$615
2 beds1 bath744 sqftCondo
3780 Norris Avenue, Memphis, TN, 38111
Rentals in Memphis, TN Under $1,500/mo
1382 Results
$1,050
2 beds1.5 baths10,177 sqftCondo
3368 Eastport Cove, Memphis, TN, 38118
$1,500
3 beds2 baths1,495 sqftHouse
3533 Meyers Road, Memphis, TN, 38108
$1,135
2 beds1 bathHouse
4010 Rhodes Ave, Memphis, TN, 38111
$950
3 beds1 bath874 sqftHouse
4422 Suncrest Drive, Memphis, TN, 38127
$975
3 beds1 bath839 sqftHouse
4392 Ryan Street, Memphis, TN, 38127
$1,375
3 beds2 bathsHouse
1264 Darlow St., Memphis, TN, 38122
$1,125
3 beds1 bath1,034 sqftHouse
4719 Lynn Ave, Memphis, TN, 38122
$1,495
2 beds1 bath827 sqftHouse
594 South Graham Street, Memphis, TN, 38111
$860
2 beds1 bath883 sqftCondo
640 Safari Dr, Memphis, TN, 38111
$850
2 beds1 bath856 sqftCondo
3192 Coleman Ave, Memphis, TN, 38112
$795
2 beds2 baths1,000 sqftTownhome
3245 Thirteen Colony Mall #1A, Memphis, TN, 38115
$1,495
3 beds2 baths1,696 sqftHouse
2705 Bay Pointe Cir N, Memphis, TN, 38128
$1,250
3 beds1.5 baths1,510 sqftHouse
4230 Fortner Dr, Memphis, TN, 38128
$1,050
4 beds1 bathHouse
693 Bonwood Ave, Memphis, TN, 38109
$1,295
3 beds2 baths1,069 sqftHouse
3645 W Sutton Dr, Memphis, TN, 38127
$1,050
3 beds1 bath2,355 sqftHouse
1568 Frayser Blvd, Memphis, TN, 381275432
$1,390
3 beds2.5 baths1,679 sqftHouse
5223 Roseside Cv, Memphis, TN, 381185511
$975
1 bed1 bath987 sqftCondo
1756 Lawrence Avenue Apt B, Memphis, TN, 38112
$1,000
3 beds1 bath957 sqftHouse
3606 Pryor Street, Memphis, TN, 38127
$995
2 beds2.5 baths1,371 sqftHouse
5560 Blossom Ln, Memphis, TN, 381154878
$1,195
4 beds1 bath1,056 sqftHouse
535 Gilleas Rd, Memphis, TN, 381093103
$1,150
3 beds1.5 baths1,064 sqftHouse
331 Barkwood Dr, Memphis, TN, 381096745
$1,300
3 beds1 bath918 sqftHouse
4073 Cottonwood Rd, Memphis, TN, 381182170
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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