$1,450
3 beds2 baths1,459 sqftHouse
3819 Grey Road, Memphis, TN, 38108
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$1,475
3 beds2 baths1,250 sqftHouse
2502 East Tyler Avenue, West Memphis, AR, 72301
$950
1 bed1 bath909 sqftCondo
1762 Lawrence Avenue Unit UW, Memphis, TN, 38112
$1,100
2 beds1 bath864 sqftHouse
3544 Marion Avenue, Memphis, TN, 38111
$1,400
4 beds2 baths1,311 sqftHouse
3238 Haraway Street, Memphis, TN, 38118
$1,250
3 beds1 bath1,190 sqftHouse
3850 Vernon Avenue, Memphis, TN, 38122
$1,050
3 beds1 bath1,025 sqftHouse
2203 Pamela Drive, Memphis, TN, 38127
$1,050
3 beds1 bath923 sqftHouse
3932 December Street, Memphis, TN, 38109
$695
2 beds1 bath625 sqftCondo
832 Whitford Pl, Memphis, TN, 381063223
$850
2 beds1 bath1,055 sqftHouse
751 E Davant Ave, Memphis, TN, 381067555
$1,100
4 beds2 baths1,663 sqftHouse
3614 Kensett Dr, Memphis, TN, 381275645
$1,175
3 beds1 bath1,304 sqftHouse
1473 Oberle Avenue, Memphis, TN, 38127
$1,190
3 beds2 baths1,075 sqftHouse
1304 Oak St, Memphis, TN, 38106
$1,295
3 beds1.5 baths1,235 sqftHouse
5181 Cana Rd, Memphis, TN, 381096017
$1,200
2 beds1.5 bathsHouse
974 East Person Avenue, Memphis, TN, 38106
$1,075
3 beds1 bath1,199 sqftHouse
4217 Windermere Drive, Memphis, TN, 38128
$1,195
2 beds2.5 baths1,536 sqftHouse
3709 Deer Forest Drive New, Memphis, TN, 38115
$1,110
3 beds2 baths1,050 sqftHouse
2108 Curry Ave, Memphis, TN, 381081317
$1,135
3 beds1 bath876 sqftHouse
4920 Shayne Cv, Memphis, TN, 381096814
$1,375
3 beds1 bath1,005 sqftHouse
1869 Sea Isle Road, Memphis, TN, 38117
$1,195
3 beds2 baths966 sqftHouse
253 Silverage Ave, Memphis, TN, 381091854
$1,495
3 beds2.5 baths1,405 sqftHouse
4866 Royal Run Dr, Memphis, TN, 381281569
$935
1 bed1 bath669 sqftHouse
155 North Auburndale Street, Memphis, TN, 38104
$895
1 bed1 bath850 sqftCondo
1779 Madison Ave Apt 40 Unit 40, Memphis, TN, 381042675
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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