
Homes for Rent in Raleigh Neighborhood of Memphis, TN Under $1,500 (35 Rentals)


2631 Parkview Dr

4018 Sandburg St

2406 Jenwood St

2593 Courtney Dr

3711 Teresa Cove

4199 Bacon St

5308 Timberdale Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4560 Parkwood Rd

4668 Priscilla Ave

5166 Blueridge Dr

3726 Socorro Cove

5288 Yale Rd

3607 Monessen Dr

5101 Rolling Fields Dr

3447 Scenic Hwy
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

4214 Nam Ni Dr

3338 Covington Pike

4211 Lansdowne Dr

4350 Ann Arbor Ln

4352 Ann Arbor Ln

3380 Fairbanks St

4147 Hallview Dr

3902 Trufant Ave
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

3583 Russelwood Dr

4040 Sandburg St

3681 Barberry St

4180 Kerwin Dr

3710 Dorado Cove

5211 Kimbark Woods Dr

3758 Wolf Trail Dr

3785 Black Forest Dr
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

4016 Socorro Dr

2083 Charleston Rd

3916 Wales Ave
Raleigh, Memphis, TN Local Guide

How much does it cost to rent a home in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh 2 Bedroom Homes for Rent | $1,550 | $1,100 | $2,000 |
| Raleigh 3 Bedroom Homes for Rent | $1,412 | $1,065 | $1,835 |
| Raleigh 4 Bedroom Homes for Rent | $1,573 | $1,095 | $2,070 |
| Raleigh 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Homes for Rent in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Raleigh Neighborhood of Memphis, TN.
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Raleigh, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleRaleigh, Memphis, TN
Ranked #78
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Raleigh
What type of rentals are currently available in Raleigh?
There are currently 42 Apartments for Rent in Raleigh, TN with pricing that ranges from $649 to $1,595. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $650 to $2,070.
What is the current price range for Rental Homes in Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Raleigh ranges from $650 to $2,070 with an average monthly rent of $1,387.
How much are larger Three and Four Bedroom Rentals in Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Raleigh range from $829 to $1,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,065 to $1,835. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $1,595.
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

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

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.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.