Cheap Apartments for Rent in the Riverwalk Neighborhood of Memphis, TN from $600 (43 Rentals)

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

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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
Utilities inc.
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Crescent Bluff
1 to 2 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
Utilities inc.
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
Utilities inc.
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
Utilities inc.
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W.L.
Studio Apartments

W.L.

267 S Main StMemphis, TN 38103
Utilities inc.
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Radio Center Flats
1 to 2 Bedroom Apartments

Radio Center Flats

66 S Main StMemphis, TN 38103
Student Housing
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Main Street Flats
Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
Utilities inc.
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Cornerstone Flats
1 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
Student Housing
Utilities inc.
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99 S Front St
Studio to 2 Bedroom Apartments

99 S Front St

99 S Front StMemphis, TN 38103
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Lowenstein
1 to 2 Bedroom Apartments

Lowenstein

66 N Main StMemphis, TN 38103
Utilities inc.
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44 S. Front
1 Bedroom Apartments

44 S. Front

44 S Front StMemphis, TN 38103
Showing Results 1-43, Page 1 of 1

Riverwalk, Memphis, TN Local Guide

Cheapest Available Riverwalk Apartments for Rent

 

The cheapest available apartment rental in the Riverwalk area of Memphis, TN is a 1 Bed unit found at Crescent Bluff priced from $727. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Riverwalk apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Crescent BluffOne Bedroom One Bath 50%1BR,1BA$727
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Indigo RiverviewPowellStudio,1BA$899
Exchange Building1 Bedroom Small1BR,1BA$925
Fielder SquareE2 StudioStudio,1BA$942
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
The ChiscaA1r1BR,1BA$970
The Marine Residence1 Bedroom1BR,1BA$998
Downtown Memphis FlatsBarboro 1 Bedroom1BR,1BA$999
South Junction ApartmentsThe EdgeStudio,1BA$999

Best Value Apartments for Rent in Riverwalk, TN

As of February 22, 2025 the best value apartment in the Riverwalk area is the $1.40 price per square foot 2 BRL Model at Court Square Apartments in the in the Downtown Memphis neighborhood starting from $1,989. The second greatest value Riverwalk apartment is the B5 Model at Number 10 Main Street Apartments starting at $2,031 with a $1.54 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Riverwalk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Court Square Apartments2 BRL2BR,2BA$1.40
Number 10 Main Street ApartmentsB52BR,2BA$1.54
Forum Flats3 Bedroom Two Bathroom 3-A Type B-60%-PBV3BR,2BA$1.02
Lofts at Merchant RowFloor Plan C1BR,1BA$1.40
Pembroke Square at Peabody PlaceA21BR,1.5BA$1.64
The WashburnA41BR,1BA$1.46
The Marine Residence1 Bedroom1BR,1BA$1.43
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44
Crescent BluffOne Bedroom One Bath 50%1BR,1BA$1.27

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Pet Friendly Lifestyle
Riverwalk, Memphis, TN

Ranked #19

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the Riverwalk Neighborhood in Memphis, TN

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Riverwalk Apartments

What is the Cheapest Studio apartment in Riverwalk?

Currently the most affordable Cheap Studio Apartment in Riverwalk is at Indigo Riverview listed at $899.

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

The lowest price for a Cheap One Bedroom Riverwalk Apartment is $727 at Crescent Bluff.

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

Today's best deal for a Cheap Two Bedroom Apartment in Riverwalk is starting from $890 at Owens Place Townhomes.

What is the most affordable Riverwalk Three Bedroom Apartment?

The best deal on a cheap Riverwalk Three Bedroom Apartment rental is at Owens Place Townhomes and starts from $1,020.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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Signing Your Apartment Lease: The Basics

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