
Apartments for Rent in the South Memphis Neighborhood of Memphis, TN Under $700 (48 Rentals)


Total Monthly Price
Graceland Pointe Apartments

Wesley Forest

Sunrise Terrace Apartments

Mill Creek Apartments

Creekside Meadows

Longview Gardens

Winchester Grove

Melrose Court Apartments
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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.

Longview Heights

Bantam Springbrook Apartments

Pinetree Place Apartments

Total Monthly Price
1011 S Willett St

Total Monthly Price
1180 S Main St, Unit Apt 2

500 Simpson Ave, Unit 6

607 E McLemore Ave, Unit 2

2183 Kansas St

888 Kerr Ave, Unit 27
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Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

2167 Kansas St

1303 E Trigg Ave

1312 Richmond Ave

2077 Lowell Ave

1455 Eloise Rd

2309 Warren St

1277 Airways Blvd

Edgewood Townhomes

Mississippi Court Apartments
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Washington Manor

Manor Park Apartments

Lapaloma Apartments

Crane Manor Apartments

Whitehaven Oaks Apartments

Cleaborn Pointe at Heritage Senior Apartments

1154 Wilson St

Winbranch Apartments

Alpha Renaissance 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.

Willie Mitchell Apartments

Summit Park Apartments

Presidential West Apartments

Thompson Court Apartments

Harold Ford Senior Villas

Coronado Manor

Divine Properties Complex

Westwood Manor Elderly Cottages

Sterling Townhomes
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Valley Forge

Birchleaf Apartments

Pecan Grove
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 | $944 | $547 | $1,450 |
| South Memphis 1 Bedroom Apartments | $989 | $450 | $1,650 |
| South Memphis 2 Bedroom Apartments | $1,009 | $562 | $2,775 |
| South Memphis 3 Bedroom Apartments | $1,048 | $825 | $1,695 |
| South Memphis 4 Bedroom Apartments | $1,149 | $1,014 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
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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 #24
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 307 Studio Apartments in South Memphis with rent ranges from $547 to $1,450 with an average price of $944.
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 $1,650 with an average monthly rent of $989.
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 $562 to $2,775. Today's average rental price for Two Bedrooms here is $1,009.
How expensive are South Memphis Three Bedroom Apartments?
There are currently 89 Three Bedroom Apartments listings available in South Memphis on ApartmentHomeLiving.com. The pricing ranges from $825 to $1,695 - averaging $1,048 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
Written by: Joshua Carlucci
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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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

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.

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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.

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.