$850
2 beds1 bath900 sqftCondo
2187 Court Ave #201, Memphis, TN, 38104
Rentals in Memphis, TN Under $1,500/mo
1378 Results
$595
1 bed1 bath800 sqftCondo
1111 North Parkway Unit 6, Memphis, TN, 38105
$1,150
3 beds2 baths1,360 sqftCondo
1982 Goldbrier Lane, Memphis, TN, 38134
$1,100
3 beds1 bath1,000 sqftHouse
590 Blackhawk Rd, Memphis, TN, 381093605
$995
2 beds2 baths1,120 sqftCondo
3220 S Mendenhall Rd 1a, Memphis, TN, 38115
$940
3 beds1 bath865 sqftHouse
2961 Southwall St, Memphis, TN, 381146427
$1,295
3 beds2 baths1,350 sqftHouse
2001 Waverly Ave, Memphis, TN, 38114
$1,435
3 beds1 bath1,223 sqftHouse
3827 Vanuys Rd, Memphis, TN, 381116539
$725
2 beds1 bathCondo
1446 Wells Station Rd Apt 4, Memphis, TN, 381083660
$1,490
1 bed1 bath1,212 sqftHouse
413 South Main Street 303, Memphis, TN, 38103
$865
2 beds1 bath670 sqftHouse
2655 Whitman Ave, Memphis, TN, 381122225
$839
2 beds1 bath670 sqftHouse
2659 Whitman Ave, Memphis, TN, 381122225
$695
2 beds1 bathCondo
487 Williams Avenue Unit 04, Memphis, TN, 38126
$695
2 beds1 bathCondo
487 Williams Avenue Unit 03, Memphis, TN, 38126
$600
1 bed1 bath500 sqftCondo
1572 Hanauer St Apt A, Memphis, TN, 381091542
$1,200
3 beds1 bath1,266 sqftHouse
3266 Rochester Rd, Memphis, TN, 381093220
$1,450
4 beds2 baths1,760 sqftHouse
1003 S Mclean Blvd, Memphis, TN, 381141748
$1,390
4 beds1.5 baths1,158 sqftHouse
3711 Teresa Cv, Memphis, TN, 381285228
$1,050
2 beds1 bath1,000 sqftHouse
393 Tillman St, Memphis, TN, 381123418
$825
1 bed1 bathCondo
1235 Vinton Ave Apt 3, Memphis, TN, 381040506
$1,095
3 beds1.5 baths1,200 sqftHouse
2485 Wellons Avenue, Memphis, TN, 38127
$1,150
3 beds1 bath1,527 sqftHouse
836 Maury St., Memphis, TN, 38107
$1,395
4 beds2 baths1,255 sqftHouse
2963 Lake Park Rd., Memphis, TN, 38127
$995
3 beds1 bath1,101 sqftHouse
3272 Sweet Springs Dr, Memphis, TN, 381281022
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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