$850
2 beds1 bath825 sqftHouse
1633 Orr St., Memphis, TN, 38108
Rentals in Memphis, TN Under $1,500/mo
1379 Results
$1,095
3 beds1 bath950 sqftHouse
4088 Montana St., Memphis, TN, 38109
$990
1 bed1 bath650 sqftCondo
1162 Peabody Avenue 303, Memphis, TN, 38104
$1,125
3 beds1.5 baths1,303 sqftHouse
3931 Bishops Bridge Rd, Memphis, TN, 381185761
$995
2 beds1 bath816 sqftHouse
3551 Pearson Rd, Memphis, TN, 381181636
$1,195
3 beds1 bath1,204 sqftHouse
1043 Philadelphia St, Memphis, TN, 381045828
$1,395
3 beds2 baths1,271 sqftHouse
6487 Glastonburg Lane, Memphis, TN, 38134
$1,265
3 beds1 bath1,200 sqftHouse
5068 Dianne Dr, Memphis, TN, 381168504
$1,320
3 beds1.5 baths1,032 sqftHouse
3608 Cane Ridge Dr, Memphis, TN, 381093932
$1,000
3 beds1 bath966 sqftHouse
3214 Mario St, Memphis, TN, 38127
$1,290
3 beds3 baths1,308 sqftHouse
2785 W Hickory Bluff, Memphis, TN, 38128
$935
1 bed1 bath825 sqftHouse
2188 Jackson Ave, Memphis, TN, 381121616
$1,150
2 beds1 bath835 sqftHouse
794 Shotwell St, Memphis, TN, 381117536
$1,250
3 beds1.5 baths1,121 sqftTownhome
4403 Jamaica Ave, Memphis, TN, 38117
$1,125
3 beds1.5 baths1,148 sqftHouse
3919 Tessland Rd., Memphis, TN, 38128
$1,290
1 bed1 bath646 sqftHouse
66 Monroe Avenue 801, Memphis, TN, 38103
$1,199
4 beds1 bath100 sqftHouse
3263 Sweet Springs Dr, Memphis, TN, 38128
$1,295
4 beds2 baths1,228 sqftHouse
3779 Black Forest Dr, Memphis, TN, 381282805
$1,200
3 beds1 bath1,100 sqftHouse
1117 Goodman Street, Memphis, TN, 38111
$1,300
3 beds2 baths2,002 sqftHouse
4454 Deerland St, Memphis, TN, 381095654
$1,395
4 beds2 baths2,061 sqftHouse
4013 Martindale Ave, Memphis, TN, 381283105
$950
3 beds1 bath916 sqftHouse
1624 Carpenter St, Memphis, TN, 381081709
$1,250
3 beds2 baths1,032 sqftHouse
5660 Pathway Cir, Memphis, TN, 38115
$1,250
1 bed1 bath640 sqftApartment
281 N Montgomery St 101, Memphis, TN, 38104
Showing 24 of 1,379 results
Showing 24 of 1,379 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 1,366 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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