Cheap Apartments for Rent in the South Rhodes Neighborhood of Memphis, TN from $400 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Rhodes area of Memphis.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

3300 Southern AveMemphis, TN 38111
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The Belle
Studio to 2 Bedroom Apartments

The Belle

3375 Southern AveMemphis, TN 38111
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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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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
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Thompson Heights
2 Bedroom Apartments

Thompson Heights

1566-1578 Stribling StMemphis, TN 38111
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Rhodes Townhomes
2 Bedroom Apartments

Rhodes Townhomes

3640 Rhodes AveMemphis, TN 38111
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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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Audubon Park Place
Studio to 2 Bedroom Apartments

Audubon Park Place

939 Getwell RdMemphis, TN 38111
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Brister Place
1 to 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
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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Tiger Flats
1 to 2 Bedroom Apartments

Tiger Flats

650 Minor RdMemphis, TN 38111
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The Junction
1 to 2 Bedroom Apartments

The Junction

3427 Southern AveMemphis, TN 38111
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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
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Champaign Place
1 Bedroom Apartments

Champaign Place

2715 Cherry RdMemphis, TN 38118
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Showing Results 1-50, Page 1 of 2

South Rhodes, Memphis, TN Local Guide

Cheapest Available South Rhodes Apartments for Rent

 

The cheapest available apartment rental in the South Rhodes area of Memphis, TN is a Studio unit found at The Residences at Lakeview priced from $581. University Crossings has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable South Rhodes apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
University CrossingsBrister1BR,1BA$675
Eden Pointe1 Bed, 1 bath1BR,1BA$749
Camelot Manor1 Bed, 1 bath1BR,1BA$749
3570 Spottswood AveStudent Housing5BR,5BA$750
Cherry Creek -FREE month!1 Bedroom1BR,1BA$795
Woodtrail Apartment1/11BR,1BA$850
Azure Place Apartments1 Bedroom B1BR,1BA$865
Sherwood Flats2 Bed, 1 Bath2BR,1BA$905
The JunctionThe Conductor2BR,1BA$925

Best Value Apartments for Rent in South Rhodes, TN

As of May 29, 2025 the best value apartment in the South Rhodes area is the $0.38 price per square foot Student Housing Per Person Model at 3570 Spottswood Ave in the in the East Memphis neighborhood starting from $750. The second greatest value South Rhodes apartment is the 4 Bedroom 4 Bath Model at Student Lofts at Brister starting at $800 with a $0.43 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for South Rhodes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3570 Spottswood AveStudent Housing Per Person5BR,5BA$0.38
Student Lofts at Brister4 Bedroom 4 Bath1BR,1BA$0.43
Woodland Station CondosTwo Bedoom / C2BR,1.5BA$1.23
Georgian Woods2x12BR,1BA$1.08
Sherwood FlatsB22BR,1BA$1.08
Getwell Pointe ApartmentsB22BR,1.5BA$1.22
Woodtrail Apartment1/11BR,1BA$1.06
Eden Pointe1 Bed, 1 bath1BR,1BA$1.07
University CrossingsBrister1BR,1BA$1.04
Camelot Manor1 Bed, 1 bath1BR,1BA$1.15

Quick 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.

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Pet Friendly Lifestyle
South Rhodes, Memphis, TN

Ranked #83

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including South Rhodes, Memphis, and the greater Memphis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $925.

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

The cheapest apartment in South Rhodes is The Residences at Lakeview which is listed at $635, 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 9 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 $1,460 which is $1,215 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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.