
Apartments for Rent in the 38101 ZIP Code of Memphis, TN Under $1,500 (123 Rentals)


Total Monthly Price
Metro67

The Oliver Luxury Apartments

Orleans Station

South Bluffs Apartments

Belle Harbour Apartments

Total Monthly Price
The Marine Residence

The Tennessee Brewery Apartments

1162 Peabody Ave

Total Monthly Price
699 N 5th St, Unit 2, Unit 2
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.

Total Monthly Price
Riverset Apartments

The Landing Residences

Harbor Side at Conwood Flats Apartments

Downtown Memphis Flats

The Rise Apartments

Gayoso House & Pembroke Square

628 Madison Ave

Pressbox Lofts

The Courtyard at Ironworks

1161 Poplar
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.

The Commonwealth

Museum Lofts

266 Lofts

Number 10 Main

The Melrose Midtown

South Line at Central Station

Fielder Square

The Broadmoor Apartments

Lofts at Union Alley

Iris Luxury Apartments
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.

National Rose Co.

Goodbar Townhomes

280 Vance Flats

Conwood Flats Apartment Homes

The Chisca

Faulkner Court Apartments

Eleven60

Deauville Apartments

Bickford Square Apartments

Linden Yards Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Studio Rasa

The Bonsai at Central Gardens

Helix at the District - Utilities Included

Indigo Riverview

The Drew

Azur Tower

Central Gardens

Owens Place Townhomes

Uptown Square Apartments

Greenlaw Apartments
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38101?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38101 Studio Apartments | $1,070 | $560 | $3,863 |
| 38101 1 Bedroom Apartments | $1,312 | $525 | $5,397 |
| 38101 2 Bedroom Apartments | $1,733 | $750 | $6,223 |
| 38101 3 Bedroom Apartments | $2,457 | $995 | $4,147 |
| 38101 4 Bedroom Apartments | $2,225 | $2,150 | $2,300 |
Browse Apartments in the 38101 Zip Code of Memphis
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Frequently Asked Questions about the 38101 ZIP Code
How much are Studio apartments in 38101?
There are currently 195 Studio Apartments in 38101 with rent ranges from $560 to $3,863 with an average price of $1,070.
What is the current price range for One Bedroom 38101 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38101 ranges from $525 to $5,397 with an average monthly rent of $1,312.
What does renting a Two Bedroom Apartment in 38101 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38101 range from $750 to $6,223. Today's average rental price for Two Bedrooms here is $1,733.
How expensive are 38101 Three Bedroom Apartments?
There are currently 51 Three Bedroom Apartments listings available in 38101 on ApartmentHomeLiving.com. The pricing ranges from $995 to $4,147 - averaging $2,457 for the location.
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.
Articles, How-To's, and Tips

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.