Cheap Apartments for Rent in the Mid-Second Neighborhood of Memphis, TN from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mid-Second area of Memphis.

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property at 109 N Main St

109 N Main St

MemphisTN38103
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Pontotoc Gardens
3 Bedroom Apartments

Pontotoc Gardens

537-539 Pontotoc AveMemphis, TN 38126
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2nd Street Flats
1 to 3 Bedroom Apartments

2nd Street Flats

362 S 2nd StMemphis, TN 38103
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Forum Flats
1 to 3 Bedroom Apartments

Forum Flats

441 E Pontotoc AveMemphis, TN 38126
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Jefferson Place
1 to 2 Bedroom Apartments

Jefferson Place

560 S Jefferson PlMemphis, TN 38105
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Hope Heights Tower
Studio Apartments

Hope Heights Tower

383 Madison AveMemphis, TN 38103
Senior Living
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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
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Lowenstein
1 to 2 Bedroom Apartments

Lowenstein

66 N Main StMemphis, TN 38103
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Mid-Second, Memphis, TN Local Guide

Cheapest Available Mid-Second Apartments for Rent

 

The cheapest available apartment rental in the Mid-Second area of Memphis, TN is a Studio unit found at Indigo Riverview priced from $742. Helix at the District has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Mid-Second apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Indigo RiverviewEmoryStudio,1BA$742
Helix at the District1S1BR,1BA$750
Owens Place Townhomes1 Bed Flat1BR,1BA$760
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
Edison ParkOne Bedroom Garden SouthStudio,1BA$825
The Metropolitan and Greenlaw Place ApartmentsMetropolitan One Bedroom1BR,1BA$850
Linden Yards ApartmentsTwo Bedroom2BR,1BA$880
Exchange Building1 Bedroom Small1BR,1BA$925
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930
Fielder SquareE2 StudioStudio,1BA$942

Best Value Apartments for Rent in Mid-Second, TN

As of April 17, 2025 the best value apartment in the Mid-Second area is the $1.44 price per square foot TH1 Model at Printer's Alley Lofts in the in the Downtown Memphis neighborhood starting from $1,998. The second greatest value Mid-Second apartment is the Two Bedroom Model at Linden Yards Apartments starting at $880 with a $0.97 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for Mid-Second apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Printer's Alley LoftsTH12BR,2BA$1.44
Linden Yards ApartmentsTwo Bedroom2BR,1BA$0.97
Lofts at Merchant RowFloor Plan E1BR,1BA$1.46
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Edison ParkTwo Bedroom High-RiseStudio ,1BA$1.20
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
Forum Flats1 Bedroom One Bathroom 1-C Type B-60%1BR,1BA$1.31
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22

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Pet Friendly Lifestyle
Mid-Second, Memphis, TN

Ranked #19

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

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, 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 proximity to parks, luxury amenities, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Mid-Second Neighborhood in Memphis, TN

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

53 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Mid-Second Apartments

What is a cheap apartment in Mid-Second?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mid-Second is under $942.

What is the price of a cheap apartment in Mid-Second?

The cheapest apartment in Mid-Second is Helix at the District which is listed at $750, while the average apartment in Mid-Second costs $3,650.

What types of apartments are the cheapest in Mid-Second?

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 112 regular apartments in Mid-Second 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 Mid-Second?

Cheap apartments in Mid-Second have an average cost of $435 which is $3,215 cheaper than the average rent for all rentals in Mid-Second.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.