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Cheap Apartments for Rent in the South Memphis Neighborhood of Memphis, TN from $400 (111 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in the South Memphis area of Memphis.
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$800 - $1,0001 to 3 Bedroom Apartments Available Jan 11, 2026
Meadows West Memphis
1101 S Avalon StWest Memphis, AR 72301
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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 | $1,013 | $567 | $1,450 |
| South Memphis 1 Bedroom Apartments | $1,152 | $200 | $1,650 |
| South Memphis 2 Bedroom Apartments | $1,037 | $595 | $2,256 |
| South Memphis 3 Bedroom Apartments | $1,041 | $884 | $1,795 |
| South Memphis 4 Bedroom Apartments | $1,209 | $1,014 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 111 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
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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 Emberly Apartments listed at $567.
How much is rent for a Cheap One Bedroom South Memphis Apartment?
The lowest price for a Cheap One Bedroom South Memphis Apartment is $649 at Mill Creek 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 $500 at Bridgeport Manor.
What is the most affordable South Memphis Three Bedroom Apartment?
The best deal on a cheap South Memphis Three Bedroom Apartment rental is at Valley Forge and starts from $750.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!