Cheap 1 Bedroom Apartments for Rent in the South Main Neighborhood of Memphis, TN from $760 (26 Rentals)

280 Vance Flats

Downtown Memphis Flats

The Washburn
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.

South Line at Central Station

South Junction Apartments

Lofts at Union Alley

The Oliver Luxury Apartments
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.

378 Mulberry St

376 Mulberry St
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.

92 S Main St
South Main, Memphis, TN Local Guide

How much does it cost to rent an apartment in South Main?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Main Studio Apartments | $1,345 | $925 | $2,845 |
South Main 1 Bedroom Apartments | $1,583 | $760 | $2,984 |
South Main 2 Bedroom Apartments | $2,520 | $890 | $6,007 |
South Main 3 Bedroom Apartments | $2,551 | $1,020 | $3,355 |
Explore Memphis
South Main, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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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.
Getting Around the South Main Neighborhood in Memphis, TN
Walk Score®
89 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
48 / 100
Some Transit
A few 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 South Main Apartments
What is a cheap apartment in South Main?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Main is under $1,170.
What is the price of a cheap apartment in South Main?
The cheapest apartment in South Main is Owens Place Townhomes which is listed at $760, while the average apartment in South Main costs $2,527.
What types of apartments are the cheapest in South Main?
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 4 regular apartments in South Main 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 Main?
Cheap apartments in South Main have an average cost of $113 which is $2,414 cheaper than the average rent for all rentals in South Main.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.