
Apartments for Rent in Memphis, TN Under $1,500 (724 Rentals) Page 2 of 15


Madison at McLean

Springs at Buckingham Farms

Wilson Townhomes

Downtown Memphis Flats

The Roxbury

Total Monthly Price
Riverset Apartments

200 Stonewall St

Total Monthly Price
699 N 5th St, Unit 2

The Midtowner
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Chambliss Village Townhomes

The Galloway @ Evergreen

Waterford Place Apartment Homes

MONTICELLO

Fairfax Manor Townhomes

Lofts at Union Alley

Fielder Square

Evergreen Terrace

The Courtyard at Ironworks

1161 Poplar
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

628 Madison Ave

The Melrose Midtown

The Tennessee Brewery Apartments

The Franklin

The Glen Townhomes

Legacy on Lynnfield - NEWLY UPGRADED

Madison Midtown

The Meadows Apartments

Park at Forest Hill

Harbor Side at Conwood Flats Apartments

Link Apartments® Broad Ave

Total Monthly Price
641 S Rembert St, Unit 641

Redwood Estates Mobile Home Community

266 Lofts

Belvedere Place

Highland Hills

Museum Lofts

Idlewild 45

Total Monthly Price
Court Square Apartments

Emerald Square Apartments

The Linden

Number 10 Main

240 Flats

MAA Kirby Station

Southern Grove

Village of Sycamore Ridge

Hollywood Square

Addison Apartments III

Overton Garden 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 Under $1500 | $1,049 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments Under $1500 | $1,151 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments Under $1500 | $1,266 | $562 | $5,900 |
| Memphis 3 Bedroom Apartments Under $1500 | $1,712 | $600 | $4,085 |
| Memphis 4 Bedroom Apartments Under $1500 | $1,204 | $599 | $2,640 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 629 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,049.
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 $450 to $2,842 with an average monthly rent of $1,151.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $562 to $5,900. Today's average rental price for Two Bedrooms here is $1,266.
How expensive are Memphis Three Bedroom Apartments?
There are currently 401 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $600 to $4,085 - averaging $1,712 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.
Helpful Local Expert Guides

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

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
