Cheap 2 Bedroom Apartments for Rent in the South Rhodes Neighborhood of Memphis, TN from $736 (58 Rentals)

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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.

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Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

3300 Southern AveMemphis, TN 38111
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Eden Pointe
2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Cherry Gardens
2 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included

Navigating 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.

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Thompson Heights
2 Bedroom Apartments

Thompson Heights

1566-1578 Stribling StMemphis, TN 38111
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Campus View
2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Rhodes Townhomes
2 Bedroom Apartments

Rhodes Townhomes

3640 Rhodes AveMemphis, TN 38111
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Brister Place
2 Bedroom Apartments

Brister Place

625 Brister StMemphis, TN 38111
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Carnes Manor
2 Bedroom Apartments

Carnes Manor

3446 Carnes AveMemphis, TN 38111

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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The Belle
2 Bedroom Apartments

The Belle

3375 Southern AveMemphis, TN 38111
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University Flats
2 Bedroom Apartments

University Flats

3439-3459 Southern AveMemphis, TN 38111
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The Junction
2 Bedroom Apartments

The Junction

3427 Southern AveMemphis, TN 38111
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Tiger Flats
2 Bedroom Apartments

Tiger Flats

650 Minor RdMemphis, TN 38111
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Cherokee Cabana
2 Bedroom Apartments

Cherokee Cabana

3204 Sharpe RdMemphis, TN 38111
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South Rhodes, Memphis, TN Local Guide

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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.

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Frequently Asked Questions about Cheap South Rhodes Apartments

What is a cheap apartment in South Rhodes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Rhodes is under $963.

What is the price of a cheap apartment in South Rhodes?

The cheapest apartment in South Rhodes is University Crossings which is listed at $715, while the average apartment in South Rhodes costs $2,675.

What types of apartments are the cheapest in South Rhodes?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 40 regular apartments in South Rhodes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Rhodes?

Cheap apartments in South Rhodes have an average cost of $590 which is $2,085 cheaper than the average rent for all rentals in South Rhodes.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.