$1,035
2 beds2 baths1,050 sqftHouse
3385 Barbwood Dr, Memphis, TN, 381185113
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$995
3 beds1 bath849 sqftHouse
220 Vernelle Ave, Memphis, TN, 381093730
$1,195
3 beds1 bath1,071 sqftHouse
3909 Range Line Rd, Memphis, TN, 381274746
$1,275
3 beds1 bath1,200 sqftHouse
3209 Choctaw Ave, Memphis, TN, 381113136
$1,300
3 beds2 baths1,185 sqftHouse
288 W Brooks Rd, Memphis, TN, 381092702
$945
2 beds1 bathHouse
1072 S Willett St, Memphis, TN, 381141845
$685
1 bed1 bath408 sqftCondo
3031 Juca Lane 3031JUL, Memphis, TN, 38116
$650
1 bed1 bath644 sqftHouse
331 W Dison Ave, Memphis, TN, 38109
$775
2 beds1 bath675 sqftCondo
1493 Gaither St Apt 4, Memphis, TN, 381065748
$775
1 bed1 bath528 sqftHouse
1696 Gaither St, Memphis, TN, 381066512
$950
3 beds1 bath981 sqftHouse
707 Mohawk Avenue, Memphis, TN, 38109
$1,295
3 beds1 bath1,479 sqftHouse
880 N Watkins St, Memphis, TN, 381074451
$895
2 beds1 bath847 sqftCondo
2093 Jefferson Ave Apt 3, Memphis, TN, 381042869
$625
1 bed1 bath600 sqftCondo
1353 Fairfax St, Memphis, TN, 38108
$995
3 beds2 baths1,199 sqftHouse
753 Lipford St, Memphis, TN, 381122329
$1,350
4 beds2 baths1,646 sqftHouse
605 Houston St., Memphis, TN, 38111
$990
3 beds1 bath1,100 sqftHouse
2771 Northmeade Ave, Memphis, TN, 38127
$1,495
3 beds1.5 baths1,220 sqftHouse
1188 Garden Rd, Memphis, TN, 381347695
$995
2 beds1 bath751 sqftHouse
1580 Hugenot St, Memphis, TN, 381143860
$598
1 bed1 bath390 sqftHouse
259 Maryland Ave Apt 3, Memphis, TN, 381265003
$950
4 beds1 bath1,057 sqftHouse
401 N Manassas St, Memphis, TN, 38105
$1,050
3 beds1 bathCondo
743 Shotwell St Unit 1, Memphis, TN, 38111
$850
2 beds1 bath600 sqftHouse
2103-2107 Imogene St Unit 11, Memphis, TN, 38114
$895
2 beds1 bath968 sqftCondo
1365 Garden Rd, Memphis, TN, 38134
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.
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