
Homes for Rent in the 38115 ZIP Code of Memphis, TN Under $1,500 (56 Rentals)


6854 Sauterne Cove

2942 S Mendenhall Rd

5940 Pebble Beach Ave

Welcome to 5495 Emerald Hills Dr!

6622 Red Birch Dr

6702 Valley Park Dr

4055 Friendship Ln

5636 Maple Tree Dr

3708 Deer Crossing
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.

6234 Midsummer Way

5573 Tulip Tree Dr

4136 Garden Birch Cove

3411 Emerald St

5668 Winter Tree Dr

6076 Elk Grove Rd

6076 Elk Grove Rd

3712 Firethorne Dr

3877 Glencoe Dr

4059 Friendly Way
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.

3925 Birchshade Cove

2961 Charlestowne Pl

5660 Pathway Cir

5588 Clarke Address, Unit 5588

3856 Jasmine Dr

5555 Blossom Ln

5584 Blossom Ln

5607 Maple Tree Dr

5833 S Newberry Ln

5833 S Newberry Ln
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.

3724 Deer Forest Dr

6564 Whitetail Ln

5624 Clarke Address

2825 Sonora Dr

2782 Mojave Pl

5233 Flowering Peach Dr

2769 Sonora Dr

2817 Los Gatos Ct, Unit 1 los gatos

2835 Los Gatos Ct

3772 Hyacinth Dr
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.

3411 S Mendenhall Rd

5222 Flowering Peach Dr

5164 Walton Lake

3041 McVay Trail Dr

4196 Oak Wind Dr

3216 Haraway St

3347 Clearbrook St

3408 Clearbrook St

3635 Chesterwood Dr

2868 Summerhurst St
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38115 2 Bedroom Homes for Rent | $1,034 | $736 | $3,092 |
| 38115 3 Bedroom Homes for Rent | $1,187 | $865 | $1,976 |
| 38115 4 Bedroom Homes for Rent | $1,199 | $1,199 | $1,199 |
Browse Homes for Rent in the 38115 Zip Code of Memphis
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Frequently Asked Questions about the 38115 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38115?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38115 range from $675 to $5,818, while Three Bedroom Homes, Condos, and Townhomes for rent range from $865 to $1,976. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $599.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.