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New Horizon - Kingsgate
3619 Kings Gate DrMemphis, TN 38116
Cheap 3 Bedroom Apartments for Rent in the South Memphis Neighborhood of Memphis, TN from $827 (8 Rentals)
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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South Memphis, Memphis, TN Local Guide
How much does it cost to rent an apartment in South Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Memphis Studio Apartments | $1,045 | $577 | $1,450 |
| South Memphis 1 Bedroom Apartments | $987 | $587 | $1,800 |
| South Memphis 2 Bedroom Apartments | $1,137 | $499 | $7,650 |
South Memphis 3 Bedroom Apartments | $1,513 | $827 | $10,000+ |
| South Memphis 4 Bedroom Apartments | $1,004 | $897 | $2,100 |
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South Memphis, Memphis, TN Local Guide
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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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Frequently Asked Questions about Cheap South Memphis Apartments
What is a cheap apartment in South Memphis?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Memphis is under $700.
What is the price of a cheap apartment in South Memphis?
The cheapest apartment in South Memphis is New Horizon - Kingsgate which is listed at $827, while the average apartment in South Memphis costs $13,550.
What types of apartments are the cheapest in South Memphis?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 64 regular apartments in South Memphis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Memphis?
Cheap apartments in South Memphis have an average cost of $273 which is $13,277 cheaper than the average rent for all rentals in South Memphis.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.