$995
2 beds1.5 baths1,054 sqftTownhome
3450 Spottswood Avenue, Memphis, TN, 38111
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$995
2 beds1.5 baths1,054 sqftTownhome
695 Miles Drive, Memphis, TN, 38111
$995
2 beds1.5 baths1,054 sqftTownhome
684 Hobbs Drive, Memphis, TN, 38111
$825
1 bed1 bath693 sqftApartment
1202/1204 Tutwiler Ave, Memphis, TN, 38107
$950
1 bed1 bath734 sqftTownhome
6772 Quail Hollow Court, Memphis, TN, 38120
$1,190
3 beds1 bath1,021 sqftHouse
630 Mohawk Ave, Memphis, TN, 38109-5149
$725
2 beds1 bath719 sqftApartment
839 Pearce St., Memphis, TN, 38107
$1,100
3 beds1 bath1,150 sqftHouse
432 N Montgomery Unit - A, Memphis, TN, 38104
$1,195
2 beds1 bath924 sqftHouse
129 South Holmes Street, Memphis, TN, 38111
$970
2 beds1.5 baths839 sqftApartment
770-850 Barlett Rd, Memphis, TN, 38122-3010
$950
Studio1 bath550 sqftApartment
999 S. Cooper Street, Memphis, TN, 38104
$1,235
2 beds2 baths1,500 sqftApartment
5140 WHEELIS DR, Memphis, TN, 38117
$1,500
3 beds2 baths1,880 sqftHouse
4178 Lansford Dr, Memphis, TN, 38128
$1,495
3 beds2 baths1,288 sqftHouse
1411 Charles Bryan Rd., Cordova, TN, 38018
$650
1 bed1 bathApartment
322 Hodges St., Memphis, TN, 38111
$775
2 beds1 bath750 sqftApartment
1594-1636 E Holmes Rd, Memphis, TN, 38116-8465
$695
2 beds1 bath752 sqftApartment
952 Emmie St., Memphis, TN, 38114
$795
2 beds1 bath733 sqftApartment
2562 Quail Ave., Memphis, TN, 38112
$875
2 beds1.5 baths1,052 sqftApartment
3414 Carnes Ave., Memphis, TN, 38111
$775
2 beds1 bathApartment
322 Hodges St., Memphis, TN, 38111
$1,395
3 beds2 baths1,487 sqftHouse
4757 Northfield Circle, Memphis, TN, 38128
$1,100
2 beds1 bathApartment
1736 Edward Ave, Memphis, TN, 38107
$1,100
2 beds1 bathApartment
1736 Edward Ave, Memphis, TN, 38107
$950
1 bed1 bath817 sqftCondo
6687-3 Whispering Oak Place, Memphis, TN, 38120
Showing 24 of 1,382 results
Showing 24 of 1,382 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 1,369 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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