Apartments for Rent in the South Memphis Neighborhood of Memphis, TN (808 Rentals)


The Melrose Midtown

The Bonsai at Central Gardens

South Line at Central Station

South Bluffs Apartments

The Marine Residence

Georgian Woods

The Posts

Emberly Apartments

Total Monthly Price
Shelby Pointe Townhomes
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Townhomes @ 2115

Graceland Flats

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Welcome to Holmes Pointe Apartments!

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Graceland Pointe Apartments

National Rose Co.

Wesley Forest

Central Gardens

Sunrise Terrace Apartments

The Flats @ Cooper Young

1170 Peabody Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Peabody Place

Peabody Falls Apartments

Creekside Meadows

Whispering Pines

Mill Creek Apartments

Chambliss Village Townhomes

Faronia Square

Highland Meadows Apartments

Sutton at Shelby

Hunter Oaks Apartments
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Colonial Village Apartments

Goodbar Townhomes

Longview Gardens

Winchester Grove

Belvedere Place

The Linden

1261 Peabody Ave

Peabody Village

Wilson Townhomes

Raintree Apartments
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Melrose Court Apartments

Longview Heights

Bantam Springbrook Apartments

Pinetree Place Apartments

Ruby Oaks Apartments

Weaver Fields Apartments

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505 S Main St, Unit 505 South Main #202

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515 S Main St, Unit Woodard Properties

2000 Walker Ave

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1101 S Rembert St, Unit 1101
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
South Memphis, Memphis, TN Local Guide

How much does it cost to rent an apartment in South Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Memphis Studio Apartments | $977 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $954 | $598 | $1,700 |
| South Memphis 2 Bedroom Apartments | $985 | $562 | $2,300 |
| South Memphis 3 Bedroom Apartments | $1,042 | $879 | $1,695 |
| South Memphis 4 Bedroom Apartments | $1,125 | $1,014 | $2,150 |
How much does it cost to rent a home in South Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,226 | $675 | $2,500 |
| 3 Bedroom Homes | $1,323 | $850 | $3,500 |
| 4 Bedroom Homes | $1,658 | $895 | $3,895 |
| 5 Bedroom Homes | $1,998 | $1,095 | $4,900 |
| 6 Bedroom Homes | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 808 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
South Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleCollege Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 Memphis, Memphis, TN
Ranked #27
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Tennessee and customized analysis for Memphis, Tennessee. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendliness, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Family-Friendly Rating
A family-friendly apartment community may be just the ticket if you have little ones when you rent. Amongst all of the neighborhoods in Memphis, this neighborhood is one of the best submarkets for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. These features include things like green spaces, pet amenities, playgrounds, picnic areas, recreation rooms, walking and biking trails, and more.
Outdoors Rating
Do you like nice outdoor spaces? South Memphis is a highly-rated residential submarket for having parks and greenspace, with a score of 4.0 out of 4.
Luxury Living Rating
This residential area has established a name for itself as amongst the finest higher-end neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, concierge services, park access, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include wood-burning fireplaces, tennis courts, and a full-time security staff or doorman.
Pet Friendly Rating
Are there pets in your life? this area of Memphis ranks highly for raising pets (dogs and cats), with a score of 4.0 out of 4.
Frequently Asked Questions about South Memphis
What is the current pricing and availability for apartments for rent in the South Memphis area of Memphis, TN?
As of today, August 18, 2026, there are currently 808 available South Memphis apartments priced from $547 to $2,300, with an average monthly rent of $1,001.
How much are Studio apartments in South Memphis?
There are currently 223 Studio Apartments in South Memphis with rent ranges from $547 to $1,450 with an average price of $977.
What is the current price range for One Bedroom South Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Memphis ranges from $598 to $1,700 with an average monthly rent of $954.
What does renting a Two Bedroom Apartment in South Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Memphis range from $562 to $2,300. Today's average rental price for Two Bedrooms here is $985.
How expensive are South Memphis Three Bedroom Apartments?
There are currently 79 Three Bedroom Apartments listings available in South Memphis on ApartmentHomeLiving.com. The pricing ranges from $879 to $1,695 - averaging $1,042 for the location.
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.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.