Cheap Apartments for Rent in the Mid-Second Neighborhood of Memphis, TN from $500 (44 Rentals)

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

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

560 S Jefferson PlMemphis, TN 38105
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Hope Heights Tower
Studio Apartments

Hope Heights Tower

383 Madison AveMemphis, TN 38103
Senior Living
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W.L.
Studio Apartments

W.L.

267 S Main StMemphis, TN 38103
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Main Street Flats
Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
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Cornerstone Flats
1 to 2 Bedroom Apartments

Cornerstone Flats

113 S Main StMemphis, TN 38103
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

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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Lowenstein
1 to 2 Bedroom Apartments

Lowenstein

66 N Main StMemphis, TN 38103
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Showing Results 1-44, Page 1 of 1

Mid-Second, Memphis, TN Local Guide

Cheapest Available Mid-Second Apartments for Rent

 

The cheapest available apartment rental in the Mid-Second area of Memphis, TN is a 1 Bed unit found at Helix at the District priced from $750. Owens Place Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Mid-Second apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Helix at the District1S1BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Edison ParkOne Bedroom High-RiseStudio,1BA$765
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
Indigo RiverviewEmoryStudio,1BA$845
628 Madison AveSmall StudioStudio,1BA$850
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
Exchange Building1 Bedroom Small1BR,1BA$925
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Fielder SquareE2 StudioStudio,1BA$947

Best Value Apartments for Rent in Mid-Second, TN

As of June 06, 2025 the best value apartment in the Mid-Second area is the $1.41 price per square foot RiverLoft 2BR Model at RiverLofts @ 460 Tennessee in the in the Downtown Memphis neighborhood starting from $2,600. The second greatest value Mid-Second apartment is the P Model at Helix at the District starting at $2,045 with a $1.46 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Mid-Second apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RiverLofts @ 460 TennesseeRiverLoft 2BR2BR,2BA$1.41
Helix at the DistrictP3BR,2BA$1.46
The Metropolitan and Greenlaw Place ApartmentsMetropolitan Two Bedroom2BR,2BA$0.88
Court Square Apartments1 BR1BR,1BA$1.30
628 Madison Ave2 bd / 2 ba2BR,2BA$1.35
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22

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Pet Friendly Lifestyle
Mid-Second, Memphis, TN

Ranked #20

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Memphis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Mid-Second Neighborhood in Memphis, TN

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mid-Second Apartments

What is a cheap apartment in Mid-Second?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mid-Second is under $947.

What is the price of a cheap apartment in Mid-Second?

The cheapest apartment in Mid-Second is Helix at the District which is listed at $750, while the average apartment in Mid-Second costs $2,995.

What types of apartments are the cheapest in Mid-Second?

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 27 regular apartments in Mid-Second 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 Mid-Second?

Cheap apartments in Mid-Second have an average cost of $218 which is $2,777 cheaper than the average rent for all rentals in Mid-Second.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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

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.

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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.