Cheap Apartments for Rent in the Southern Shelby County Neighborhood of Memphis, TN from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southern Shelby County area of Memphis.

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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
Corporate Housing
  • Utilities Included

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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
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Lakes At Ridgeway
1 to 3 Bedroom Apartments

Lakes At Ridgeway

5995 Waterstone Oak WayMemphis, TN 38115

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Showing Results 1-47, Page 1 of 1

Southern Shelby County, Memphis, TN Local Guide

Cheapest Available Southern Shelby County Apartments for Rent

 

The cheapest available apartment rental in the Southern Shelby County area of Memphis, TN is a 2 Beds unit found at Cromwell Park Apartments priced from $600. Emerald Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Southern Shelby County apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Cromwell Park Apartments2BR/1.5BA2BR,1BA$600
Emerald Park1 bedroom 1 bathroom1BR,1BA$699
Pinebrook Pointe Apartments1 Bedroom 1 bathroom1BR,1BA$699
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$749
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Stone Ridge at Germantown FallsStudio1BR,1BA$790
The Park at Forest HillA11BR,1BA$794
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$805
Windsor Place2X2C2BR,2BA$825
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830

Best Value Apartments for Rent in Southern Shelby County, TN

As of September 17, 2025 the best value apartment in the Southern Shelby County area is the $0.70 price per square foot 3 bedroom 2.5 bathroom Model at Emerald Pointe in the in the Oakhaven neighborhood starting from $1,099. The second greatest value Southern Shelby County apartment is the 2 Bedroom w/ Den Model at Shadowbrook Townhomes starting at $850 with a $0.69 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Southern Shelby County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Shadowbrook Townhomes2 Bedroom w/ Den2BR,1.5BA$0.69
Plum TreeTwo Bedroom2BR,1.5BA$0.81
Cedar Run Apartments3 Bedroom 2 Bath3BR,2BA$1.02
Twin Oaks2 Bedroom, 1 Bathroom2BR,1BA$1.03
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Windsor Place2X2C2BR,2BA$0.83
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.01
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Cromwell Park Apartments2BR/1.5BA2BR,1.5BA$0.71

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Southern Shelby County, Memphis, and the greater Memphis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Southern Shelby County Neighborhood in Memphis, TN

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Southern Shelby County Apartments

What is the Cheapest Studio apartment in Southern Shelby County?

Currently the most affordable Cheap Studio Apartment in Southern Shelby County is at The Villas at Germantown listed at $1,161.

How much is rent for a Cheap One Bedroom Southern Shelby County Apartment?

The lowest price for a Cheap One Bedroom Southern Shelby County Apartment is $699 at Emerald Park.

What is the lowest price for a Cheap Two Bedroom Southern Shelby County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southern Shelby County is starting from $600 at Cromwell Park Apartments.

What is the most affordable Southern Shelby County Three Bedroom Apartment?

The best deal on a cheap Southern Shelby County Three Bedroom Apartment rental is at Emerald Ridge and starts from $849.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.