Cheap Apartments for Rent in the Southside Neighborhood of Memphis, TN from $650 (31 Rentals)

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

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Riverside 648
Studio Apartments

Riverside 648

648 Riverside BlvdMemphis, TN 38103
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South Line Studios
1 Bedroom Apartments

South Line Studios

671 S Main StMemphis, TN 38103
  • Utilities Included

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494 Walker Ave
Studio Apartments

494 Walker Ave

494 Walker AveMemphis, TN 38126
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1225 Latham St
1 Bedroom Apartments

1225 Latham St

1225 Latham StMemphis, TN 38106
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1480 Patton St
2 Bedroom Apartments

1480 Patton St

1480 Patton StMemphis, TN 38106
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263 Lucy Ave
Studio Apartments

263 Lucy Ave

263 Lucy AveMemphis, TN 38106
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The Horizon
1 to 4 Bedroom Apartments

The Horizon

717 Riverside BlvdMemphis, TN 38103

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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1625 Kansas St
2 Bedroom Apartments

1625 Kansas St

1625 Kansas StMemphis, TN 38109
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525 Laclede Ave
2 Bedroom Apartments

525 Laclede Ave

525 Laclede AveMemphis, TN 38126
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1113 S 4th St
Studio Apartments

1113 S 4th St

1113 S 4th StMemphis, TN 38126
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1106 Latham St
Studio Apartments

1106 Latham St

1106 Latham StMemphis, TN 38126
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Carolina Terrace
3 to 4 Bedroom Apartments

Carolina Terrace

699 Meditation LnMemphis, TN 38103
Corporate Housing

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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
Senior Living
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Colorado
1 Bedroom Apartments

Colorado

24 W ColoradoMemphis, TN 38106

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Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Latham Terrace
1 to 2 Bedroom Apartments

Latham Terrace

855 S 4th StMemphis, TN 38126
Senior Living
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266 Bond Ave
2 Bedroom Apartments

266 Bond Ave

266 Bond AveMemphis, TN 38106
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Montgomery Plaza
1 Bedroom Apartments

Montgomery Plaza

1395 Pennsylvania StMemphis, TN 38106

Cheapest Available Southside Apartments for Rent

 

The cheapest available apartment rental in the Southside area of Memphis, TN is a 2 Beds unit found at 487 Williams Ave priced from $695. 285 Lucy Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable Southside apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
487 Williams Ave2 Beds, 1 Baths2BR, 1BA$695
285 Lucy Ave2 Beds, 1 Baths2BR, 1BA$1,000
The Marine Residence1 Bedroom1BR, 1BA$1,070
National Rose Co.302Studio, 1BA$1,152
South Junction ApartmentsThe Pioneer1BR, 1BA$1,259
Crescent Bluff32A603BR, 2BA$1,344

Best Value Apartments for Rent in Southside, TN

As of September 23, 2026 the best value apartment in the Southside area is the $0.83 price per square foot 2 Beds, 1 Baths Model at 285 Lucy Ave in the South Memphis neighborhood starting from $1,000. The second greatest value Southside apartment is the 32A60 Model at Crescent Bluff in the Downtown Memphis neighborhood starting at $1,344 with a $1.27 price per square foot. Here is today’s list of the best values for Southside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
285 Lucy Ave2 Beds, 1 Baths2BR, 1BA$0.83
Crescent Bluff32A603BR, 2BA$1.27
South Junction ApartmentsThe Explorer1BR, 1BA$1.65
The Marine Residence1 Bedroom1BR, 1BA$1.73
National Rose Co.302Studio, 1BA$2.25

Frequently Asked Questions about Cheap Southside Apartments

What is the price of a cheap apartment in Southside?

The cheapest apartment in Southside is The Marine Residence which is listed at $1,070, while the average apartment in Southside costs $1,450.

What types of apartments are the cheapest in Southside?

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 6 regular apartments in Southside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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