129 Talbot Ave
MemphisTN38103
Cheap Homes for Rent in South Main Neighborhood of Memphis, TN from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the South Main area of Memphis.
66 S Front St
MemphisTN38103
413 S Main St
MemphisTN38103
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.
92 S Main St, Unit 102
92 S Main St
MemphisTN38103
129 Talbot Ave, Unit 103
129 Talbot Ave
MemphisTN38103
510 City House Ct
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.
Showing Results 1-6, 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 | $2,342 | $1,350 | $3,390 |
| South Main 3 Bedroom Homes for Rent | $2,743 | $2,575 | $2,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 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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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 |
| Patterson Flats | 1-A | 1BR,1BA | $974 |
Best Value Apartments for Rent in South Main, TN
As of June 21, 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 |
| 266 Lofts | B1 Phase II | 2BR,2BA | $1.46 |
| Number 10 Main | NTM-A4 | 1BR,1BA | $1.32 |
| 505 S Main St, Unit 505 South Main #202 | 505 S Main St | 1BR,1BA | $1.59 |
| Crescent Bluff | 22A60 | 2BR,2BA | $1.42 |
| Downtown Memphis Flats | Barboro 1 Bedroom | 1BR,1BA | $1.43 |
| Patterson Flats | 1-A | 1BR,1BA | $1.30 |
| The Washburn | WAS-A1 | 1BR,1BA | $1.58 |
| Owens Place Townhomes | 1 Bed Flat | 1BR,1BA | $1.10 |
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!
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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.
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Pet Friendly LifestyleSouth Main, Memphis, TN
Ranked #48
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 87 Apartments for Rent in South Main, TN with pricing that ranges from $760 to $5,900. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Main ranging from $1,350 to $3,390.
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 $1,350 to $3,390 with an average monthly rent of $2,283.
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.
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