
Cheap Apartments for Rent in the South Memphis Neighborhood of Memphis, TN from $400 (212 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the South Memphis area of Memphis.


Peabody Village

639 Mississippi Blvd

Goodbar Townhomes

Total Monthly Price
Welcome to Holmes Pointe Apartments!

1170 Peabody Ave

Faronia Square

Hunter Oaks Apartments

The Flats @ Cooper Young

362 Hewlett Rd
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.

Peabody Falls Apartments

National Rose Co.

1261 Central Ave, Unit 3

Total Monthly Price
Shelby Pointe Townhomes

1954 Manila Ave

3412 Lucibill Rd

2038 Southern Ave

The Linden

4328 Arrow Cove

Belvedere Place
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.

931 Calvin Rd

2325 Riley Ave

783 Nonconnah Rd

1271 Chickamauga Ave

The Melrose Midtown

1549 Patton St

4766 Applestone St

Georgian Woods

4960 Frankie Ln

4420 Double Tree St
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.

4125 Michael Rd

2054 Benford St

1270 Chickamauga Ave

Chambliss Village Townhomes

939 Seattle St

Mississippi Court Apartments

Birchleaf Apartments

Valley Forge

Sterling Townhomes

Westwood Manor Elderly Cottages
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.

Coronado Manor

Divine Properties Complex

1485 E Mallory Ave

Harold Ford Senior Villas

Thompson Court Apartments

Edgewood Townhomes

2309 Warren St

1277 Airways Blvd

Willie Mitchell Apartments

Presidential West 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 | $978 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $959 | $495 | $1,650 |
| South Memphis 2 Bedroom Apartments | $982 | $562 | $2,300 |
| South Memphis 3 Bedroom Apartments | $1,043 | $825 | $1,795 |
| South Memphis 4 Bedroom Apartments | $1,132 | $1,014 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 212 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
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 Bantam Springbrook Apartments listed at $675.
How much is rent for a Cheap One Bedroom South Memphis Apartment?
The lowest price for a Cheap One Bedroom South Memphis Apartment is $598 at Emberly Apartments.
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 $558 at Longview Gardens.
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 $825.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.