Apartments for Rent in the 38122 ZIP Code of Memphis, TN Under $1,500 (108 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 4914 Durbin Ave

$1,495

4 Bedroom, 2 Bath Home for Rent

Available Now

4914 Durbin Ave

MemphisTN38122

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 4523 Lawrence Rd

$1,290

3 Bedroom, 2 Bath Home for Rent

Available Now

4523 Lawrence Rd

MemphisTN38122

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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property at 4801 Given Ave

$1,240

3 Bedroom, 1 Bath Home for Rent

Available Now

4801 Given Ave

MemphisTN38122

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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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.

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Frequently Asked Questions about the 38122 ZIP Code

What is the current price range for One Bedroom 38122 Apartments for rent?

Today's rental pricing for One Bedroom Apartments in 38122 ranges from $445 to $999 with an average monthly rent of $752.

What does renting a Two Bedroom Apartment in 38122 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 38122 range from $445 to $1,765. Today's average rental price for Two Bedrooms here is $944.

How expensive are 38122 Three Bedroom Apartments?

There are currently 9 Three Bedroom Apartments listings available in 38122 on ApartmentHomeLiving.com. The pricing ranges from $935 to $1,225 - averaging $1,000 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

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!