
Cheap Apartments for Rent in the Southside Neighborhood of Memphis, TN from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southside area of Memphis.


Bonsai at Central Gardens
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

National Rose Co.

The Marine Residence

South Junction Apartments

South Line at Central Station

The Tennessee Brewery
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown Studio Suites- All Included

Urban Loft Co. Memphis- Utilties Included

The Oliver Luxury Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Southside, Memphis, TN Local Guide

How much does it cost to rent an apartment in Southside?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Southside Studio Apartments | $1,184 | $760 | $1,600 |
Southside 1 Bedroom Apartments | $1,552 | $805 | $2,350 |
Southside 2 Bedroom Apartments | $2,237 | $1,000 | $6,900 |
Southside 3 Bedroom Apartments | $2,331 | $1,555 | $3,355 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Southside Neighborhood of Memphis, TN.
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Southside, Memphis, TN Local Guide
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Cheapest Available Southside Apartments for Rent
 The cheapest available apartment rental in the Southside area of Memphis, TN is a 1 Bed unit found at Crescent Bluff priced from $784. Uptown Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Southside apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crescent Bluff | One Bedroom One Bath 50% | 1BR,1BA | $784 |
Uptown Square Apartments | 1 Bedroom - Urban | 1BR,1BA | $930 |
Bonsai at Central Gardens | Studio- without Washer/Dryer | Studio,1BA | $949 |
South Junction Apartments | The Edge | Studio,1BA | $999 |
South Line at Central Station | studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Southside, TN
As of May 28, 2025 the best value apartment in the Southside area is the $1.22 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,850. The second greatest value Southside apartment is the 308 Model at National Rose Co. starting at $2,215 with a $1.86 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Southside apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Marine Residence | 2 Bedroom | 2BR,2BA | $1.22 |
National Rose Co. | 308 | 2BR,2BA | $1.86 |
Orleans Station | 2BR - FP #1 | 2BR,2BA | $1.73 |
South Bluffs Apartments | 1 BD/ 1 BA 860 | 1BR,1BA | $1.62 |
State Place at South End | One Bedroom / One Bathroom | 1BR,1BA | $1.90 |
The Tennessee Brewery | The Brewery- A14 | 1BR,1BA | $2.29 |
Uptown Square Apartments | 2 Bedroom - Elvis Building | 2BR,1BA | $1.45 |
Crescent Bluff | One Bedroom One Bath 50% | 1BR,1BA | $1.37 |
Bonsai at Central Gardens | Studio- with Washer/Dryer | Studio ,1BA | $2.23 |
South Line at Central Station | studio | Studio ,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleSouthside, Memphis, TN
Ranked #34
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Southside Apartments
What is a cheap apartment in Southside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southside is under $1,390.
What is the price of a cheap apartment in Southside?
The cheapest apartment in Southside is Crescent Bluff which is listed at $784, while the average apartment in Southside costs $2,260.
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 19 regular apartments in Southside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southside?
Cheap apartments in Southside have an average cost of $128 which is $2,132 cheaper than the average rent for all rentals in Southside.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.