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$927 - $2,893Studio to 3 Bedroom Apartments Available Now
The Chisca
272 S Main StMemphis, TN 38103
Top Rated Apartments for Rent in Memphis, TN Under $1,500 (123 Rentals) Page 2 of 3
Apartments in Memphis with the best features, newest construction, and richest amenities.
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Rent Specials
$925 - $975Studio Apartments Available Now
The Flats @ Cooper Young
999 S Cooper StMemphis, TN 38104
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$910 - $2,1001 to 4 Bedroom Apartments Available Now
Timberline Flats
640 Rouge Bluff RdMemphis, TN 38127
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$897 - $8,4481 to 3 Bedroom Apartments Available Now
The Franklin
7991 Capilano DrMemphis, TN 38125
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$862 - $1,3871 to 2 Bedroom Apartments Available Now
The Brooklyn Memphis
3094 Autumnwood AveMemphis, TN 38115
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$849 - $1,400Studio to 2 Bedroom Apartments Available Now
Bonsai at Central Gardens
1387 Central AveMemphis, TN 38104
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$836 - $1,3841 to 2 Bedroom Apartments Available Now
The Bowery
6332 Village Grove DrMemphis, TN 38115
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$660 - $8801 to 3 Bedroom Apartments Available Now
Renaissance at Steele
1441 Renaissance DrMemphis, TN 38127
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$634 - $1,123Studio to 2 Bedroom Apartments Available Now
The Pulse Apartments
57 N Somerville StMemphis, TN 38104
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$599 - $1,409Studio to 4 Bedroom Apartments Available Now
Yugo Memphis Southern
3595-3655 Southern AveMemphis, TN 38111
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$1,258 - $4,1221 to 3 Bedroom Apartments Available Now
Bristol On Union Apartment Homes
205 Pasadena PlMemphis, TN 38104
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$1,150 - $1,4501 Bedroom Apartments Available Now
Urban Loft Co. Memphis- Utilties Included
440 Monroe AveMemphis, TN 38103
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Studio to 2 Bedroom Apartments
Feels Like Home Senior Lifestyle Residences
3393 Kirby RdMemphis, TN 38115
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Rent Specials
$1,499 - $2,1191 to 3 Bedroom Apartments Available Now
The Bridges at Germantown Apartments
7491 Wyndhurst PlGermantown, TN 38138
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$1,485 - $2,1791 to 2 Bedroom Apartments Available Now
Westbrook Crossing Apartments
525 S Shea RdCollierville, TN 38017
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$1,436 - $4,1351 to 3 Bedroom Apartments Available Now
The Water Tower District at Schilling Farms
1371 Schilling Blvd WCollierville, TN 38017
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$1,426 - $2,3841 to 3 Bedroom Apartments Available Now
The Vineyard of Olive Branch Apartment Homes
9400 Goodman RdOlive Branch, MS 38654
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$1,412 - $3,6871 to 3 Bedroom Apartments Available Now
Tapestry Forest Creek
9166 Crestline LnCollierville, TN 38017
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$1,373 - $2,3541 to 3 Bedroom Apartments Available Now
The Signature At Schilling Farms
1070 Winchester BlvdCollierville, TN 38017
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$1,355 - $2,6321 to 3 Bedroom Apartments Available Now
Highlands Apartment Homes
6344 Quail Meadow CvBartlett, TN 38135
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$1,335 - $2,6491 to 3 Bedroom Apartments Available Now
Quail Ridge Apartment Homes
4200 Trenton DrBartlett, TN 38135
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$1,295 - $1,7861 to 3 Bedroom Apartments Available Now
Civic Center East Apartments
4744 W.E. Ross PkySouthaven, MS 38671
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$1,279 - $2,5181 to 3 Bedroom Apartments Available Now
Appling Lakes
1392 Equestrian DrCordova, TN 38016
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$1,273 - $2,0211 to 3 Bedroom Apartments Available Now
Irene Woods Apartments
9199 Mayfield Rd NCollierville, TN 38017
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$1,268 - $3,2681 to 3 Bedroom Apartments Available Now
MAA Dexter Lake
1505 Dexter Lake DrCordova, TN 38016
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$1,250 - $1,4991 to 3 Bedroom Apartments Available Now
Atlas at Goodlett Farms
7435 Goodlett Farms PkyCordova, TN 38016
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$1,231 - $1,5861 to 3 Bedroom Apartments Available Now
Hamilton at Turman Farms Apartments
4375 Highway 51 NSouthaven, MS 38671
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$1,219 - $2,1101 to 3 Bedroom Apartments Available Now
Bailey Creek Apartment Homes
1907 Bailey Woods Dr NCollierville, TN 38017
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$1,201 - $1,6991 to 3 Bedroom Apartments Available Jan 2, 2026
Civic Center West Apartments
4740 Highway 51 NSouthaven, MS 38671
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$1,192 - $2,1401 to 3 Bedroom Apartments Available Now
Dogwood Creek
1969 N Dogwood Creek DrCollierville, TN 38017
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$1,190 - $1,9811 to 3 Bedroom Apartments Available Now
Somerset at Lakeland
2918 Champions DrArlington, TN 38002
Memphis, TN Local Guide
How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,028 | $200 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,156 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,301 | $595 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,678 | $675 | $5,892 |
| Memphis 4 Bedroom Apartments | $1,536 | $599 | $5,877 |
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 646 Studio Apartments in Memphis with rent ranges from $500 to $1,888 with an average price of $1,623.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $485 to $2,880 with an average monthly rent of $1,156.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $595 to $5,900. Today's average rental price for Two Bedrooms here is $1,301.
How expensive are Memphis Three Bedroom Apartments?
There are currently 383 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $675 to $5,892 - averaging $1,678 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.