Cheap Apartments for Rent in the Windyke-Southwind Neighborhood of Memphis, TN from $800 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

Windyke-Southwind, Memphis, TN Local Guide

Cheapest Available Windyke-Southwind Apartments for Rent

 

The cheapest available apartment rental in the Windyke-Southwind area of Memphis, TN is a 1 Bed unit found at Riverdale priced from $860. MAA Southwind has the second lowest priced unit, which is a 1 Bed apartment currently listed from $873. Here are the most affordable Windyke-Southwind apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Riverdale1 Bed, 1.5 baths1BR,1BA$860
MAA SouthwindSpyglass1BR,1BA$873
Park at Forest HillA21BR,1BA$945
The FranklinA11BR,1BA$1,068
Southwind Lakes ApartmentsIncome Restricted 2 bed 2 bath B2BR,2BA$1,121

Best Value Apartments for Rent in Windyke-Southwind, TN

As of April 24, 2026 the best value apartment in the Windyke-Southwind area is the $1.17 price per square foot Essex - 3x2 Model at Farmington Gates in the in the Germantown neighborhood starting from $1,534. The second greatest value Windyke-Southwind apartment is the SW2 2x2 A Renovated Model at Southwind Lakes Apartments starting at $1,650 with a $1.51 price per square foot in the Hickory Ridge-South Riverdale neighborhood. Here is today’s list of the best values for Windyke-Southwind apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Farmington GatesEssex - 3x23BR,2BA$1.17
Southwind Lakes ApartmentsSW2 2x2 A Renovated2BR,2BA$1.51
Irene Woods ApartmentsEaton2BR,1BA$1.45
Miller Creek at Germantown ApartmentsEmory 31BR,1BA$1.50
The Westbury1x1 - 1st Floor1BR,1BA$1.29
Dogwood CreekWillow with Sunroom-Renovated1BR,1BA$1.48
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.47
Park at Forest HillA21BR,1BA$1.42
Riverdale1 Bed, 1 bath1BR,1BA$1.44
MAA SouthwindSpyglass1BR,1BA$1.54

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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!

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, apartment communities for the kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Windyke-Southwind Apartments

What is the Cheapest Studio apartment in Windyke-Southwind?

Currently the most affordable Cheap Studio Apartment in Windyke-Southwind is at The Villas at Germantown Apartments listed at $1,242.

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

The lowest price for a Cheap One Bedroom Windyke-Southwind Apartment is $860 at Riverdale.

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

Today's best deal for a Cheap Two Bedroom Apartment in Windyke-Southwind is starting from $995 at Riverdale.

What is the most affordable Windyke-Southwind Three Bedroom Apartment?

The best deal on a cheap Windyke-Southwind Three Bedroom Apartment rental is at Riverdale and starts from $1,335.

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.