Cheap Homes for Rent in Southwind Neighborhood of Memphis, TN from $1,200 (33 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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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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Showing Results 1-33, Page 1 of 1

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
The FranklinA11BR,1BA$899
Park at Forest HillA21BR,1BA$914
MAA SouthwindSpyglass1BR,1BA$938
Ashland Lakes IOne Bedroom1BR,1BA$1,008
Southwind Lakes ApartmentsIncome Restricted- 1 bed 1 bath A1BR,1BA$1,080
FieldstoneAshford1BR,1BA$1,139
Springs at Buckingham FarmsStudio Haven SummitStudio,1BA$1,165
The Villas at Germantown ApartmentsStudio (525 SF)Studio,1BA$1,185

Best Value Apartments for Rent in Southwind, TN

As of November 25, 2025 the best value apartment in the Southwind area is the $1.30 price per square foot Cumberland 1 Model at Miller Creek at Germantown Apartments in the in the Windyke-Southwind neighborhood starting from $1,496. The second greatest value Southwind apartment is the 2 Bed 2 Bath Model at Hedgerow Apartments starting at $1,350 with a $1.39 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.
Miller Creek at Germantown ApartmentsCumberland 12BR,2BA$1.30
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.39
The Westbury1x1 - 2nd Floor1BR,1BA$1.38
Ashland Lakes IOne Bedroom1BR,1BA$1.21
The FranklinA3R1BR,1BA$1.34
Southwind Lakes ApartmentsIncome Restricted- 1 bed 1 bath A1BR,1BA$1.36
Centennial GardensCape Cod1BR,1BA$1.61
Park at Forest HillA11BR,1BA$1.40
Riverdale1 Bed, 1 bath1BR,1BA$1.32
MAA SouthwindSpyglass1BR,1BA$1.65

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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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 #33

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 $2,900. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwind ranging from $1,225 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 $1,225 to $15,000 with an average monthly rent of $2,132.

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.