
Apartments for Rent in the South Memphis Neighborhood of Memphis, TN Under $500 (9 Rentals)


1455 Eloise Rd

Mississippi Court Apartments

Divine Properties Complex
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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Coronado Manor

Westwood Manor Elderly Cottages

Sterling Townhomes

Valley Forge
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
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Birchleaf Apartments
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 | $951 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $1,002 | $450 | $1,645 |
| South Memphis 2 Bedroom Apartments | $1,031 | $600 | $2,830 |
| South Memphis 3 Bedroom Apartments | $1,068 | $825 | $1,725 |
| South Memphis 4 Bedroom Apartments | $1,252 | $1,014 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 9 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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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 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 #18
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about South Memphis
How much are Studio apartments in South Memphis?
There are currently 309 Studio Apartments in South Memphis with rent ranges from $547 to $1,450 with an average price of $951.
What is the current price range for One Bedroom South Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Memphis ranges from $450 to $1,645 with an average monthly rent of $1,002.
What does renting a Two Bedroom Apartment in South Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Memphis range from $600 to $2,830. Today's average rental price for Two Bedrooms here is $1,031.
How expensive are South Memphis Three Bedroom Apartments?
There are currently 90 Three Bedroom Apartments listings available in South Memphis on ApartmentHomeLiving.com. The pricing ranges from $825 to $1,725 - averaging $1,068 for the location.
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
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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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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

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
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.