
Homes for Rent in Memphis, TN Under $1,500 (856 Rentals)


1019 W Walthal Cir

840 Roland St

279 W Norwood Ave

4136 Raintree Cove

363 S Fenwick Rd

1916 Mignon Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

5065 Dianne Dr

204 Greenlaw Ave

2499 Calvert Ave

2307 Marble Ave

742 King Ave

1467 Wheaton St

109 S Front St

6436 Oak Park Dr

281 Bond Ave

742 Ivy Rd

2553 Broad Ave

6439 Kirby Trees Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

3978 Silverleaf Rd

5833 S Newberry Ln

3655 Haughton Ln, Unit #1

3649 Haughton Ln, Unit #2

2059 Waverly Ave

4008 Hitchcock Dr

5833 S Newberry Ln

5010 Penwood Cove
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.

4187 Rainey Woods Dr

1157 W Lexington Cir

995 Avon Rd

3199 Gina Dr

4022 Castile St

4471 Laird Dr

4255 Moonfall Way

4479 Shadow Creek St

6149 Raintree Dr

4237 Moonfall Way

5646 Sycamore Woods Dr

3520 Pueblo Ave
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.

5227 Braden Dr

4207 Kenosha Rd

6720 Hallshire Cove

1791 Homedale Ave

554 Sandridge St

2004 Walker Ave

372 Mulberry St

6349 Valleydale Dr
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

6349 Valleydale Dr

4415 Jamaica Ave

2249 Curbertson St
Memphis, TN Local Guide

How much does it cost to rent a home in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis 2 Bedroom Homes for Rent | $1,247 | $625 | $3,940 |
Memphis 3 Bedroom Homes for Rent | $1,609 | $675 | $4,000 |
Memphis 4 Bedroom Homes for Rent | $2,003 | $895 | $3,995 |
Memphis 5 Bedroom Homes for Rent | $2,577 | $900 | $6,540 |
Memphis 6 Bedroom Homes for Rent | $3,042 | $1,500 | $4,900 |
Browse Top Homes for Rent in Memphis
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1791 Apartments for Rent in Memphis, TN with pricing that ranges from $200 to $12,795. There are also 2185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $500 to $6,540.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $500 to $6,540 with an average monthly rent of $1,791.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $698 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $4,000. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $549.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.