
Apartments for Rent in Memphis, TN Under $1,500 (719 Rentals) Page 3 of 15


Madison Gardens Apartments

Arbors of Century Center

National Rose Co.

280 Vance Flats

Parkway Place Apartments

Deerfield Apartments

Forrest Cove

Goodbar Townhomes

Total Monthly Price
The Grove at Patterson

Art Lofts @ Overton

Link Apartments® Broad Ave

Total Monthly Price
The Chisca

Canterbury Woods Apartments

The Ellington at Kirby

Hickory Forest

The Flats @ Cooper Young

The Biltmore - McAlpin Apartments

Cherokee Arms

Hunter Oaks Apartments

Autumn Ridge Apartments

Landings At Winchester

The Franklin

Timberline Flats

The Brooklyn Memphis

Total Monthly Price
The Den Apartments

34 N Idlewild St

Covington Hills

The Galloway @ Evergreen

Faronia Square

1170 Peabody Ave

Spottswood Manor

Total Monthly Price
Faulkner Court Apartments

Park Terrace

Eleven60

Tranquility at Hickory Hill Senior Apartments

Peabody Place

Brentwood Apartments

Bickford Square Apartments

Oak Grove Flats

Stonewall Apartments

The Broadmoor Apartments

Peabody Village

Deauville Apartments

Linden Yards Apartments

MAA Southwind

Crescendo Apartments

Colonial Village Apartments

The Bowery

The District 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 | $1,075 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments Under $1500 | $1,139 | $525 | $2,850 |
| Memphis 2 Bedroom Apartments Under $1500 | $1,261 | $560 | $5,042 |
| Memphis 3 Bedroom Apartments Under $1500 | $1,667 | $550 | $4,110 |
| Memphis 4 Bedroom Apartments Under $1500 | $1,443 | $550 | $2,560 |
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 631 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,075.
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 $2,850 with an average monthly rent of $1,139.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $560 to $5,042. Today's average rental price for Two Bedrooms here is $1,261.
How expensive are Memphis Three Bedroom Apartments?
There are currently 406 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $550 to $4,110 - averaging $1,667 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

Memphis, Tennessee: A Local Expert's 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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.