
Homes for Rent in Memphis, TN Under $1,500 (690 Rentals) Page 2 of 14


4858 Dianne Dr

4102 Royalcrest Dr

2503 Clearpark Dr

4025 Mingle Cove

5659 Hinton Pl

3487 Overton Crossing St

2224 Wellons Ave

5031 Scottsdale Ave

2554 Selman Ave
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.

644 Kent St

287 Harrell St

1096 McEvers Rd

1411 Whitten Rd

669 S Mansfield St

838 Crockett Pl

4312 Coventry Dr

3400 Hallbrook St

3884 Kerston Dr

4697 Grecco Dr
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.

2561 McArthur Dr

2801 Alvin Ave

4671 Lindawood Ln

3827 Vanuys Rd

5636 Maple Tree Dr

1313 Mullins Station Rd

4659 Sandy Park Dr

3792 Glenburee St

4231 Wanatah St

510 City House Ct

1731 Myrna Ln

2185 Longlane Dr

4680 Waterfront Oak Dr

5607 Sweet Gum Dr

3925 Birchshade Cove

3349 Lynchburg St

6773 Rockbrook Dr

3635 Bishops Bridge Rd

4378 Sherrycrest Cove

3240 Debby St

1347 E Trigg Ave

6297 Bronte Ave

5573 Tulip Tree Dr

1325 Bruce St

3232 Coleman Ave

269 Looney Ave

7013 Crestridge Rd

3198 Millwood Rd

3447 Cook

3451 Hendricks Ave
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 | $1,118 | $550 | $2,800 |
| Memphis 3 Bedroom Homes for Rent | $1,606 | $725 | $3,900 |
| Memphis 4 Bedroom Homes for Rent | $2,031 | $795 | $4,650 |
| Memphis 5 Bedroom Homes for Rent | $2,763 | $1,000 | $5,995 |
| Memphis 6 Bedroom Homes for Rent | $3,472 | $2,945 | $4,000 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1872 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $8,799. There are also 1493 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $5,995.
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 $550 to $5,995 with an average monthly rent of $1,632.
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 $639 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,900. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $550.
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

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Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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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.