Apartments for Rent in Memphis, TN under $1500

1,711 Rentals Available

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Getting around in Memphis, TN

54 /100

Somewhat Walkable

34 /100

Some Transit

43 /100

Somewhat Bikeable

Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

Frequently asked questions

When were prices and availability in Memphis, TN last updated?

Prices and availability in Memphis, TN were last updated on 26 Nov 2025.

What are the best apartments in Memphis, TN?

The best apartments in Memphis, TN are: Metro67, Parcels at Concourse, Madison Shelby Farms, The Edge of Germantown and The Summit Apartments.

What type of rental buildings are in Memphis, TN?

In Memphis 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 10% of Memphis’s apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.