
Luxury Apartments for Rent in the South Memphis Neighborhood of Memphis, TN (4 Rentals)
The most luxurious Apartments in the South Memphis area of Memphis with high-end amenities, features, and finishes.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1410 Goodbar Ave
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

937 Meda St
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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 | $1,083 | $577 | $1,450 |
South Memphis 1 Bedroom Apartments | $1,013 | $587 | $1,800 |
South Memphis 2 Bedroom Apartments | $1,074 | $499 | $2,885 |
South Memphis 3 Bedroom Apartments | $1,195 | $827 | $4,460 |
South Memphis 4 Bedroom Apartments | $1,176 | $897 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the South Memphis Neighborhood of Memphis, TN.
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South Memphis, Memphis, TN Local Guide
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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.
Pet Friendly LifestyleSouth Memphis, Memphis, TN
Ranked #19
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Tennessee, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Luxury Living Rating
This section of town is now ranked as one of the A-list luxury communities in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, maid services, park views, easy access to green space, and amenities like granite countertops, range hoods, and high-end appliances. Luxury submarkets also often offer wood-burning fireplaces, raquetball courts, and a full-time security staff or doorman.
Frequently Asked Questions about South Memphis
How much are Studio apartments in South Memphis?
There are currently 20 Studio Apartments in South Memphis with rent ranges from $577 to $1,450 with an average price of $1,083.
What is the current price range for One Bedroom South Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in South Memphis ranges from $587 to $1,800 with an average monthly rent of $1,013.
What does renting a Two Bedroom Apartment in South Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in South Memphis range from $499 to $2,885. Today's average rental price for Two Bedrooms here is $1,074.
How expensive are South Memphis Three Bedroom Apartments?
There are currently 66 Three Bedroom Apartments listings available in South Memphis on ApartmentHomeLiving.com. The pricing ranges from $827 to $4,460 - averaging $1,195 for the location.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.