Cheap Homes for Rent in South Main Neighborhood of Memphis, TN from $1,300 (7 Rentals)

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property at 92 S Main St

92 S Main St

MemphisTN38103

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.

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
Uptown Square Apartments1 Bedroom - Urban1BR,1BA$930

Best Value Apartments for Rent in South Main, TN

As of April 21, 2025 the best value apartment in the South Main 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 South Main apartment is the B5 Model at Number 10 Main Street Apartments starting at $2,031 with a $1.54 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.
Printer's Alley LoftsTH12BR,2BA$1.44
Number 10 Main Street ApartmentsB52BR,2BA$1.54
Pressbox LoftsFolio + Loft2BR,2BA$1.47
44 S. Front1 Bedroom 1.5 Bath1BR,1.5BA$1.56
Museum LoftsThe Delta1BR,1BA$1.44
The WashburnA41BR,1BA$1.24
Lofts at Merchant RowFloor Plan E1BR,1BA$1.59
Owens Place Townhomes1 Bed Flat1BR,1BA$1.10
Uptown Square Apartments2 Bedroom - Elvis Building2BR,1BA$1.45
280 Vance Flats1 Bedroom 1 Bath Unit 1A (ADA)1BR,1BA$1.44

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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 $7,249. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Main ranging from $1,375 to $4,149.

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 $1,375 to $4,149 with an average monthly rent of $2,742.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.