Cheap Apartments for Rent in the Southern Shelby County Neighborhood of Memphis, TN from $600 (65 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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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.

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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

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.

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Corner Park
Studio to 2 Bedroom Apartments

Corner Park

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

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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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 Windsor Place priced from $645. Emerald Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Southern Shelby County apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Windsor Place1X1B1BR,1BA$645
Emerald Park Apartments1 bedroom 1 bathroom1BR,1BA$650
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$650
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$650
Lakes at Ridgeway1 BR 1Bath1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Ashland Lakes ApartmentsOne Bedroom1BR,1BA$782
The Local ApartmentsRoss - 1 Bed, 1 Bath1BR,1BA$808
Shadowbrook Townhomes2 Bedroom Basic2BR,1BA$830
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$836

Best Value Apartments for Rent in Southern Shelby County, TN

As of June 08, 2026 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
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.01
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Twin Oaks2 Bedroom, 1.5 Bathroom TH2BR,1BA$0.87
Emerald Park Apartments2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Windsor Place1X1B1BR,1BA$0.92
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$1.00
Emerald Ridge Apartments1 bedroom 1 bathroom1BR,1BA$1.00

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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!

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 $1,231.

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 $645 at Windsor Place.

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 $825 at Windsor Place.

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 Apartments and starts from $949.

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.

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