Apartments for Rent in Memphis, TN under $1500
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1 bd $773+2 bd $859+Base rent3.5 (14)3427 Southern Avenue, Memphis, TN 38111Apply online • Pet friendly • Dishwasher
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1 bd $940Base rent5.0 (1)711 N. Front Street, Memphis, TN 38107Apply online • Pet friendly • Air conditioner
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1 bd $1,186+Base rent5.0 (25)1730 Hunters Trace Dr, Memphis, TN 38120Apply online • Pet friendly • Fitness center
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Studio $835+1 bd $844+Base rent4.5 (3)1391 Court Avenue, Memphis, TN 38104Apply online • Pet friendly • In unit laundry
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Studio $1,356+Base rent4.5 (1)67 Madison Ave., Memphis, TN 38103Apply online • Pet friendly • Parking
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1 bd $1,128+2 bd $1,338+Base rent4.5 (46)330 N. Humphreys Blvd, Memphis, TN 38120Apply online • Pet friendly • Parking
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1 bd $856+2 bd $898+3 bd $1,275+Base rent4.5 (43)4981 Hidden Lake Drive, Memphis, TN 38128Apply online • Pet friendly • Fitness center
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Studio $1,0491 bd $1,214+Base rent4.5 (10)495 Tennessee Street, Memphis, TN 38103Apply online • Pet friendly • Fitness center
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Studio $1,060+Base rent3.0 (2)110 Barboro Alley, Memphis, TN 38103Apply online • Pet friendly • Dishwasher
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1 bd $722+2 bd $1,066+Base rent4.5 (58)6420 Knight Arnold Rd, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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1 bd $1,010+2 bd $1,183+Base rent4.0 (18)8293 George Brett Dr, Cordova, TN 38018Apply online • Pet friendly • Fitness center
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1 bd $1,293+Base rent4.5 (10)205 Pasadena Place, Memphis, TN 38104Apply online • Pet friendly • Fitness center
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1 bd $805+2 bd $1,067+Base rent4.0 (82)6355 Briar Patch Lane, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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1 bd $1,005Base rent645 North Front Street, Memphis, TN 38107Apply online • Pet friendly • Dishwasher
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1 bd $1,101+2 bd $1,209+Base rent3.0 (1)8285 Irene Blvd., Memphis, TN 38125Apply online • Pet friendly • Dishwasher
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1 bd $1,135+2 bd $1,400+Base rent8546 Prestine Loop, Cordova, TN 38018Apply online • Pet friendly • Air conditioner
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1 bd $808+2 bd $1,075+Base rent4.0 (36)3251 Knight Trails Circle, Memphis, TN 38115Apply online • Pet friendly • Parking
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1 bd $1,175+2 bd $1,295+Base rent4.5 (33)6939 Dusty Trail Ln, Memphis, TN 38133Apply online • Pet friendly • Pool
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1 bd $860+2 bd $958+3 bd $1,197+Base rent4.0 (95)2165 E. River Trace Dr., Memphis, TN 38134Apply online • Pet friendly • Fitness center
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Studio $1,009+1 bd $1,049+Total monthly cost4.5 (7)2540 Broad Ave, Memphis, TN 38112Apply online • Pet friendly • Fitness center
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1 bd $1,260Total monthly cost130 S Front Street, Memphis, TN 38103Apply online • Pet friendly • Fitness center
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1 bd $699+2 bd $999+Base rent4.0 (31)3048 Moriah Trail, Memphis, TN 38115Apply online • Pet friendly • Parking
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1 bd $1,110+2 bd $1,340+Total monthly cost4.0 (22)100 Riverset Lane, Memphis, TN 38103Apply online • Pet friendly • Fitness center
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1 bd $1,266+Base rent4.0 (3)395 S Highland St., Memphis, TN 38111Apply online • Pet friendly • Parking
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Studio $1,198+1 bd $1,438+Base rent4.0 (9)3750 Moraine St, Memphis, TN 38125Apply online • Pet friendly
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Frequently asked questions
When were prices and availability in Memphis, TN last updated?
Prices and availability in Memphis, TN were last updated on 23 Jun 2026.
What are the best apartments in Memphis, TN?
The best apartments in Memphis, TN are: The Junction, Conwood Flats Apartment Homes, The Summit Apartments, The Edge of Germantown and Madison Shelby Farms.
What type of rental buildings are in Memphis, TN?
In Memphis, 55% of the residents are renting compared to 45% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Memphis's rentals, 50% are small-scale complexes with under 50 units, and 39% are single-family rentals.
Your search for apartments in Memphis, TN under $1,500 stops here
Finding apartments for rent in Memphis, TN for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 1,598 available units in Memphis, TN, renting for under $1,500. On average, $1,439 can get you 938 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Memphis, TN goes for $567 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.