$1,470
3 beds2 baths1,471 sqftHouse
2835 Toehill Cv, Memphis, TN, 38128-5955
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$1,495
3 beds2 baths1,320 sqftHouse
8579 Napoli Drive, Cordova, TN, 38018-1400
$1,290
3 beds1.5 baths1,208 sqftHouse
3718 Wordsworth Ave, Memphis, TN, 38128-2030
$920
2 beds1 bath774 sqftApartment
2059 North Cabana Circle, Memphis, TN, 38107
$709
1 bed1 bath615 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
$709
2 beds1 bath774 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
$709
2 beds1 bath774 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
$709
2 beds1 bath774 sqftApartment
2059 North Cabana Circle, Memphis, TN, 38107
$1,350
3 beds2 baths1,379 sqftHouse
3734 Kearney, Memphis, TN, 38111
$995
2 beds1 bath950 sqftApartment
306 S. Cleveland Street, Memphis, TN, 38104
$950
3 beds2 baths1,652 sqftHouse
1882 E Person Ave., Memphis, TN, 38114
$795
Studio1 bath850 sqftApartment
1969-1973 Poplar Ave, Memphis, TN, 38104
$799
1 bed1 bathApartment
1772 - 1776 Madison Avenue, Memphis, TN, 38104
$1,095
Studio1 bath500 sqftCondo
109 N. Main Street unit 1004, Memphis, TN, 38103
$995
2 beds1.5 baths763 sqftApartment
1571 Galloway Avenue, Memphis, TN, 38112
$1,150
2 beds2 baths1,100 sqftApartment
6977 Amberly Village Dr, Cordova, TN, 38018
$1,100
3 beds2 baths1,300 sqftHouse
1947 N Clovia Lane, Memphis, TN, 38114
$725
1 bed1 bathApartment
1626 Monroe, Memphis, TN, 38104
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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