1485 E Mallory Ave
MemphisTN38106
Cheap Homes for Rent in the South Memphis Neighborhood of Memphis, TN from $550 (72 Rentals)
Search the lowest-cost Homes available for rent right now in the South Memphis area of Memphis.
2167 Kansas St
MemphisTN38109
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$5951 Bedroom Apartments Available Now
129 Majuba Ave
129 Majuba AveMemphis, TN 38109
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$6121 Bedroom Apartments Available Now
2183 Kansas St
2183 Kansas StMemphis, TN 38109
1024 S Wellington St
MemphisTN38126
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$6952 Bedroom Apartments Available Now
888 Kerr Ave, Unit 27
888 Kerr AveMemphis, TN 38106
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$6992 Bedroom Apartments Available Now
607 E McLemore Ave, Unit 2
607 E McLemore AveMemphis, TN 38106
2461 Lowell Ave
MemphisTN38114
306 E Waldorf Ave
MemphisTN38106
2059 Rile St
MemphisTN38109
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
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.
6 E McKellar Ave
MemphisTN38109
574 McKinley St
MemphisTN38126
1493 Gaither St
MemphisTN38106
2372 Twain Ave
MemphisTN38114
2426 Boyle Ave
MemphisTN38114
1434 Lapaloma St
MemphisTN38114
1457 Cooper St
MemphisTN38114
1639 Southern Ave
MemphisTN38114
381 Cambridge Ave
MemphisTN38106
2115 Bennett Ave
MemphisTN38114
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1766 Cincinnati Rd
MemphisTN38106
2056 Riverside Blvd
MemphisTN38109
1620 Pennsylvania St
MemphisTN38109
3669 Hillbrook Rd
MemphisTN38109
1306 Carr Ave
MemphisTN38104
1590 Latham St
MemphisTN38106
4040 Trevathan Cir
MemphisTN38109
1195 Dorothy Pl
MemphisTN38104
4200 Arrow Rd
MemphisTN38109
673 W Raines Rd
MemphisTN38109
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.
156 S Pkwy E
MemphisTN38106
997 Meda St
MemphisTN38104
1882 E Person Ave
MemphisTN38114
407 Argo Ave
MemphisTN38109
527 Diana St
MemphisTN38104
1008 Walk Rd
MemphisTN38109
3577 Weaver Rd
MemphisTN38109
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$9501 Bedroom Apartments Available Now
2053 Linden Ave, Unit 4
2053 Linden AveMemphis, TN 38104
585 E Parkway S, Unit 3
585 E Parkway S
MemphisTN38104
2066 Benton St
MemphisTN38106
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.
1261 Central Ave, Unit 4
1261 Central Ave
MemphisTN38104
3740 Parrot Cove
MemphisTN38109
45 W Gage Ave
MemphisTN38109
4637 Appleville St
MemphisTN38109
1486 Stevenson St
MemphisTN38106
1164 Canary Ln
MemphisTN38109
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$9951 Bedroom Apartments Available Now
2038 Southern Ave, Unit 2
2038 Southern AveMemphis, TN 38114
432 W Peebles Rd
MemphisTN38109
2089 S Parkway E
MemphisTN38114
540 Harahan Rd
MemphisTN38109
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-50, Page 1 of 2
South Memphis, Memphis, TN Local Guide
How much does it cost to rent a home in South Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Memphis 2 Bedroom Homes for Rent | $1,116 | $675 | $2,300 |
| South Memphis 3 Bedroom Homes for Rent | $1,389 | $850 | $3,500 |
| South Memphis 4 Bedroom Homes for Rent | $1,935 | $850 | $3,695 |
| South Memphis 5 Bedroom Homes for Rent | $2,363 | $1,545 | $4,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 72 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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Cheapest Available South Memphis Homes for Rent
The cheapest available rental home in the South Memphis area of Memphis, TN is a 2 Beds home found at 2461 Lowell Ave priced from $750. 2426 Boyle Ave has the second lowest priced home, which is a 2 Beds rental home currently listed from $795. Here are the most affordable South Memphis homes for rent in Memphis, TN:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2461 Lowell Ave | 2461 Lowell Ave | 2BR, 1BA | $750 |
| 2426 Boyle Ave | 2426 Boyle Ave | 2BR, 1BA | $795 |
| 3669 Hillbrook Rd | 3669 Hillbrook Rd | 2BR, 1BA | $890 |
| 4040 Trevathan Cir | 4040 Trevathan Cir | 3BR, 1BA | $900 |
| 151 Clower Rd | 151 Clower Rd | 2BR, 1BA | $1,005 |
| 2325 Riley Ave | 2325 Riley Ave | 3BR, 1BA | $1,025 |
Best Value Homes for Rent in South Memphis, TN
As of September 19, 2026 the best value rental home in the South Memphis area is the $0.99 price per square foot 3911 Hermitage Dr Model at 3911 Hermitage Dr in the South Memphis neighborhood starting from $2,000. The second greatest value South Memphis rental home is the 3836 Blue Jay Rd Model at 3836 Blue Jay Rd in the South Memphis neighborhood starting at $1,590 with a $0.90 price per square foot. Here is today’s list of the best values for South Memphis homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3911 Hermitage Dr | 3911 Hermitage Dr | 4BR, 2BA | $0.99 |
| 3836 Blue Jay Rd | 3836 Blue Jay Rd | 5BR, 2BA | $0.90 |
| 5157 Depanne Rd | 5157 Depanne Rd | 3BR, 2BA | $0.83 |
| 893 Linwood Rd | 893 Linwood Rd | 3BR, 1BA | $0.91 |
| 4628 Windward Dr | 4628 Windward Dr | 3BR, 2BA | $0.89 |
| 4040 Trevathan Cir | 4040 Trevathan Cir | 3BR, 1BA | $0.68 |
| 384 Lillian Dr | 384 Lillian Dr | 3BR, 1BA | $0.91 |
| 2325 Riley Ave | 2325 Riley Ave | 3BR, 1BA | $0.87 |
| 3669 Hillbrook Rd | 3669 Hillbrook Rd | 2BR, 1.5BA | $0.98 |
| 2461 Lowell Ave | 2461 Lowell Ave | 2BR, 1BA | $0.97 |
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!
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Don'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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Pet Friendly LifestyleSouth Memphis, Memphis, TN
Ranked #26
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
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4.0Pet Friendly
Frequently Asked Questions about South Memphis
What type of rentals are currently available in South Memphis?
There are currently 509 Apartments for Rent in South Memphis, TN with pricing that ranges from $547 to $8,799. There are also 222 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Memphis ranging from $550 to $4,900.
What is the current price range for Rental Homes in South Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Memphis ranges from $550 to $4,900 with an average monthly rent of $1,505.
How much are larger Three and Four Bedroom Rentals in South Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Memphis range from $884 to $3,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,500. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $1,014.
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
Memphis, Tennessee: A Local Expert's 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.
The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.