
Cheap Homes for Rent in Riverwalk Neighborhood of Memphis, TN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverwalk area of Memphis.


720 Litty Ct

440 N Front St

378 Mulberry St

376 Mulberry St
Riverwalk, Memphis, TN Local Guide

How much does it cost to rent a home in Riverwalk?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Riverwalk 2 Bedroom Homes for Rent | $2,166 | $820 | $2,800 |
Riverwalk 3 Bedroom Homes for Rent | $2,745 | $2,500 | $2,990 |
Riverwalk 4 Bedroom Homes for Rent | $4,495 | $4,495 | $4,495 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Riverwalk Neighborhood of Memphis, TN.
Explore Memphis
Riverwalk, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $742. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indigo Riverview | Emory | Studio,1BA | $742 |
Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
Exchange Building | 1 Bedroom Small | 1BR,1BA | $925 |
Best Value Apartments for Rent in Riverwalk, TN
As of March 26, 2025 the best value apartment in the Riverwalk area is the $1.54 price per square foot B5 Model at Number 10 Main Street Apartments in the in the Downtown Memphis neighborhood starting from $2,031. The second greatest value Riverwalk apartment is the Metropolitan 9 Model at Metro67 starting at $1,902 with a $1.65 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Number 10 Main Street Apartments | B5 | 2BR,2BA | $1.54 |
Metro67 | Metropolitan 9 | 2BR,2BA | $1.65 |
Court Square Apartments | 2 BR | 2BR,2BA | $1.47 |
Lofts at Merchant Row | Floor Plan C | 1BR,1BA | $1.40 |
The Peabody Collection | S10 | Studio ,1BA | $1.42 |
44 S. Front | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.56 |
The Marine Residence | 1 Bedroom | 1BR,1BA | $1.43 |
Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
Forum Flats | 1 Bedroom One Bathroom 1-A Type B-60% | 1BR,1BA | $1.31 |
280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
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.
Frequently Asked Questions about Riverwalk
What type of rentals are currently available in Riverwalk?
There are currently 122 Apartments for Rent in Riverwalk, TN with pricing that ranges from $760 to $7,925. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwalk ranging from $820 to $4,495.
What is the current price range for Rental Homes in Riverwalk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwalk ranges from $820 to $4,495 with an average monthly rent of $2,741.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.