Cheap Homes for Rent in Southwind Neighborhood of Memphis, TN from $1,300 (26 Rentals)

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Search the lowest-cost Homes 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
MAA SouthwindSpyglass1BR,1BA$863
Park at Forest HillA21BR,1BA$893
Southwind Lakes ApartmentsIncome Restricted - 1 bed 1 bath B1BR,1BA$937
Hedgerow Apartments1 Bed 1 Bath1BR,1BA$975
The FranklinA11BR,1BA$1,053
The Westbury1x1 - 2nd Floor1BR,1BA$1,063
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,192
Champions Hills at Windyke2 Bdrm 2bth Dn W/View2BR,2BA$1,197

Best Value Apartments for Rent in Southwind, TN

As of January 11, 2026 the best value apartment in the Southwind area is the $1.22 price per square foot 2x2 - 1st Floor with Garage Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $1,510. The second greatest value Southwind apartment is the Two Bedroom Model at Ashland Lakes I starting at $1,205 with a $1.11 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 Westbury2x2 - 1st Floor with Garage2BR,2BA$1.22
Ashland Lakes ITwo Bedroom2BR,2BA$1.11
Southwind Lakes ApartmentsSW2 2x2 A Renovated2BR,2BA$1.54
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.47
The Wyndham Apartments1 Bedroom1BR,1BA$1.53
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.60
The FranklinA21BR,1BA$1.58
MAA SouthwindSawgrass1BR,1BA$1.55
Park at Forest HillA11BR,1BA$1.54
Riverdale1 Bed, 1 bath1BR,1BA$1.32

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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

2.5
Pet Friendly

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Frequently Asked Questions about Southwind

What type of rentals are currently available in Southwind?

There are currently 31 Apartments for Rent in Southwind, TN with pricing that ranges from $790 to $3,500. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwind ranging from $1,335 to $15,000.

What is the current price range for Rental Homes in Southwind?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwind ranges from $1,335 to $15,000 with an average monthly rent of $2,210.

How much are larger Three and Four Bedroom Rentals in Southwind?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwind range from $1,156 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,335 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,895.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.