$1,495
3 beds2 baths1,688 sqftHouse
2993 Laurencekirk Rd, Memphis, TN, 381285129
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$1,495
3 beds2 baths1,166 sqftHouse
6902 Century Oaks Dr., Cordova, TN, 38018
$1,450
3 beds2 baths1,201 sqftHouse
3831 Hermitage Drive, Memphis, TN, 38116
$1,375
3 beds2 baths1,524 sqftHouse
3662 Twinmont Cv, Memphis, TN, 38128
$1,195
3 beds2 baths1,151 sqftCondo
6519 Birkenhead Rd, Memphis, TN, 38134
$695
1 bed1 bathCondo
981 N Seventh, Memphs, TN, 38107
$1,395
3 beds2 baths1,134 sqftHouse
7242 Rose Trail Dr, Memphis, TN, 38133
$1,150
3 beds1.5 baths1,184 sqftHouse
5185 Long Branch Dr, Memphis, TN, 38109
$995
3 beds2 baths1,421 sqftTownhome
4766 James Kent Ct, Memphis, TN, 38118
$1,050
3 beds1 bath980 sqftHouse
4083 Grantham Drive, Memphis, TN, 38109
$1,095
3 beds1.5 baths1,452 sqftHouse
3252 Christine Rd, Memphis, TN, 38118
$1,050
3 beds1.5 baths1,281 sqftHouse
3161 Gilmore Rd, Memphis, TN, 38109
$1,295
3 beds1 bath1,275 sqftHouse
3023 Clearbrook St, Memphis, TN, 38118
$775
1 bed1 bath1,012 sqftCondo
1277 Carr Ave Unit 2, Memphis, TN, 38104
$1,195
3 beds2 baths1,083 sqftHouse
6415 Ashton Rd, Memphis, TN, 38134
$1,125
4 beds2 baths2,000 sqftHouse
1817 Baldwin Ave, Memphis, TN, 381273913
$835
2 beds1 bath744 sqftHouse
1300 Robinhood Ln, Memphis, TN, 38111
$795
2 beds1 bath866 sqftHouse
4442 Arnold Cv, Memphis, TN, 381186824
$1,000
1 bed1 bath670 sqftHouse
2277 Union Ave Apt 505, Memphis, TN, 381044328
$1,295
3 beds2 baths1,272 sqftHouse
3760 Saint Elmo Ave, Memphis, TN, 381282150
$1,125
3 beds1.5 baths1,144 sqftHouse
2412 Gentry Avenue, Memphis, TN, 38108
$1,295
4 beds2 bathsHouse
2967 Forest Ave., Memphis, TN, 38112
$695
1 bed1 bathHouse
525 N. Waldran Blvd. Unit 4, Memphis, TN, 38105
$795
2 beds2 baths958 sqftHouse
1596 Pennsylvania St, Memphis, TN, 38109
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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