
Homes for Rent in Memphis, TN Under $1,500 (690 Rentals) Page 6 of 14


3305 Hendricks Ave

250 1st Ave

4450 Arnold Cove

3385 Douglass Ave

5157 Depanne Rd

1240 Robin Hood Ln

4041 Hitchcock Dr

964 Brower St

1616 Winston Dr

7269 German Creek Park

3551 Allandale Ln

1122 Hunter's Lake Dr

1802 Dorrie Ln

3450 Glenshaw Dr

1500 E Alcy Rd

851 N Claybrook St

3241 Cedar Springs Dr

2901 Walker Ave

1710 Kirby Pky

4095 Print Ave

3690 FORD

2283 Poe Ave

1947 Clovia Ln

2371 N Orchid Dr

3583 Russelwood Dr

1541 Patton St

765 Grand St

1770 Sugarloaf St

1440 Whitney Ave

5267 Broken Oak Dr

1687 Tutwiler Ave

Furnished Studio-Memphis - Cordova

2038 Southern Ave, Unit 5

696 Decatur St

1065 Larry Ln

4956 Durbin Ave

4243 Vann Ave

3056 Arrendale St

3805 Lake Park Cove

1154 Springdale St

6975 Wesley Ct

6706 Majestic Oak Pl

1489 Rebecca St

129 S Holmes St

1834 St Elmo Ave

1019 University St

253 Silverage Ave

3709 Deer Forest Dr

3514 Autumn 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
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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.