Cheap Apartments for Rent in the Southwind Neighborhood of Memphis, TN from $700 (20 Rentals)

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

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Southwind, Memphis, TN Local Guide

Cheapest Available Southwind Apartments for Rent

 

The cheapest available apartment rental in the Southwind area of Memphis, TN is a 1 Bed unit found at Riverdale priced from $790. The Park at New Castle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Southwind apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Riverdale1 Bed, 1 bath1BR,1BA$790
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
Park at Forest HillA21BR,1BA$901
MAA SouthwindSpyglass1BR,1BA$933
The FranklinA11BR,1BA$971

Best Value Apartments for Rent in Southwind, TN

As of December 14, 2025 the best value apartment in the Southwind area is the $1.29 price per square foot 2x2 - 1st Floor with Garage Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $1,602. The second greatest value Southwind apartment is the The Olive Model at The Oliver Apartment Homes starting at $1,530 with a $1.48 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Southwind apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbury2x2 - 1st Floor with Garage2BR,2BA$1.29
The Oliver Apartment HomesThe Olive2BR,2BA$1.48
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.39
Miller Creek at Germantown ApartmentsEmory 21BR,1BA$1.52
The Wyndham Apartments1 Bedroom1BR,1BA$1.49
Champions Hills at Windyke1br Top/View1BR,1BA$1.36
Centennial GardensCape Cod1BR,1BA$1.61
The FranklinA11BR,1BA$1.39
Riverdale1 Bed, 1 bath1BR,1BA$1.32
MAA SouthwindSpyglass1BR,1BA$1.65

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

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Pet Friendly Lifestyle
Southwind, Memphis, TN

Ranked #32

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Southwind Apartments

What is the Cheapest Studio apartment in Southwind?

Currently the most affordable Cheap Studio Apartment in Southwind is at Springs at Buckingham Farms listed at $1,120.

How much is rent for a Cheap One Bedroom Southwind Apartment?

The lowest price for a Cheap One Bedroom Southwind Apartment is $790 at Riverdale.

What is the lowest price for a Cheap Two Bedroom Southwind Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southwind is starting from $895 at Riverdale.

What is the most affordable Southwind Three Bedroom Apartment?

The best deal on a cheap Southwind Three Bedroom Apartment rental is at Riverdale and starts from $1,250.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!