
Cheap Apartments for Rent in the South Rhodes Neighborhood of Memphis, TN from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Rhodes area of Memphis.


The Residences at Lakeview

University Crossings

Tiger Estates

Getwell Pointe

Azure Place Apartments

2718 Claudette Rd

3118 Monterrey Square

Addison Apartments III
South Rhodes, Memphis, TN Local Guide

How much does it cost to rent an apartment in South Rhodes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Rhodes Studio Apartments | $702 | $581 | $1,304 |
South Rhodes 1 Bedroom Apartments | $1,024 | $450 | $1,685 |
South Rhodes 2 Bedroom Apartments | $1,047 | $600 | $2,150 |
South Rhodes 3 Bedroom Apartments | $1,394 | $789 | $4,340 |
South Rhodes 4 Bedroom Apartments | $1,659 | $599 | $3,520 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the South Rhodes Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
South Rhodes, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available South Rhodes Apartments for Rent
 The cheapest available apartment rental in the South Rhodes area of Memphis, TN is a 1 Bed unit found at Camelot Manor priced from $450. The Residences at Lakeview has the second lowest priced unit, which is a Studio apartment currently listed from $581. Here are the most affordable South Rhodes apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Camelot Manor | 1 Bed, 1 bath | 1BR,1BA | $450 |
The Residences at Lakeview | Studio | Studio,1BA | $581 |
The Junction | The Boxcar | 1BR,1BA | $824 |
Azure Place Apartments | 1 Bedroom A | 1BR,1BA | $835 |
Tiger Estates | Entire Home 4 bedroom/4bath | 1BR,1BA | $850 |
Woodtrail Apartment | 1/1 | 1BR,1BA | $895 |
Yugo Memphis Southern | 2 Bed, 2 Bath Classic | 2BR,2BA | $899 |
Sherwood Flats | 2 Bed, 1 Bath | 2BR,1BA | $905 |
Addison Apartments III | One bedroom w Bonus Space | 2BR,1BA | $995 |
Getwell Pointe | B2 | 2BR,1BA | $1,005 |
Best Value Apartments for Rent in South Rhodes, TN
As of March 25, 2025 the best value apartment in the South Rhodes area is the $0.43 price per square foot 4 Bedroom 4 Bath Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $800. The second greatest value South Rhodes apartment is the 4597 Leatherwood Ave Model at 4597 Leatherwood Ave starting at $1,685 with a $0.99 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for South Rhodes apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Student Lofts at Brister | 4 Bedroom 4 Bath | 1BR,1BA | $0.43 |
4597 Leatherwood Ave | 4597 Leatherwood Ave | 4BR,2BA | $0.99 |
4038 Kimball Ave | 4038 Kimball Ave | 3BR,1BA | $0.79 |
3481 Vanuys Rd | 3481 Vanuys Rd | 3BR,2BA | $0.83 |
4351 Cottonwood Rd | 4351 Cottonwood Rd | 3BR,2BA | $1.06 |
Camelot Manor | 3 Beds, 2 baths | 3BR,2BA | $0.71 |
Sherwood Flats | 2 Bed, 1 Bath w/ Washer/Dryer | 2BR,1BA | $1.08 |
Nine At Memphis | 2Bed / 2Bath A | 2BR,2BA | $1.11 |
Woodtrail Apartment | 1/1 | 1BR,1BA | $1.12 |
Azure Place Apartments | 2 Bedroom A | 2BR,1BA | $1.16 |
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 Rhodes, Memphis, TN
Ranked #63
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including South Rhodes, Memphis, and the greater Memphis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap South Rhodes Apartments
What is a cheap apartment in South Rhodes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Rhodes is under $1,005.
What is the price of a cheap apartment in South Rhodes?
The cheapest apartment in South Rhodes is Camelot Manor which is listed at $450, while the average apartment in South Rhodes costs $1,460.
What types of apartments are the cheapest in South Rhodes?
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 921 regular apartments in South Rhodes 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 Rhodes?
Cheap apartments in South Rhodes have an average cost of $466 which is $994 cheaper than the average rent for all rentals in South Rhodes.
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.