
Homes for Rent in the 38122 ZIP Code of Memphis, TN Under $1,500 (50 Rentals)


1264 Darlow St

953 Stratford Rd

3463 Macon Rd

3986 Grahamdale Cir

1330 Victor Dr

4742 Violet Ave

4517 Gailwood Ave

3588 Bowen Ave

1065 Larry Ln
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

4956 Durbin Ave

3514 Autumn Ave

899 Chatwood St

3532 Kallaher Ave

866 Homer St

1023 Waring Rd

4100 Vaughn Rd

4719 Lynn Rd

940 Vaughn Rd

1105 Dora St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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4011 Victor Dr

1294 Pallwood Rd

1041 Isabelle St

4694 McCrory Ave

4291 Zelda Ln

749 Freeman St

992 Wrenwood St

3528 Bowen Ave

1116 N Holmes St

3428 Vernon Ave
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

3451 Tutwiler Ave

1191 N Graham St

3491 Guernsey Ave

961 N Highland St

1111 N Holmes St

1621 Locust St

3144 Hopkins Ave

375 N Holmes St

3232 Coleman Ave

4112 Truman Ave
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.

1644 Russwood Rd

908 Baltic St

4095 Print Ave

554 Bon Air St

1445 Luverne St

3215 Tutwiler Ave

4201 Truman Ave

1558 Tayner St

3117 Yale Ave

3083 Guernsey Ave
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Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38122 2 Bedroom Homes for Rent | $962 | $550 | $1,590 |
| 38122 3 Bedroom Homes for Rent | $1,114 | $910 | $1,548 |
| 38122 4 Bedroom Homes for Rent | $1,541 | $1,500 | $1,625 |
Browse Homes for Rent in the 38122 Zip Code of Memphis
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Frequently Asked Questions about the 38122 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38122?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38122 range from $639 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $910 to $1,548. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $550.
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

Memphis, Tennessee: A Local Expert's 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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.