$1,395
4 beds2 baths2,196 sqftHouse
2452 Debby Dr, Memphis, TN, 38127
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$895
2 beds1 bathCondo
3969 Southlawn Ave Unit 02, Memphis, TN, 38111
$1,250
3 beds1 bath938 sqftHouse
3111 Harvester Ln, Memphis, TN, 38127
$1,095
3 beds2 baths1,142 sqftTownhome
3899 Kerwin Dr, Memphis, TN, 38128
$1,350
3 beds1.5 baths1,394 sqftHouse
4806 Violet Ave, Memphis, TN, 38122
$950
2 beds1 bath869 sqftCondo
83 Eastview Dr, Memphis, TN, 38111
$1,150
3 beds2 baths1,602 sqftHouse
1225 Berclair Dr, Memphis, TN, 38122
$1,350
3 beds2 baths1,208 sqftHouse
2618 Walnut Rd, Memphis, TN, 38128
$1,135
3 beds1.5 baths1,091 sqftHouse
3489 Overton Crossing St, Memphis, TN, 381275707
$1,445
2 beds1 bath1,334 sqftHouse
2950 Midland Ave, Memphis, TN, 381112332
$850
2 beds1 bath815 sqftCondo
3642 Rhea Ave, Memphis, TN, 381223448
$1,350
4 beds2 baths1,276 sqftHouse
3133 Benjestown Rd, Memphis, TN, 381271401
$850
2 beds1 bath815 sqftCondo
3646 Rhea Ave, Memphis, TN, 381223448
$700
2 beds1 bathHouse
660 Jennette Pl. 1, Memphis, TN, 38126
$1,199
2 beds1 bath1,196 sqftHouse
2032 Hallwood Dr., Memphis, TN, 38107
$795
2 beds1 bath801 sqftCondo
659 Mcconnell St, Memphis, TN, 381121821
$1,475
3 beds1 bath1,435 sqftHouse
3800 Vanuys Rd, Memphis, TN, 381116540
$1,300
3 beds1.5 baths1,441 sqftCondo
1579 Haywood Avenue, Memphis, TN, 38127
$1,000
3 beds1 bath1,200 sqftHouse
540 Harahan Road, Memphis, TN, 38109
$749
1 bed1 bath575 sqftCondo
574 N 4th St 3, Memphis, TN, 38105
$749
1 bed1 bath575 sqftCondo
574 N 4th St 2, Memphis, TN, 38105
$849
1 bed1 bath575 sqftCondo
574 N 4th St 1, Memphis, TN, 38105
$1,390
1 bed1 bath779 sqftCondo
156 GE Patterson Ave 203, Memphis, TN, 38103
$1,095
3 beds1 bath975 sqftHouse
1217 Will Scarlet Rd, Memphis, TN, 38111
Showing 24 of 1,382 results
Showing 24 of 1,382 results
Load moreWhat to Know Before Renting Under $1,500 in Memphis, TN
Rentals under $1,500 per month cover a wide share of Memphis inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Memphis.
Browse Memphis Rentals by Bedroom Count
Rentals Under $1,500 Near Memphis, TN
Frequently Asked Questions About Rentals Under $1,500 in Memphis, TN
Rentler currently shows 1,369 rentals in Memphis priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.
At the under $1,500 price point in Memphis, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.
These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.
Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.
Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.
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