Cheap Apartments for Rent in the South Main Neighborhood of Memphis, TN from $600 (32 Rentals)

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Cheap Apartments in the South Main area of Memphis.

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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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103

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.

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Crescent Bluff
1 to 3 Bedroom Apartments

Crescent Bluff

25 E Virginia AveMemphis, TN 38106
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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
property at 92 S Main St

92 S Main St

MemphisTN38103
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44 S. Front
1 Bedroom Apartments

44 S. Front

44 S Front StMemphis, TN 38103

South Main, Memphis, TN Local Guide

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. Exchange Building has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable South Main apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Exchange Building1 Bedroom Small1BR,1BA$925
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$950
The ChiscaA1r1BR,1BA$970
South Junction ApartmentsThe EdgeStudio,1BA$999
South Line at Central StationstudioStudio,1BA$999
The WashburnA41BR,1BA$1,019
Barboro FlatsBarboro 1 Bedroom1BR,1BA$1,050
Gayoso House& Pembrook SquarePembroke Square- S1.1Studio,1BA$1,080
Lofts at Union AlleyE2Studio,1BA$1,118

Best Value Apartments for Rent in South Main, TN

As of May 06, 2025 the best value apartment in the South Main area is the $1.54 price per square foot B5 Model at Number 10 Main Street Apartments in the in the Downtown Memphis neighborhood starting from $2,031. The second greatest value South Main apartment is the Folio + Loft Model at Pressbox Lofts starting at $1,895 with a $1.47 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Number 10 Main Street ApartmentsB52BR,2BA$1.54
Pressbox LoftsFolio + Loft2BR,2BA$1.47
Metro67Metropolitan 92BR,2BA$1.65
The WashburnA51BR,1BA$1.28
44 S. Front1 Bedroom 1.5 Bath1BR,1.5BA$1.56
Barboro FlatsMain Street 1 Bedroom, 1.5 Bathroom1BR,1BA$1.63
Museum LoftsThe Delta1BR,1BA$1.44
Lofts at Merchant RowFloor Plan E1BR,1BA$1.59
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44

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Pet Friendly Lifestyle
South Main, Memphis, TN

Ranked #27

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

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

Frequently Asked Questions about Cheap South Main Apartments

What is the Cheapest Studio apartment in South Main?

Currently the most affordable Cheap Studio Apartment in South Main is at Exchange Building listed at $925.

How much is rent for a Cheap One Bedroom South Main Apartment?

The lowest price for a Cheap One Bedroom South Main Apartment is $760 at Owens Place Townhomes.

What is the lowest price for a Cheap Two Bedroom South Main Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Main is starting from $890 at Owens Place Townhomes.

What is the most affordable South Main Three Bedroom Apartment?

The best deal on a cheap South Main Three Bedroom Apartment rental is at Owens Place Townhomes and starts from $1,020.

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 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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.