
Cheap Homes for Rent in Southside Neighborhood of Memphis, TN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Southside area of Memphis.


306 E Waldorf Ave

381 Cambridge Ave
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.

284 Gaston Ave

270 Lucerne Pl

61 S Pkwy E
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.

1541 Patton St
Southside, Memphis, TN Local Guide

How much does it cost to rent a home in Southside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southside 2 Bedroom Homes for Rent | $2,111 | $770 | $3,840 |
| Southside 3 Bedroom Homes for Rent | $1,682 | $850 | $2,950 |
| Southside 4 Bedroom Homes for Rent | $1,372 | $1,150 | $1,595 |
| Southside 5 Bedroom Homes for Rent | $1,172 | $1,095 | $1,250 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Southside Neighborhood of Memphis, TN.
Explore Memphis
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 $750. Crescent Bluff has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Southside apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 487 Williams Ave | 2 Beds, 1 Baths | 2BR,1BA | $750 |
| Crescent Bluff | 11A50 | 1BR,1BA | $799 |
| 285 Lucy Ave | 2 Beds, 1 Baths | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Southside, TN
As of June 21, 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 in the South Memphis neighborhood starting from $1,000. The second greatest value Southside apartment is the 208 Model at National Rose Co. starting at $2,050 with a $1.72 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. |
|---|---|---|---|
| 285 Lucy Ave | 2 Beds, 1 Baths | 2BR,1BA | $0.83 |
| National Rose Co. | 208 | 2BR,2BA | $1.72 |
| South Junction Apartments | The Trailblazer | 1BR,1BA | $1.64 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.42 |
| The Marine Residence | 1 Bedroom | 1BR,1BA | $1.82 |
Frequently Asked Questions about Southside
What type of rentals are currently available in Southside?
There are currently 119 Apartments for Rent in Southside, TN with pricing that ranges from $450 to $2,830. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southside ranging from $770 to $3,840.
What is the current price range for Rental Homes in Southside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southside ranges from $770 to $3,840 with an average monthly rent of $1,657.
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.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.