Cheap Apartments for Rent in the Riverwalk Neighborhood of Memphis, TN from $600 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Explore the Best Cheap Apartments in Riverwalk area of Memphis for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

close
View Me
Crescent Bluff II
from $7271 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
View Details
close
View Me
Crescent Bluff
from $7271 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
View Details
close
View Me
Mason Homes on 4th
from $8002 to 3 Bedroom Apartments

Mason Homes on 4th

900 S 4th StMemphis, TN 38126
View Details
close
View Me
2nd Street Flats
from $8671 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
View Details
close
View Me
Forum Flats
from $8871 Bedroom Apartments Available Jan 8

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
View Details
close
View Me
Patterson Flats
from $8871 Bedroom Apartments Available Jan 5

Patterson Flats

259 E Butler AveMemphis, TN 38126
View Details
close
View Me
W.L.
from $1,000Studio Apartments

W.L.

267 S Main StMemphis, TN 38103
View Details
close
View Me
Radio Center Flats
from $1,0001 to 2 Bedroom Apartments

Radio Center Flats

66 S Main StMemphis, TN 38103
Student Housing
View Details
close
View Me
Main Street Flats
from $1,015Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
View Details
close
View Me
Cornerstone Flats
from $1,0451 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
Student Housing
View Details
close
View Me
99 S Front St
Rent Specials
from $1,130Studio to 2 Bedroom Apartments Available Now

99 S Front St

99 S Front StMemphis, TN 38103
View Details
close
View Me
Lowenstein
from $1,2251 to 2 Bedroom Apartments

Lowenstein

66 N Main StMemphis, TN 38103
View Details
close
View Me
Cabinet Shop Lofts
from $1,3691 to 2 Bedroom Apartments

Cabinet Shop Lofts

436 S Front StMemphis, TN 38103
View Details
close
View Me
44 S. Front
from $1,4001 Bedroom Apartments Available Mar 5

44 S. Front

44 S Front StMemphis, TN 38103
View Details
Showing Results 1-42, 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 Studio unit found at Indigo Riverview priced from $899. Exchange Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Riverwalk apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Indigo RiverviewPowellStudio,1BA$899
Exchange Building1 Bedroom Small1BR,1BA$925
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
266 LoftsS1Studio,1BA$960
Fielder SquareE2 StudioStudio,1BA$961
The Marine Residence1 Bedroom1BR,1BA$998
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
The Tennessee BreweryTHE TAP ROOM 1C1BR,1BA$1,026
Number 10 Main Street ApartmentsA11BR,1BA$1,045

Best Value Apartments for Rent in Riverwalk, TN

As of January 05, 2025 the best value apartment in the Riverwalk area is the $1.50 price per square foot B5 Model at Number 10 Main Street Apartments in the in the Downtown Memphis neighborhood starting from $1,984. The second greatest value Riverwalk apartment is the Metropolitan 9 Model at Metro67 starting at $1,922 with a $1.67 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.
Number 10 Main Street ApartmentsB52BR,2BA$1.50
Metro67Metropolitan 92BR,2BA$1.67
Lofts at Merchant RowFloor Plan C1BR,1BA$1.40
Printer's Alley LoftsA41BR,1BA$1.52
South Bluffs Apartments1 BD/ 1 BA 8601BR,1BA$1.60
The WashburnA41BR,1BA$1.46
Downtown Memphis FlatsStudio MainStudio ,1BA$1.67
The Marine Residence1 Bedroom1BR,1BA$1.43
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44
Exchange Building1 Bedroom Medium1BR,1BA$1.68

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

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 $925 at Exchange Building.

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 $1,050 at Exchange Building.

What is the most affordable Riverwalk Three Bedroom Apartment?

The best deal on a cheap Riverwalk Three Bedroom Apartment rental is at Court Square and starts from $1,995.

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.