
Cheap 3 Bedroom Apartments for Rent in the South Memphis Neighborhood of Memphis, TN from $825 (73 Rentals)


Creekside Meadows

Emberly Apartments

2168 Carnes Ave

452 Delta Rd

362 Hewlett Rd

Faronia Square

Wesley Forest

Oakwood Meadows Estates

Weaver Fields Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Ruby Oaks Apartments

Colonial Village Apartments

Hunter Oaks Apartments

2325 Riley Ave

1271 Chickamauga Ave

4328 Arrow Cove

1549 Patton St

49 Otsego Dr

The Posts

Sutton at Shelby
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

939 Seattle St

Valley Forge

Harold Ford Senior Villas

Presidential West Apartments

381 Cambridge Ave

1388 Kyle St

Alpha Renaissance Apartments

Cleaborn Pointe at Heritage Senior Apartments

3166 Winslow Rd

Summit Park Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Mason Homes on 4th

Cane Creek Apartments

4346 Falcon Dr

1008 Walk Rd

637 Leacrest Ave

4334 Melwood St

Cooper-Young Apartments

Lakeville Townhomes

Gospel Gardens

673 W Raines Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3696 Buffalo Rd

858 Eyers Rd

4638 Appleville St

3740 Parrot Cove

4258 Briarberry Ln

South Main Artspace Lofts

1248 Greenwood St

1393 Gold Ave

756 S Pkwy E

Manor Park Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $945 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $990 | $450 | $1,650 |
| South Memphis 2 Bedroom Apartments | $1,012 | $562 | $2,775 |
South Memphis 3 Bedroom Apartments | $1,050 | $825 | $1,695 |
| South Memphis 4 Bedroom Apartments | $1,151 | $1,014 | $2,150 |
Explore Memphis
South Memphis, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
College 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 ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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 #24
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap South Memphis Apartments
What is the Cheapest Studio apartment in South Memphis?
Currently the most affordable Cheap Studio Apartment in South Memphis is at Creekside Meadows listed at $830.
How much is rent for a Cheap One Bedroom South Memphis Apartment?
The lowest price for a Cheap One Bedroom South Memphis Apartment is $830 at Creekside Meadows.
What is the lowest price for a Cheap Two Bedroom South Memphis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Memphis is starting from $830 at Creekside Meadows.
What is the most affordable South Memphis Three Bedroom Apartment?
The best deal on a cheap South Memphis Three Bedroom Apartment rental is at Creekside Meadows and starts from $830.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
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I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
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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.
Articles, How-To's, and Tips

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.