
Apartments for Rent in the 38115 ZIP Code of Memphis, TN Under $1,500 (88 Rentals)


Highland Hills

Emerald Square Apartments

Hickory Forest

Landings At Winchester

Autumn Ridge Apartments

Tranquility at Hickory Hill Senior Apartments

Emerald Pointe

The Elevation at Autumn Ridge

The Ellington at Kirby
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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.

Hickory Grove

The Parkway

Crossings at Fox Meadows

Aspen Parc

Hickory Pointe

Ridgeway Pines

The Brooklyn Memphis

Cedar Run

The Local Apartments

The Nova Apartments
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The Boulevard

Hickory Farms

The Park at Hollyford

Edge at Lakeview

The Bowery

The Park at Paisley

Lakes at Ridgeway

The Residence Village Green

The Trails at Mt. Moriah

Cedar Mill Apartments & Townhouses
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
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The District Apartments

Emerald Park Apartments

The Residences at Lakeview

3290 Fox Hollow Dr

6816 Birch Run Ln

6614 Red Birch Dr

3475 Kirby Terrace Dr

6722 N Regency Park Cir

5697 Tulip Tree Dr

5636 Maple Tree 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.

6512 Lancer Dr

5573 Tulip Tree Dr

5626 Tulip Tree Dr

6861 Valley Park Dr

6127 Mission Ridge Rd

2995 Charlestowne Pl

3877 Glencoe Dr

4142 Meadow Chase Cove

2796 Mojave Pl, Unit 171

2814 Los Gatos Ct, Unit 2814 ‘Los Gatos
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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.
Memphis, TN Local Guide

How much does it cost to rent an apartment in 38115?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38115 Studio Apartments | $632 | $581 | $1,029 |
| 38115 1 Bedroom Apartments | $888 | $635 | $2,410 |
| 38115 2 Bedroom Apartments | $1,044 | $736 | $2,906 |
| 38115 3 Bedroom Apartments | $1,231 | $940 | $1,802 |
| 38115 4 Bedroom Apartments | $1,406 | $1,399 | $1,440 |
Browse Apartments in the 38115 Zip Code of Memphis
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Frequently Asked Questions about the 38115 ZIP Code
What is the current price range for One Bedroom 38115 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 38115 ranges from $635 to $2,410 with an average monthly rent of $888.
What does renting a Two Bedroom Apartment in 38115 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 38115 range from $736 to $2,906. Today's average rental price for Two Bedrooms here is $1,044.
How expensive are 38115 Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in 38115 on ApartmentHomeLiving.com. The pricing ranges from $940 to $1,802 - averaging $1,231 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.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.