
Homes for Rent in Memphis, TN Under $1,500 (690 Rentals) Page 5 of 14


6761 Whitten Pine Dr

2123 Lyon Ave

1071 N Avalon St

1330 Victor Dr

2185 Slocum Ave

1130 Azalia St

4742 Violet Ave

3837 Vanuys Rd

3270 Frayser View Dr

1585 Waverly Ave

4949 Shelter Cove

1311 Parkland Rd

1522 Winfield Rd

524 Haynes St

8363 Mangrove Dr

1881 Andover Cove

731 Litty Ct, Unit 305

5060 Childs Dr

6761 Whitten Pine Dr

524 Haynes St

1267 Deer Trail Ln

3848 Ajanders Dr

3718 Wordsworth Ave

3230 Riney St

694 Hamilton St

4628 Windward Dr

4567 Addington Dr

537 Diana St, Unit 3

6860 Raleigh Lagrange Rd

3209 Choctaw Ave

2136 Pamela Dr

1981 Boyle Ave

5259 Cedar Bluff Dr

Furnished Studio-Memphis - Wolfchase Galleria

4375 Misty Morning Dr

2756 Harbor Station Rd, Unit 2756

3148 Highland Park Pl

3336 Park Ave

5588 Clarke Address, Unit 5588

4223 Kenosha Rd

3556 Neely Rd

3588 Bowen Ave

4718 Fairley Rd

1719 Ridge Oak Pl

2875 Knightway Cove

987 Parkhaven Ln

1587 Carpenter St

4589 Blue River Dr

494 Fernwood 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 |
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
Written by: Joshua Carlucci
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.