Cheap Homes for Rent in Southern Shelby County Neighborhood of Memphis, TN from $800 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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

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.

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 Pointe1 Bedroom 1 bathroom1BR,1BA$699
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$760

Best Value Apartments for Rent in Southern Shelby County, TN

As of May 25, 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$1.02
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Twin Oaks2 Bedroom, 1 Bathroom2BR,1BA$0.91
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Ridgewyck Townhomes1 Bedroom1BR,1BA$1.04
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$1.07

Frequently Asked Questions about Southern Shelby County

What type of rentals are currently available in Southern Shelby County?

There are currently 84 Apartments for Rent in Southern Shelby County, TN with pricing that ranges from $599 to $3,214. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Shelby County ranging from $825 to $3,090.

What is the current price range for Rental Homes in Southern Shelby County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Shelby County ranges from $825 to $3,090 with an average monthly rent of $1,853.

How much are larger Three and Four Bedroom Rentals in Southern Shelby County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southern Shelby County range from $949 to $3,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,560. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,690.

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.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.