Homes for Rent in the 38108 ZIP Code of Memphis, TN Under $1,500 (80 Rentals)

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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.

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property at 4071 Grey Rd

$1,149

Total Monthly Price

Total Monthly Price

Base Rent
$1,149
Total Monthly Price
$1,149

3 Bedroom, 1 Bath Home for Rent

Available Now

4071 Grey Rd

MemphisTN38108
property at 2295 Dexter Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 2 Bath Home for Rent

Available Now

2295 Dexter Ave

MemphisTN38108

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.

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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.

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property at 4535 Violet Cove

$1,490

Total Monthly Price

Total Monthly Price

Base Rent
$1,490
Total Monthly Price
$1,490

3 Bedroom, 2 Bath Home for Rent

Available Now

4535 Violet Cove

MemphisTN38122
property at 961 N Perkins Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

3 Bedroom, 1 Bath Home for Rent

Available Now

961 N Perkins Rd

MemphisTN38122
Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about the 38108 ZIP Code

How much are larger Three and Four Bedroom Rentals in 38108?

For those who are looking for larger living arrangements, Three Bedroom Apartments in 38108 range from $690 to $4,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $940 to $1,499. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $640.

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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.