
Top Rated Apartments for Rent in Memphis, TN Under $1,500 (125 Rentals) Page 2 of 3
Apartments in Memphis with the best features, newest construction, and richest amenities.


Fielder Square

The Chisca

The Flats @ Cooper Young

Park at Forest Hill

The Brooklyn Memphis

The Bowery

Renaissance at Steele

Yugo Memphis Southern

Bristol On Union Apartment Homes

Urban Loft Co. Memphis- Utilties Included

South Junction Apartments

Feels Like Home Senior Lifestyle Residences

The Bridges at Germantown Apartments

Carrington at Schilling Farms

Westbrook Crossing Apartments

The Water Tower District at Schilling Farms

The Vineyard of Olive Branch Apartment Homes

Tapestry Forest Creek

Irene Woods Apartments

The Signature At Schilling Farms

Preserve at Bartlett

Quail Ridge Apartment Homes

Civic Center East Apartments

MAA Dexter Lake

Appling Lakes

Atlas at Goodlett Farms

Madison at Schilling Farms

Walnut Hill Apartments

Hamilton at Turman Farms Apartments
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 | $1,046 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,180 | $525 | $10,000+ |
| Memphis 2 Bedroom Apartments | $1,316 | $613 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,701 | $759 | $5,423 |
| Memphis 4 Bedroom Apartments | $1,385 | $599 | $5,543 |
Explore Memphis
Getting Around Memphis, TN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 643 Studio Apartments in Memphis with rent ranges from $550 to $1,888 with an average price of $3,329.
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 $525 to $16,500 with an average monthly rent of $1,180.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $613 to $5,900. Today's average rental price for Two Bedrooms here is $1,316.
How expensive are Memphis Three Bedroom Apartments?
There are currently 385 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $759 to $5,423 - averaging $1,701 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



















