$1,100
3 beds1 bath1,085 sqftHouse
4210 Kerwin Drive, Memphis, TN, 38128
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$995
2 beds1 bath900 sqftHouse
948 Kelly Cir E, Memphis, TN, 38111
$1,050
2 beds1 bath1,000 sqftCondo
3238 Walnut Grove Rd, Memphis, TN, 38111
$850
1 bed1 bathCondo
3448 Carrington Rd, Memphis, TN, 381114104
$1,295
3 beds2 baths1,685 sqftHouse
1317 Royal Oaks Cove, Memphis, TN, 38116
$1,095
4 beds1.5 baths1,314 sqftHouse
2054 Benford St, Memphis, TN, 38109
$1,100
2 beds2 baths1,100 sqftHouse
4722 Queens Lace Ct, Memphis, TN, 38118
$850
2 beds1 bath900 sqftCondo
3392 Barron Ave, Memphis, TN, 381113936
$1,200
4 beds2 bathsHouse
462 Fernhill Cv, Memphis, TN, 381272625
$1,300
4 beds2 baths1,517 sqftHouse
1455 Wabash Ave, Memphis, TN, 381066041
$999
Studio1 bath750 sqftCondo
2234 Madison Avenue Apt 301, Memphis, TN, 38104
$995
3 beds1 bath984 sqftHouse
3545 Debby Dr, Memphis, TN, 381275834
$995
2 beds1 bath872 sqftHouse
3614 Mary Cv, Memphis, TN, 381115206
$895
2 beds1 bath875 sqftCondo
639 Mississippi Boulevard 4, Memphis, TN, 38126
$895
2 beds1 bath875 sqftCondo
639 Mississippi Boulevard 1, Memphis, TN, 38126
$895
2 beds1 bath875 sqftCondo
639 Mississippi Boulevard 3, Memphis, TN, 38126
$975
2 beds1 bath875 sqftCondo
639 Mississippi Boulevard 2, Memphis, TN, 38126
$1,060
3 beds1 bath968 sqftHouse
1380 Rolling Hills Dr, Memphis, TN, 381276316
$1,095
3 beds1.5 baths1,277 sqftHouse
1688 Haywood Ave, Memphis, TN, 381275502
$685
1 bed1 bath408 sqftCondo
3049 Juca Lane 3049JUL, Memphis, TN, 38116
$1,195
3 beds1 bath1,078 sqftHouse
4956 Durbin Ave, Memphis, TN, 381224344
$975
2 beds1.5 baths1,250 sqftHouse
3528 Bowen, Memphis, TN, 38122
$995
3 beds1 bath1,037 sqftHouse
2237 Gayle Avenue, Memphis, TN, 38127
$1,095
3 beds1 bath1,202 sqftHouse
1185 Wright Rd, Memphis, TN, 381221629
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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