$1,050
3 beds1 bath1,099 sqftHouse
3916 Tessland Road, Memphis, TN, 38128
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$850
3 beds1 bath1,407 sqftTownhome
2151 Berkeley Ave, Memphis, TN, 38108
$1,390
4 beds1.5 baths1,239 sqftHouse
4413 Howardcrest Dr, Memphis, TN, 381281730
$1,190
3 beds2 baths1,252 sqftHouse
1857 S Perkins Rd, Memphis, TN, 381177430
$1,395
4 beds2 baths1,222 sqftHouse
3292 Denver St, Memphis, TN, 38127
$1,100
3 beds1 bath867 sqftHouse
4498 Suncrest Drive, Memphis, TN, 38127
$1,250
3 beds1 bath1,205 sqftHouse
3840 McCain Road, Memphis, TN, 38109
$1,150
3 beds1 bath1,039 sqftHouse
866 Homer St, Memphis, TN, 381223425
$895
2 beds1 bath955 sqftHouse
3472 Hadley Rd, Memphis, TN, 38111
$1,495
3 beds2 baths1,000 sqftHouse
764 Alma Street, Memphis, TN, 38107
$890
Studio1 bath503 sqftCondo
1162 Peabody Avenue 104, Memphis, TN, 38104
$995
3 beds1 bath1,075 sqftHouse
1583 E. Dianne Cir., Memphis, TN, 38114
$1,200
2 beds2 baths983 sqftHouse
2240 Curbertson St, Bartlett, TN, 381345693
$1,200
2 beds2 baths1,012 sqftHouse
2204 Curbertson Cv, Memphis, TN, 381345756
$895
2 beds1 bath770 sqftHouse
2775 Waverly Ave, Memphis, TN, 381142680
$1,050
3 beds1 bath1,317 sqftHouse
617 Benham Ave, Memphis, TN, 381278949
$950
3 beds2.5 baths1,479 sqftCondo
3874 Jasmine Dr, Memphis, TN, 381155935
$895
2 beds1 bath770 sqftHouse
2773 Waverly Ave, Memphis, TN, 381142680
$950
3 beds1 bath1,224 sqftHouse
725 N Hollywood St, Memphis, TN, 381121852
$799
2 beds1 bath846 sqftCondo
1500 Rayner St, Memphis, TN, 381065024
$1,395
4 beds2 baths1,234 sqftHouse
3791 Black Forest Drive, Memphis, TN, 38128
$975
2 beds1 bath976 sqftCondo
44 North Holmes Street, Memphis, TN, 38111
$795
1 bed1 bath700 sqftCondo
5352 Stage Rd Apt 3, Bartlett, TN, 381348544
$1,075
3 beds1 bath1,060 sqftHouse
1623 Carpenter St, Memphis, TN, 381081710
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.
Other Resources for Memphis, TN Renters
How to Rent an Apartment: Total Step-by-Step Guide
Read more
What Do Apartments Look For in Background Checks?
Read more
Locked Out of Your Apartment? Here’s What to Do
Read more
How to Find Private Landlords as a Renter
Read more
How to Write an Apartment Address: USPS Format and Examples
Read more
10 Cheapest States to Live In Right Now
Read more
What Is a Guarantor for an Apartment? A Renter’s Guide
Read more
States with the Lowest Rent: Where to Rent for Less
Read more
Getting a Cosigner for an Apartment: Everything Renters Need to Know
Read more
What Is Tandem Parking? A Renter’s Guide to Car Storage
Read more
Do Apartments Come Furnished? What to Know as a Renter
Read more