Cheap Apartments for Rent in the Southwind Neighborhood of Memphis, TN from $790 (51 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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The Wyndham Apartments
Rent Specials
$1,231 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,231 - $1,495
Total Monthly Price
$1,231 - $1,495
1 to 2 Bedroom Apartments Available Now

The Wyndham Apartments

7542 Legacy DrMemphis, TN 38119
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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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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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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 The Park at New Castle priced from $800. Park at Forest Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $961. Here are the most affordable Southwind apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Park at New Castle1 Bedroom / 1 Bathroom1BR,1BA$800
Park at Forest HillA21BR,1BA$961
MAA SouthwindSpyglass1BR,1BA$988
The FranklinA11BR,1BA$1,126
Waterford Place Apartment HomesOne Bedroom - 679 sqft1BR,1BA$1,132
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1,139
Dream GermantownA2L1BR,1BA$1,149
Champions Hills at WindykeOne Bedroom W/Sunroom1BR,1BA$1,153
FieldstoneAshford1BR,1BA$1,189
Southwind Lakes ApartmentsSW1 1 Bed 1 Bath1BR,1BA$1,210

Best Value Apartments for Rent in Southwind, TN

As of August 24, 2026 the best value apartment in the Southwind area is the $1.66 price per square foot 3x2 - 1st Floor with Garage Model at The Westbury in the in the Germantown neighborhood starting from $2,232. The second greatest value Southwind apartment is the Two Bedroom Model at Ashland Lakes Apartments starting at $1,139 with a $1.01 price per square foot in the Brooks Manor 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 Westbury3x2 - 1st Floor with Garage3BR,2BA$1.66
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1.01
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.47
Centennial GardensCape Poge1BR,1BA$1.53
Southwind Lakes ApartmentsSW1 1 Bed 1 Bath1BR,1BA$1.46
The Preserve at Forest CreekButtonwood1BR,1BA$1.65
The Wyndham Apartments1 Bedroom1BR,1BA$1.63
Champions Hills at Windyke1 Bd 1 Ba Down Porch1BR,1BA$1.61
The FranklinA11BR,1BA$1.61
Park at Forest HillA21BR,1BA$1.44

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Southwind, Memphis, TN

Ranked #31

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

Pet Friendliness Lifestyle Score

3.0
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 The Villas at Germantown Apartments listed at $1,270.

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

The lowest price for a Cheap One Bedroom Southwind Apartment is $800 at The Park at New Castle.

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 $935 at The Park at New Castle.

What is the most affordable Southwind Three Bedroom Apartment?

The best deal on a cheap Southwind Three Bedroom Apartment rental is at Ashland Lakes Apartments and starts from $1,307.

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

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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.

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