378 Mulberry St
MemphisTN38103
Cheap Homes for Rent in South Main Neighborhood of Memphis, TN from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the South Main area of Memphis.
92 S Main St
MemphisTN38103
420 S Front St
MemphisTN38103
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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.
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71 Union Ave
MemphisTN38103
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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South Main, Memphis, TN Local Guide
How much does it cost to rent a home in South Main?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Main 2 Bedroom Homes for Rent | $2,382 | $1,790 | $3,700 |
| South Main 3 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
| South Main 4 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $760 |
| Exchange Building | 1 Bedroom Small | 1BR,1BA | $925 |
| The Chisca | A1r | 1BR,1BA | $927 |
Best Value Apartments for Rent in South Main, TN
As of July 09, 2025 the best value apartment in the South Main area is the $1.41 price per square foot RiverLoft 2BR Model at RiverLofts @ 460 Tennessee in the in the Downtown Memphis neighborhood starting from $2,600. The second greatest value South Main apartment is the A5 Model at The Washburn starting at $1,170 with a $1.28 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. |
|---|---|---|---|
| RiverLofts @ 460 Tennessee | RiverLoft 2BR | 2BR,2BA | $1.41 |
| The Washburn | A5 | 1BR,1BA | $1.28 |
| Downtown Memphis Flats | Main Street 1 Bedroom, 1.5 Bathroom | 1BR,1BA | $1.63 |
| 44 S. Front | 1 Bedroom 1.5 Bath | 1BR,1.5BA | $1.56 |
| 266 Lofts | A1 | 1BR,1BA | $1.46 |
| Patterson Flats | 1-A Type B | 1BR,1BA | $1.27 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
| 280 Vance Flats | 1 Bedroom 1 Bath Unit 1A (ADA) | 1BR,1BA | $1.44 |
| Crescent Bluff | 1 Bedroom 1 Bath 50% | 1BR,1BA | $1.37 |
| Exchange Building | 1 Bedroom Medium | 1BR,1BA | $1.68 |
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Frequently Asked Questions about South Main
What type of rentals are currently available in South Main?
There are currently 86 Apartments for Rent in South Main, TN with pricing that ranges from $760 to $6,900. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Main ranging from $1,275 to $3,995.
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 $1,275 to $3,995 with an average monthly rent of $2,615.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.