$1,195
3 beds2 baths1,023 sqftHouse
4430 Tarleton Drive, Memphis, TN, 38128
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$1,125
3 beds1.5 baths1,239 sqftHouse
4023 Haliburton Street, Memphis, TN, 38128
$997
2 beds1.5 baths1,354 sqftCondo
978 University Street, Memphis, TN, 38107
$885
2 beds1 bath792 sqftHouse
2061 Pendleton Street, Memphis, TN, 38114
$1,495
3 beds2 baths1,350 sqftHouse
4036 Sunset Lake Lane, Memphis, TN, 38135
$1,395
3 beds2 baths1,628 sqftHouse
3717 Briar Rose Road, Memphis, TN, 38111
$1,495
3 beds1 bath1,054 sqftHouse
1704 South Perkins Road, Memphis, TN, 38117
$1,075
3 beds2 baths825 sqftHouse
1378 Eloise Road, Memphis, TN, 38106
$995
3 beds2 baths1,001 sqftHouse
4099 Mountain Terrace Street, Memphis, TN, 38127
$1,425
4 beds2 baths1,794 sqftHouse
5168 Neely Road, Memphis, TN, 38109
$725
1 bed1 bath545 sqftCondo
3257 Macon Rd, Memphis, TN, 38122
$800
2 beds1 bath817 sqftCondo
4481 Sumners Wells Road, Memphis, TN, 38118
$1,000
3 beds1 bath875 sqftHouse
969 Joel Avenue, Memphis, TN, 38127
$850
2 beds1 bath688 sqftCondo
3050 Sinclair Street, Memphis, TN, 38127
$895
2 beds1 bath893 sqftCondo
1684 Whitney Avenue, Memphis, TN, 38127
$900
3 beds2 baths1,152 sqftCondo
3220 Ashwood Street, Memphis, TN, 38118
$1,025
2 beds1 bath975 sqftHouse
2605 Whitman Avenue, Memphis, TN, 38112
$995
3 beds1 bath1,057 sqftHouse
3259 Cypress Road, Memphis, TN, 38128
$1,095
3 beds1 bath832 sqftHouse
4277 Falcon Cv, Memphis, TN, 381095110
$1,095
3 beds1 bath739 sqftHouse
1242 Airways Blvd, Memphis, TN, 381142351
$1,195
4 beds1.5 baths1,172 sqftHouse
3286 Egypt Central Rd, Memphis, TN, 381281748
$729
2 beds1 bath809 sqftCondo
2883 Coach Dr Apt 3, Memphis, TN, 381285638
$1,295
3 beds2 bathsHouse
1348 Austin Street, Memphis, TN, 38108
$675
2 beds1 bathHouse
482 E McLemore Ave. Unit 4, Memphis, TN, 38106
Showing 24 of 1,378 results
Showing 24 of 1,378 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 1,365 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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