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Apartments under $1,500 for Rent in Memphis, TN

7,998 Rentals
.
  3. Good Value
    |
    STUDIO
    $1,494+
    1 BED
    $1,608+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,349 - $1,723
    Required Monthly Fees$145
    Total Monthly Price$1,494 - $1,868

    The Landing Residences

    1 Dr Martin Luther King Jr Ave, Memphis, TN 38103
    (870) 771-3896
  4. $160 Off
    Price Drop. $160 Off
    |
    STUDIO
    $1,359+
    1 BED
    $1,369+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,302 - $1,417
    Required Monthly Fees$57
    Total Monthly Price$1,359 - $1,474

    The Citizen Apartments

    1835 Union Ave, Memphis, TN 38104
    (901) 437-8692
  5. |
    STUDIO
    $1,374
    Total Monthly Price Total Monthly Price New
    Base Rent$1,329 - $4,660
    Required Monthly Fees$45
    Total Monthly Price$1,374 - $4,705

    The Rise Apartments

    420 Monroe Ave, Memphis, TN 38103
    (901) 203-4807
  10. Good Value
    |
    1 BED
    $599
    Total Monthly Price Total Monthly Price New
    Base Rent$599
    Required Monthly FeesNone
    Total Monthly Price$599

    Tiger Estates

    3875 Spottswood Ave, Memphis, TN 38111
    (901) 422-9216
  20. Good Value
    |
    1 BED
    $1,231+
    2 BEDS
    $1,461+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,212 - $1,442
    Required Monthly Fees$19
    Total Monthly Price$1,231 - $1,461

    The Wyndham Apartments

    7542 Legacy Dr, Memphis, TN 38119
    (901) 910-0918
Showing 42 of 750 results, Page 2 of 18

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,044
(All bedrooms and property types)
Learn more about
Average Rent in Memphis
8

School Rating

out of 10 Rating
Learn more about
Schools in Memphis

Renting in Memphis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Education

GreatSchools Rating
East High School

Public High School

Public
Grades 9-12
583 Students
GreatSchools Rating
Middle College High School

Public High School

Public
Grades 9-12
304 Students
GreatSchools Rating
University High School

Public High School

Public
Grades 9-12
280 Students
GreatSchools Rating
Medical District High School

Public High School

Public
Grades 9-12
146 Students
GreatSchools Rating
White Station High

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating
Maxine Smith STEAM Academy

Public Middle School

Public
Grades 6-8
439 Students
GreatSchools Rating
White Station Middle

Public Middle School

Public
Grades 6-8
1,127 Students
GreatSchools Rating
University Middle

Public Middle School

Public
Grades 6-8
264 Students
GreatSchools Rating
Idlewild Elementary School

Public Elementary School

Public
Grades K-5
593 Students
GreatSchools Rating
Campus School

Public Elementary School

Public
Grades K-5
413 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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