$1,394
1 bed1 bath742 sqftApartment
7885 Silver Spur Circle North, Memphis, TN, 38119
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$850
2 beds1 bath879 sqftApartment
160 Hayden Place, Memphis, TN, 38111
$735
2 beds1 bathApartment
1344-1346 Hyde Pk Blvd, Memphis, TN, 38108
$735
2 beds1 bathApartment
1344-1346 Hyde Pk Blvd, Memphis, TN, 38108
$700
2 beds1 bath704 sqftApartment
609-611 Mallory, Memphis, TN, 38106
$825
2 beds1.5 baths825 sqftApartment
Berclair, Memphis, TN, 38122
$825
2 beds1.5 baths825 sqftApartment
Berclair, Memphis, TN, 38122
$700
1 bed1 bath527 sqftApartment
Berclair, Memphis, TN, 38122
$1,135
3 beds1 bath984 sqftHouse
2449 Labonte Dr, Memphis, TN, 38127-3607
$1,490
3 beds1 bath1,023 sqftHouse
4497 Quince Rd, Memphis, TN, 38117-6155
$1,135
3 beds1 bath975 sqftHouse
3230 Ardmore St, Memphis, TN, 38127-6608
$990
1 bed1 bathMultiplex
925 S Cox St, Memphis, TN, 38104-5722
$840
2 beds1 bath600 sqftApartment
2107 Imogene St, Memphis, TN, 38114
$920
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
$745
2 beds1 bath750 sqftApartment
708 Hastings, Memphis, TN, 38107
$1,500
Studio1 bath550 sqftApartment
999 S. Cooper Street, Memphis, TN, 38104
$950
1 bed1 bath720 sqftCondo
1855 Poplar Woods Cir W Apt 204, Germantown, TN, 38138
$1,060
3 beds1 bath968 sqftHouse
1380 Rolling Hills Dr, Memphis, TN, 38127-6316
$1,398
2 beds2 baths1,309 sqftApartment
360 Metal Museum Drive 338-01, Memphis, TN, 38106
$935
2 beds1.5 baths1,018 sqftApartment
900 S. 4th St., Memphis, TN, 38126
$970
1 bed1 bath670 sqftApartment
109 N Main Street #1109, Memphis, TN, 38103
$750
2 beds1 bath900 sqftApartment
147 Stonewall St., 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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