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

8,347 Rentals
.
  7. Good Value
    |
    1 BED
    $1,161+
    2 BEDS
    $1,376+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100 - $2,581
    Required Monthly Fees$11
    Utilities & EssentialsVaries
    Total Monthly Price$1,161 - $1,916

    Riverset Apartments

    100 Riverset Ln, Memphis, TN 38103
    (870) 771-4117
  9. |
    STUDIO
    $1,444+
    1 BED
    $1,523+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,399 - $4,173
    Required Monthly Fees$45
    Utilities & EssentialsVaries
    Total Monthly Price$1,444 - $1,523

    The Rise Apartments

    420 Monroe Ave, Memphis, TN 38103
    (901) 203-4807
  10. $219 Off
    Price Drop. $219 Off
    |
    STUDIO
    $1,333+
    1 BED
    $1,343+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,276 - $2,256
    Required Monthly Fees$57
    Utilities & EssentialsVaries
    Total Monthly Price$1,333 - $1,542

    The Citizen Apartments

    1835 Union Ave, Memphis, TN 38104
    (901) 437-8692
  39. $100 Off
    Price Drop. $100 Off
    1 BED
    $680+
    2 BEDS
    $725+
    Total Monthly Price Total Monthly Price New
    Base Rent$680 - $799
    Required Monthly FeesNone
    Total Monthly Price$680 - $749

    Graceland Pointe Apartments

    1984 Bonnie Dr, Memphis, TN 38116
    (901) 519-3118
Showing 42 of 750 results, Page 2 of 18

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,056
(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

Public High School

Public
Grades 9-12
568 Students
GreatSchools Rating
Middle College High

Public High School

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

Public High School

Public
Grades 9-12
96 Students
GreatSchools Rating
White Station High School

Public High School

Public
Grades 9-12
1,840 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
364 Students
GreatSchools Rating
University Middle

Public Middle School

Public
Grades 6-8
271 Students
GreatSchools Rating
White Station Middle School

Public Middle School

Public
Grades 6-8
1,099 Students
GreatSchools Rating
White Station Middle

Public Middle School

Public
Grades 6-8
1,099 Students

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

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