$950
Studio1 bath550 sqftApartment
999 S. Cooper Street, Memphis, TN, 38104
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$995
1 bed1 bath612 sqftApartment
3440 Southern Ave, Memphis, TN, 38111
$695
1 bed1 bathCondo
525 N. Waldran Blvd. Unit #4, Memphis, TN, 38105
$1,375
3 beds1.5 baths1,202 sqftHouse
909 N Willett, Memphis, TN, 38107
$899
1 bed1 bath715 sqftApartment
1306 Carr Ave, Memphis, TN, 38104
$849
1 bed1 bath650 sqftApartment
1306 Carr Ave, Memphis, TN, 38104
$1,450
3 beds2 baths1,098 sqftHouse
287 Harrell St, Memphis, TN, 38112
$970
2 beds1.5 baths839 sqftApartment
770-850 Barlett Rd, Memphis, TN, 38122-3010
$650
1 bed1 bath850 sqftApartment
1229 Vinton Ave., Memphis, TN, 38104
$1,165
3 beds1 bath990 sqftHouse
1950 Corning Ave, Memphis, TN, 38127-4406
$1,275
3 beds1 bath950 sqftHouse
2136 Pamela Dr., Memphis, TN, 38127
$1,500
3 beds2 baths1,499 sqftHouse
5467 Derron Ave., Memphis, TN, 38115
$975
3 beds1 bath1,068 sqftHouse
2189 Pueblo Ave, Memphis, TN, 38127-5723
$775
2 beds1 bath750 sqftApartment
1594-1636 E Holmes Rd, Memphis, TN, 38116-8465
$1,384
1 bed1 bath735 sqftApartment
7885 Silver Spur Circle North, Memphis, TN, 38119
$1,329
1 bed1 bath618 sqftApartment
7885 Silver Spur Circle North, Memphis, TN, 38119
$820
1 bed1 bath664 sqftApartment
2059 North Cabana Circle, Memphis, TN, 38107
$709
2 beds1 bath774 sqftApartment
2059 North Cabana Circle, Memphis, TN, 38107
$709
2 beds1 bath774 sqftApartment
2059 North Cabana Circle, Memphis, TN, 38107
$550
1 bed1 bathApartment
304 Scott St., Memphis, TN, 38112
$795
2 beds1 bath875 sqftApartment
3636-3646 Spottswood Ave., Memphis, TN, 38111
$1,150
2 beds2 baths1,100 sqftApartment
6977 Amberly Village Dr, Cordova, TN, 38018
$1,150
2 beds2 baths1,100 sqftApartment
6977 Amberly Village Dr, Cordova, TN, 38018
$899
Studio1 bath430 sqftApartment
1030 Poplar Avenue, Memphis, TN, 38105
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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