close
View Me
$760 - $1,0201 to 3 Bedroom Apartments Available Now
Owens Place Townhomes
291 E Pontotoc AveMemphis, TN 38126
Cheap Apartments for Rent in the South Main Neighborhood of Memphis, TN from $700 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Main area of Memphis.
close
View Me
Rent Specials
$947 - $2,913
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$947 - $2,913
Total Monthly Price
$947 - $2,913
The Chisca
272 S Main StMemphis, TN 38103
close
View Me
$950 - $9951 Bedroom Apartments Available Jun 30
280 Vance Flats
280 Vance AveMemphis, TN 38126
close
View Me
$999 - $1,759Studio to 2 Bedroom Apartments Available Now
South Junction Apartments
9 E Carolina AveMemphis, TN 38103
close
View Me
$999 - $1,770Studio to 2 Bedroom Apartments Available Now
South Line at Central Station
9 E Carolina AveMemphis, TN 38103
close
View Me
$999 - $1,3001 Bedroom Apartments Available Jun 15
Number 10 Main Apartments
10 S Main StMemphis, TN 38103
close
View Me
Rent Specials
$1,000 - $1,7501 to 2 Bedroom Apartments Available Now
266 Lofts
266 S Front StMemphis, TN 38103
close
View Me
Rent Specials
$1,000 - $1,4101 Bedroom Apartments Available Now
Museum Lofts
138 Huling AveMemphis, TN 38103
close
View Me
$1,003 - $1,786Studio to 1 Bedroom Apartments Available Jun 17
Lofts at Union Alley
110 Barboro AlyMemphis, TN 38103
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.
close
View Me
Rent Specials
$1,125 - $1,7551 to 2 Bedroom Apartments Available Now
Downtown Memphis Flats
100 Gayoso AveMemphis, TN 38103
close
View Me
Rent Specials
$1,182 - $6,841
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,182 - $6,841
Total Monthly Price
Varies
The Landing Residences
1 Dr Martin Luther King Jr AveMemphis, TN 38103
close
View Me
$1,295 - $1,9951 to 2 Bedroom Apartments Available Now
Pressbox Lofts
195 Madison AveMemphis, TN 38103
close
View Me
Rent Specials
$1,445 - $5,900Studio to 3 Bedroom Apartments Available Now
The Oliver Luxury Apartments
7 Vance AveMemphis, TN 38103
92 S Main St, Unit 102
92 S Main St
MemphisTN38103
close
View Me
Rent Specials
$1,555 - $3,784
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,555 - $3,784
Total Monthly Price
$1,555 - $3,784
Metro67
67 Madison AveMemphis, TN 38103
129 Talbot Ave, Unit 103
129 Talbot Ave
MemphisTN38103
close
View Me
$1,695 - $1,9951 Bedroom Apartments Available Now
Lofts at Merchant Row
91 S 2nd StMemphis, TN 38103
close
View Me
1 to 3 Bedroom Apartments
Crescent Bluff
25 E Virginia AveMemphis, TN 38106
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.
close
View Me
Studio to 3 Bedroom Apartments
South Main Artspace Lofts
138 St. Paul AveMemphis, TN 38126
close
View Me
Studio to 2 Bedroom Apartments
Exchange Building
9 N 2nd StMemphis, TN 38103
close
View Me
Studio to 2 Bedroom Apartments
W.L.
267 S Main StMemphis, TN 38103
close
View Me
1 to 2 Bedroom Apartments
The Washburn
60 S Main StMemphis, TN 38103
close
View Me
1 to 2 Bedroom Apartments
Radio Center Flats
66 S Main StMemphis, TN 38103
close
View Me
1 to 2 Bedroom Apartments
Annex Lofts
345 S Front StMemphis, TN 38103
close
View Me
Studio to 2 Bedroom Apartments
Main Street Flats
101 S Main StMemphis, TN 38103
close
View Me
1 to 2 Bedroom Apartments
Cornerstone Flats
113 S Main StMemphis, TN 38103
close
View Me
1 to 2 Bedroom Apartments
Printer's Alley Lofts
347 S Front StMemphis, TN 38103
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
close
View Me
1 to 2 Bedroom Apartments
Van Vleet Flats
122 Gayoso AveMemphis, TN 38103
close
View Me
Studio to 2 Bedroom Apartments
99 Front Apartments
99 S Front StMemphis, TN 38103
close
View Me
Studio to 2 Bedroom Apartments
Pembroke Square Apartments
125 Gayoso AveMemphis, TN 38103
close
View Me
Studio to 2 Bedroom Apartments
50 Peabody Place
50 Peabody PlMemphis, TN 38103
505 Tennessee St
MemphisTN38103
close
View Me
1 to 3 Bedroom Apartments
2nd Street Flats
362 S 2nd StMemphis, TN 38103
129 Talbot Ave
MemphisTN38103
close
View Me
Studio to 2 Bedroom Apartments
Cabinet Shop Lofts
436 S Front StMemphis, TN 38103
413 S Main St
MemphisTN38103
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
close
View Me
1 to 2 Bedroom Apartments
RiverLofts @ 460 Tennessee
460 Tennessee StMemphis, TN 38103
510 City House Ct
MemphisTN38103
Showing Results 1-38, Page 1 of 1
South Main, Memphis, TN Local Guide
How much does it cost to rent an apartment in South Main?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Main Studio Apartments | $1,207 | $999 | $1,614 |
| South Main 1 Bedroom Apartments | $1,496 | $760 | $2,295 |
| South Main 2 Bedroom Apartments | $2,419 | $945 | $5,900 |
| South Main 3 Bedroom Apartments | $2,662 | $1,020 | $2,978 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the South Main Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
South Main, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available South Main Apartments for Rent
The cheapest available apartment rental in the South Main area of Memphis, TN is a 1 Bed unit found at Owens Place Townhomes priced from $760. Crescent Bluff has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable South Main apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
| Crescent Bluff | 11A50 | 1BR,1BA | $799 |
| South Junction Apartments | The Edge | Studio,1BA | $999 |
| South Line at Central Station | studio | Studio,1BA | $999 |
| 266 Lofts | A1 Phase II | 1BR,1BA | $1,000 |
| Museum Lofts | The Stax | 1BR,1BA | $1,000 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1,125 |
| The Washburn | WAS-A1 | 1BR,1BA | $1,125 |
| The Chisca | A4c | Studio,1BA | $1,151 |
| The Landing Residences | S1 | Studio,1BA | $1,182 |
Best Value Apartments for Rent in South Main, TN
As of June 11, 2026 the best value apartment in the South Main 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 South Main 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 South Main 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 |
| 2nd Street Flats | 32A60 | 3BR,2BA | $1.26 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| Museum Lofts | The Delta | 1BR,1BA | $1.51 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1.43 |
| The Washburn | WAS-A1 | 1BR,1BA | $1.58 |
| Pressbox Lofts | Courier New | 1BR,1BA | $1.85 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| Crescent Bluff | 11A50 | 1BR,1BA | $1.39 |
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 Article
Don'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.
Let everyone know!
Do you know the South Main area?
If you’re an expert on all things South Main, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleSouth Main, Memphis, TN
Ranked #46
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee, 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 outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
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 $1,182.
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 $2,883.
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 47 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 $901 which is $1,982 cheaper than the average rent for all rentals in South Main.
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.
Helpful Local Expert Guides
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.