Cheap Apartments for Rent in the Southside Neighborhood of Memphis, TN from $700 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southside area of Memphis.

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.

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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.

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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
  • Utilities Included
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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
  • Utilities Included

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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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
Senior Living
  • Utilities Included

Southside, Memphis, TN Local Guide

Cheapest Available Southside Apartments for Rent

 

The cheapest available apartment rental in the Southside area of Memphis, TN is a 1 Bed unit found at Uptown Square Apartments priced from $930. Bonsai at Central Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $949. Here are the most affordable Southside apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$949
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
Gayoso House& Pembrook SquarePembroke Square- S1.1Studio,1BA$1,080

Best Value Apartments for Rent in Southside, TN

As of May 11, 2025 the best value apartment in the Southside area is the $1.14 price per square foot 2 Bedroom Model at The Marine Residence in the in the South Memphis neighborhood starting from $1,725. The second greatest value Southside apartment is the 308 Model at National Rose Co. starting at $2,215 with a $1.86 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Southside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Marine Residence2 Bedroom2BR,2BA$1.14
National Rose Co.3082BR,2BA$1.86
Crescent BluffThree Bedroom Two Bath 60%3BR,2BA$1.24
South Bluffs Apartments1 BD/ 1 BA 8601BR,1BA$1.62
State Place at South EndOne Bedroom / One Bathroom1BR,1BA$1.90
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Orleans Station1BR - Small1BR,1BA$1.92
The Tennessee BreweryTHE BREWERY- A101BR,1BA$2.22
Bonsai at Central GardensStudio- with Washer/DryerStudio ,1BA$2.23
South Line at Central StationstudioStudio ,1BA$2.00

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Pet Friendly Lifestyle
Southside, Memphis, TN

Ranked #43

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Southside Apartments

What is a cheap apartment in Southside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southside is under $1,312.

What is the price of a cheap apartment in Southside?

The cheapest apartment in Southside is Uptown Square Apartments which is listed at $930, while the average apartment in Southside costs $2,260.

What types of apartments are the cheapest in Southside?

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 23 regular apartments in Southside 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 Southside?

Cheap apartments in Southside have an average cost of $139 which is $2,121 cheaper than the average rent for all rentals in Southside.

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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.