124 Monroe Ave
MemphisTN38103
Cheap Homes for Rent in South Main Neighborhood of Memphis, TN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the South Main area of Memphis.
415 S Front St
MemphisTN38103
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.
66 Monroe Ave
MemphisTN38103
615 Denmark Dr
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.
Showing Results 1-4, Page 1 of 1
South Main, Memphis, TN Local Guide
How much does it cost to rent a home in South Main?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Main 2 Bedroom Homes for Rent | $1,881 | $1,525 | $2,600 |
| South Main 3 Bedroom Homes for Rent | $2,725 | $2,600 | $2,850 |
| South Main 4 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the South Main Neighborhood of Memphis, TN.
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South Main, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Best Value Apartments for Rent in South Main, TN
As of January 31, 2026 the best value apartment in the South Main area is the $1.51 price per square foot NTM-B5 Model at Number 10 Main in the in the Downtown Memphis neighborhood starting from $1,999. The second greatest value South Main apartment is the 2ATypeB S8 Model at Patterson Flats starting at $1,654 with a $1.61 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. |
|---|---|---|---|
| Number 10 Main | NTM-B5 | 2BR,2BA | $1.51 |
| Patterson Flats | 2ATypeB S8 | 2BR,2BA | $1.61 |
| 266 Lofts | B1 | 2BR,2BA | $1.46 |
| Lofts at Merchant Row | Floor Plan D | 1BR,1BA | $1.26 |
| Museum Lofts | The Delta | 1BR,1BA | $1.54 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.39 |
| The Washburn | WAS-A2 | 1BR,1BA | $1.64 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Exchange Building | 1 Bedroom Medium | 1BR,1BA | $1.68 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleSouth Main, Memphis, TN
Ranked #42
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about South Main
What type of rentals are currently available in South Main?
There are currently 88 Apartments for Rent in South Main, TN with pricing that ranges from $760 to $5,900. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Main ranging from $1,140 to $3,795.
What is the current price range for Rental Homes in South Main?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Main ranges from $1,140 to $3,795 with an average monthly rent of $2,280.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.