
Cheap Homes for Rent in Mid-Second Neighborhood of Memphis, TN from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Mid-Second area of Memphis.


109 N Main St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

129 Talbot Ave

92 S Main St, Unit 102
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Mid-Second, Memphis, TN Local Guide

How much does it cost to rent a home in Mid-Second?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mid-Second 2 Bedroom Homes for Rent | $1,964 | $995 | $2,775 |
| Mid-Second 3 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Mid-Second Neighborhood of Memphis, TN.
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Mid-Second, Memphis, TN Local Guide
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Best Value Apartments for Rent in Mid-Second, TN
As of May 07, 2026 the best value apartment in the Mid-Second area is the $1.42 price per square foot 2 Bedroom 1.5 Bath Model at 44 S. Front in the in the Downtown Memphis neighborhood starting from $1,850. The second greatest value Mid-Second apartment is the Floor Plan A Model at Lofts at Merchant Row starting at $1,695 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 44 S. Front | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.42 |
| Lofts at Merchant Row | Floor Plan A | 1BR,1.5BA | $1.36 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| 628 Madison Ave | 2 bd / 2 ba | 2BR,2BA | $1.35 |
| Linden Yards Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1.43 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Forum Flats | 1-C Type B-60% | 1BR,1BA | $1.41 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 LifestyleMid-Second, Memphis, TN
Ranked #24
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Mid-Second
What type of rentals are currently available in Mid-Second?
There are currently 154 Apartments for Rent in Mid-Second, TN with pricing that ranges from $525 to $4,700. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mid-Second ranging from $995 to $2,800.
What is the current price range for Rental Homes in Mid-Second?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mid-Second ranges from $995 to $2,800 with an average monthly rent of $2,382.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.