$1,450
3 beds2 baths1,144 sqftHouse
4269 Appian Dr, Memphis, TN, 381281494
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$1,390
2 beds1 bath915 sqftHouse
129 Talbot Avenue 103, Memphis, TN, 38103
$795
3 beds1 bath916 sqftHouse
815 Carol Anne Cv, Memphis, TN, 38127
$1,050
3 beds1.5 baths1,147 sqftHouse
4166 Hobson Rd, Memphis, TN, 38128
$1,200
3 beds2 baths1,080 sqftHouse
1056 Patton St, Memphis, TN, 381062112
$1,075
4 beds2 baths1,074 sqftHouse
4776 Scottsdale Ave, Memphis, TN, 381184341
$695
1 bed1 bath615 sqftHouse
2317 East Warren Street, Memphis, TN, 38106
$1,095
3 beds1 bath864 sqftHouse
86 W Dempster Ave, Memphis, TN, 381092237
$800
2 beds1 bathCondo
1515 Madison Avenue Unit 02, Memphis, TN, 38104
$1,250
4 beds2 baths1,403 sqftHouse
1060 Salem St, Memphis, TN, 38122
$1,125
3 beds2 baths1,420 sqftHouse
1663 Humber Street, Memphis, TN, 38106
$995
3 beds1 bath1,204 sqftHouse
663 Lucy Ave, Memphis, TN, 381063121
$1,250
2 beds1.5 baths1,008 sqftHouse
7004 Wesley Ct., Memphis, TN, 38119
$750
3 beds1 bath900 sqftHouse
3240 Madewell Dr, Memphis, TN, 381276250
$1,350
3 beds1.5 baths1,400 sqftHouse
1699 Frayser Blvd, Memphis, TN, 38127
$965
2 beds1 bath800 sqftHouse
3982 Overton Crossing St, Memphis, TN, 38127
$1,335
3 beds1 bath1,464 sqftHouse
893 Linwood Rd, Memphis, TN, 381167030
$1,035
3 beds1 bath999 sqftHouse
745 Harahan Rd, Memphis, TN, 381093158
$915
2 beds1 bath813 sqftHouse
1131 Catalina Road, Memphis, TN, 38111
$1,195
3 beds2 baths1,488 sqftHouse
2964 S Perkins Rd, Memphis, TN, 38118
$495
2 beds2 baths555 sqftHouse
2362 Golden Ave, Memphis, TN, 38108
$950
3 beds2 baths1,008 sqftHouse
1545 Patton St, Memphis, TN, 38106
$850
2 beds1.5 baths800 sqftCondo
3563 Rockwood Avenue Main, Memphis, TN, 38122
$1,375
3 beds2 baths1,301 sqftHouse
2966 Watson Street, Memphis, TN, 38118
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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