
Cheap Homes for Rent in the South Memphis Neighborhood of Memphis, TN from $500 (92 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the South Memphis area of Memphis.


4465 Rose Heather St

3559 Millard Rd

3577 Weaver Rd

2325 Riley Ave

4573 Appleville St

3807 Masterson St

580 Blackhawk Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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.

1271 Chickamauga Ave

783 Nonconnah Rd

1454 Kimball Ave

605 E McKellar Ave

2020 Courtland Pl

46 E Frank Ave

1545 Patton St

3100 Travis Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4960 Frankie Ln

4420 Double Tree St

3825 Glenburee St

3816 Ford Rd

4125 Michael Rd

3544 Hicky St

3501 Hicky St

332 Flynn Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

86 W Dempster Ave

944 Alice Ave

1779 Preston St

1059 Eyers Rd

938 Bramblewood Ln

4493 Westmont Rd

1146 Fields Rd

4811 Bradford Dr
Cash 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.

4360 Bluebell St

284 Gaston Ave

4767 Bradford Dr

3608 Hicky St

4200 Clydesdale Dr

3431 Rebeh Rd

1791 Grovehaven Cir

1985 Wynton St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

939 Seattle St

2156 Ethlyn Ave
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 | $1,221 | $675 | $3,000 |
| South Memphis 3 Bedroom Homes for Rent | $1,340 | $850 | $3,500 |
| South Memphis 4 Bedroom Homes for Rent | $1,640 | $895 | $3,750 |
| South Memphis 5 Bedroom Homes for Rent | $1,987 | $1,095 | $4,900 |
| South Memphis 6 Bedroom Homes for Rent | $3,600 | $3,200 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 92 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
Explore Memphis
Frequently Asked Questions about South Memphis
What type of rentals are currently available in South Memphis?
There are currently 524 Apartments for Rent in South Memphis, TN with pricing that ranges from $547 to $2,256. There are also 269 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 $1,405.
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 $845 to $1,695, 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 $895 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
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.