Cheap Apartments for Rent in the South Memphis Neighborhood of Memphis, TN from $450 (250 Rentals) Page 2 of 5

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

property at 427 Delta Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

427 Delta Rd

MemphisTN38109

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.

property at 1261 Central Ave
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1261 Central Ave, Unit 4

1261 Central Ave
MemphisTN38104
  • Smoke Free

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.

property at 4258 Briarberry Ln
$995
3 Bedroom Rentals
Available Now
Affordability

4258 Briarberry Ln

MemphisTN38109
  • Smoke Free
property at 858 Eyers Rd
$995
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

858 Eyers Rd

MemphisTN38109
  • Smoke Free
property at 3431 Rebeh Rd
$995
4 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

3431 Rebeh Rd

MemphisTN38109
  • Smoke Free

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.

property at 3161 Gilmore Rd
$1,050
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

3161 Gilmore Rd

MemphisTN38109
  • Smoke Free
property at 1545 Patton St
$1,050
3 Bedroom Rentals
Available Now
Affordability

1545 Patton St

MemphisTN38106
  • Smoke Free
property at 3100 Travis Rd
$1,050
2 Bedroom Rentals
Available Now
Affordability

3100 Travis Rd

MemphisTN38109
  • Smoke Free

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.

property at 4083 Grantham Rd
$1,050
3 Bedroom Rentals
Available Now
Affordability

4083 Grantham Rd

MemphisTN38109
  • Smoke Free
property at 55 Otsego Dr
$1,095
3 Bedroom Rentals
Available Now
Affordability

55 Otsego Dr

MemphisTN38109
  • Smoke Free

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.

Frequently Asked Questions about Cheap South Memphis Apartments

What is a cheap apartment in South Memphis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Memphis is under $675.

What is the price of a cheap apartment in South Memphis?

The cheapest apartment in South Memphis is 1298 Carr which is listed at $595, while the average apartment in South Memphis costs $975.

What types of apartments are the cheapest in South Memphis?

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 144 regular apartments in South Memphis 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 Memphis?

Cheap apartments in South Memphis have an average cost of $403 which is $572 cheaper than the average rent for all rentals in South Memphis.

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.

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