Yugo Memphis Southern
3595-3655 Southern Ave,
Memphis, TN 38111
$599 - $1,409
Studio - 4 Beds
Situated in the quiet Normal Station neighborhood, the University of Memphis is a major research institution driven by doing. Students gain real world experience to become tomorrow’s leaders through U of M’s Emerging Leaders Program. Founded in 1912, U of M is home to Tennessee’s largest honors program and boasts more than 250 areas of study. Membership in the American Athletic Conference and NCAA Division I level sports teams bond U of M Tigers with the community on a regular basis.
Many apartments, townhomes, and single-family houses are available for rent around the University of Memphis. College of Education students and faculty may narrow their options to the south side of campus, with access to Southern Avenue, while those frequenting the FedEx Institute of Technology might prefer to look on the campus’ north side, with convenience to Central Avenue.
The Memphis Botanic Garden, Pink Palace Family of Museums, and Highland Row’s bars and restaurants are all nearby campus, offering ample opportunities for recreation and leisure.
As of January 2026, the average apartment rent in Memphis, TN is $941 for a studio, $1,029 for one bedroom, $1,064 for two bedrooms, and $1,278 for three bedrooms. Apartment rent in Memphis has decreased by -1.8% in the past year.
Studio
492 sq ft
Average Sq Ft
$941/month
Average Rent
1 BR
708 sq ft
Average Sq Ft
$1,029/month
Average Rent
2 BR
977 sq ft
Average Sq Ft
$1,064/month
Average Rent
3 BR
1,294 sq ft
Average Sq Ft
$1,278/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
870 Students
Public
Grades PK-5
686 Students
Public
Grades PK-5
403 Students
Public
Grades PK-5
884 Students
Public
Grades PK-5
861 Students
Public
Grades 6-8
364 Students
Public
Grades 6-8
1,099 Students
John P. Freeman Optional School
Public
Grades K-8
548 Students
Public
Grades PK-8
1,373 Students
Public
Grades 6-8
1,000 Students
Public
Grades 9-12
568 Students
Public
Grades 9-12
311 Students
Public
Grades 9-12
1,840 Students
Hollis F. Price Middle College High School
Public
Grades 9-12
79 Students
Public
Grades 9-12
1,587 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.