
Apartments for Rent with Specials in the South Memphis Neighborhood of Memphis, TN (20 Rentals)
Apartments in the South Memphis area of Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.


The Posts

The Marine Residence

Graceland Flats – Modern Living in the Heart of Whitehaven

TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!

Holmes Pointe 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.

Graceland Pointe Apartments: Modern Style, Excellent Value in Memphis

Oakwood Meadows Estates

1154 Wilson St

Central Gardens

Peabody Place

Peabody Falls Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Creekside Meadows

Faronia Square

The Flats @ Cooper Young

Mill Creek Apartments

Longview Gardens

The Linden
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1791 Whitman Rd

Longview Heights
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 | $966 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $1,072 | $590 | $1,650 |
| South Memphis 2 Bedroom Apartments | $1,049 | $595 | $2,775 |
| South Memphis 3 Bedroom Apartments | $1,094 | $847 | $1,695 |
| South Memphis 4 Bedroom Apartments | $1,164 | $1,014 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 20 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
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Top Memphis Apartments in the South Memphis Area with Move-In Specials Ending Soon
Specials updated: 02-01-2026Take advantage of these move-in and rent specials that are ending soon for top South Memphis, TN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
Sutton at Shelby
Call the office to see how you could qualify for rent specials!Expires 01-31-2026
Belvedere Place
First month rent is FREE!Expires 01-31-2026
Highland Meadows Apartments
SPIN-TO-WIN MOVE-IN SPECIAL!! Sign a 12-month (or longer) lease & spin the wheel at lease signing to win one of the following: -Half off 1st month rent -42" TV -Ring Security Camera -3 Months FREE rent -$100 off first 4 months rent -$50 Visa Gift CardExpires 01-31-2026
The Posts
Move in by 1/30 and get ½ off for your 1st two months!Expires 02-01-2026
Mill Creek Apartments
Limited Time Move In Special - sign a lease & move in by 1/31/2026, receive a half month free on select 1 bedroom and 2 bedroom apartment homes! In addition, ask us how to receive a waived admin fee and application fee (credited back at move in) when you apply within 24 hours of touring! *Move in for less with our Flex partnership! Pay only a fraction of move in costs upfront and split the rest into easy, budget-friendly installments.*Expires 02-01-2026
Georgian Woods
**LEASING SPECIAL** Lease and move-in by 1/30 and receive $500 OFF February rent!* Don't miss out! This offer won't last long! Contact us TODAY for more information! *Restrictions may apply.Expires 02-01-2026
Central Gardens
Special-$200 off move in if application is received within 48 hours of touring.Expires 02-01-2026
The Linden
One month freeExpires 02-01-2026
Creekside Meadows
Limited Time Move In Special - sign a lease by 2/15/2026 & move in by 3/2/2026, receive a half month free on select 2 bedroom and 3 bedroom apartment homes on a 12+ month lease term! In addition, ask us how to receive a waived admin fee when you apply within 24 hours of touring! *Move in for less with our Flex partnership! Pay only a fraction of move in costs upfront and split the rest into easy, budget-friendly installments. Contact us today for more information!*Expires 02-01-2026
Longview Gardens
Limited Time Move In Special - apply and sign a lease by 2/15/2026 & move in by 3/2/2026, receive a half month free on a 12+ month lease term! In addition, ask us how to receive a waived admin fee and application fee (credited back at move in) when you apply within 24 hours of touring! **Reduced deposits starting at $200** *Move in for less with our Flex partnership! Pay only a fraction of move in costs upfront and split the rest into easy, budget-friendly installments.*Expires 02-01-2026
Newly Listed Move-In Specials offers for Apartments in South Memphis, TN
Specials updated: 02-01-2026Here are the most recently added special offers for renters looking to find the best deals on apartments in South Memphis, TN. Be sure to take advantage of some of the area’s top offers.
Oakwood Meadows Estates
Limited time you can have your admin fee waived, a $199 move in rate, AND your pet deposit waived. Call Office for details.Expires 02-07-2026
Holmes Pointe Apartments
Limited Time Only! Take advantage of our $500 Move-In Special PLUS lowered rental rates on select units! Now is the perfect time to find your new home with unbeatable savings. Call today for details and to schedule your personal tour!Expires 03-31-2026
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!
Limited Time! $500.00 Move In Special Call Today for more information.Expires 04-30-2026
Graceland Pointe Apartments: Modern Style, Excellent Value in Memphis
Move in today!Expires 03-31-2026
1791 Whitman Rd
Call for Availability!Expires 02-28-2026
Peabody Falls Apartments
HOLIDAY SPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST MONTH!!Expires 02-28-2026
The Flats @ Cooper Young
LEASE UP RENT HOLIDAY SPECIAL!! ADDITIONAL 1 MONTH FREE!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST 3 MONTHS!!Expires 02-28-2026
Peabody Place
HOLIDAY SPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST MONTH!!Expires 02-28-2026
Graceland Flats – Modern Living in the Heart of Whitehaven
Move in today and enjoy $500 off your first full month’s rent when you lease your new home with us! This limited-time offer won’t last long. Contact our leasing team for full details.Expires 02-28-2026
Longview Gardens
Limited Time Move In Special - apply and sign a lease by 2/15/2026 & move in by 3/2/2026, receive a half month free on a 12+ month lease term! In addition, ask us how to receive a waived admin fee and application fee (credited back at move in) when you apply within 24 hours of touring! **Reduced deposits starting at $200** *Move in for less with our Flex partnership! Pay only a fraction of move in costs upfront and split the rest into easy, budget-friendly installments.*Expires 02-01-2026
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #17
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Rent Specials South Memphis Apartments
What is the Cheapest Rent Specials apartment in South Memphis?
Currently the most affordable Rent Specials Apartment in South Memphis is at Longview Gardens listed at $495.
How much is the average rent for a Rent Specials South Memphis Apartment?
The average rent for a Rent Specials Apartment in South Memphis is $1,003.
What is the largest Rent Specials South Memphis Apartment for rent?
Today's Rent Specials apartment with the most square footage in South Memphis is a 2,200 square feet unit starting from $800 at 1791 Whitman Rd.
What is the average size for South Memphis Rent Specials Apartments for rent?
The average size for a Rent Specials rental in South Memphis is currently at 810 sq ft.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.