Cheap Apartments for Rent in the Southern Shelby County Neighborhood of Memphis, TN from $400 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
close
View Me
Windsor Place
1 Bedroom Apartments

Windsor Place

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

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
Corporate Housing
  • Utilities Included
close
View Me
Corner Park
Studio to 2 Bedroom Apartments

Corner Park

4150 Winchester RdMemphis, TN 38118
  • Utilities Included
close
View Me
Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
  • Utilities Included
close
View Me
Lakes At Ridgeway
2 Bedroom Apartments

Lakes At Ridgeway

5995 Waterstone Oak WayMemphis, TN 38115
Showing Results 1-37, 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 1 Bed unit found at Emerald Ridge priced from $599. 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
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
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$756
Stone Ridge at Germantown FallsStudio1BR,1BA$790
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$795
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$825
The Park at Forest HillA21BR,1BA$827
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830

Best Value Apartments for Rent in Southern Shelby County, TN

As of August 03, 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
Hedgerow Apartments2 Bed 1.5 Bath TH2BR,1.5BA$1.22
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.07
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.15
Pinebrook Pointe Apartments1 Bedroom 1 bathroom1BR,1BA$1.07

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.

decorative image of people with a giant lease agreement

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 Springs at Buckingham Farms listed at $1,223.

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 $599 at Emerald Ridge.

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 $799 at Pinebrook Pointe 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.