
Homes for Rent in Memphis, TN Under $1,500 (690 Rentals) Page 4 of 14


4748 Scottsdale Ave

953 Stratford Rd

924 Maury St

7746 Shadowland Dr, Unit A

4078 Dunn Ave

1581 Beaver Trail Dr

3466 Heckle Ave

4332 Kerwin Dr

893 Linwood Rd

1446 Alamo St

4340 Old Allen Rd

700 Walnut Woods Cove S

5554 Oak Branch Cir N

5819 Grassy Valley Dr

2257 Goldbrier Ln

1055 S Cox St

3760 St Elmo Ave

4335 Sunnyslope Dr

2406 Jenwood St

3427 Keokee Cove

812 S Greer St

3354 Spottswood Ave

1579 Haywood Ave

5166 Blueridge Dr

974 E Person Ave

523 Shofner Ave

2518 Derbyshire Ave

3463 Macon Rd

74 N McLean Blvd

3986 Grahamdale Cir

4112 Truman Ave

4014 Kerwin Dr

750 Lester St

1113 E Trigg Ave

2022 Waverly Ave

1281 Royal Oaks Cove

4374 Suncrest Dr

1644 Russwood Rd

1377 Lyceum Rd

3277 Valley Stream Cove

288 W Brooks Rd

908 Baltic St

2263 Young Ave

2067 Blakewood Pl

4350 Cary Hill Cove

3676 Kearney Ave

1994 Eastend Dr

4517 Gailwood Ave

1348 Austin 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 | $1,118 | $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 |
Browse Top Homes for Rent in Memphis
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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

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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I'm Josh, your ApartmentHomeLiving.

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.

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