
Homes for Rent in the 38127 ZIP Code of Memphis, TN Under $1,500 (135 Rentals)


4137 Argonne St

1964 Clifton Ave

1848 Baldwin Ave

2185 Slocum Ave

4483 Sunny View Dr

3400 Hallbrook St

3081 Sunrise St

820 Archie Dr

1829 Warner 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.

5207 Breckenwood Dr

4374 Suncrest Dr

2283 Cassie Ave

3288 Madewell St

1939 Driftwood Ave

1694 Claire Dr

3592 Suzanne Dr

1831 Dupont Ave

3517 N Watkins St

1885 Dessa Dr
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.

3585 Winston Dr

2045 Townsend Ave

2202 Cassie Ave

2023 Whitney Ave

3314 Frayser School Dr

3520 Pueblo Ave

2662 Orman Ave

3603 Sunrise St

3115 Signal St

5336 Braden Dr
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.

1911 The Oaks Ave

2766 Overton Crossing St

5138 Chantilly Dr

2208 Cassie Ave

3576 Debby Dr

1290 Dellwood Ave

3521 Steele St

1975 Wellons Ave

4043 Point Church Rd

3972 Schoolfield Cove
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.

2272 Arlene Ave

2583 Derbyshire Ave

3477 Kensett Dr

2313 Nunnelee Ave

2370 Hillside Ave

5118 Blacksmith Dr

3546 Debby Dr

2538 Lisa Ave

5286 Broken Oak Dr

3575 Kensett Dr
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 38127 2 Bedroom Homes for Rent | $1,299 | $695 | $2,826 |
| 38127 3 Bedroom Homes for Rent | $1,690 | $880 | $2,955 |
| 38127 4 Bedroom Homes for Rent | $1,828 | $1,680 | $1,850 |
Browse Homes for Rent in the 38127 Zip Code of Memphis
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Frequently Asked Questions about the 38127 ZIP Code
How much are larger Three and Four Bedroom Rentals in 38127?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 38127 range from $715 to $6,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $2,955. Four Bedroom Single-Family rentals are also available starting from $1,680 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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.