New Apartments for Rent in Memphis, TN Under $1,500(70 Rentals)

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Madison Lofts
Rent Specials
from $1,500Built in 20231 to 2 Bedroom Apartments

Madison Lofts

2041 Madison AveMemphis, TN 38104
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99 S Front St
Rent Specials
from $1,130Built in 2022Studio to 2 Bedroom Apartments Available Now

99 S Front St

99 S Front StMemphis, TN 38103
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Burkle and Main
from $1,074Built in 20212 to 4 Bedroom Apartments

Burkle and Main

812 N Main StMemphis, TN 38107
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Patterson Flats
from $887Built in 20181 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Uptown Flats
Rent Specials
from $887Built in 20181 to 3 Bedroom Apartments

Uptown Flats

627 N Main StMemphis, TN 38107
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Showing Results 1-50, Page 1 of 2

Memphis, TN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about New Memphis Apartments

What is the Cheapest New apartment in Memphis?

Currently the most affordable New Apartment in Memphis is at Yugo Memphis Southern listed at $599.

How much is the average rent for a New Memphis Apartment?

The average rent for a New Apartment in Memphis is $1,715.

What is the largest New Memphis Apartment for rent?

Today's New apartment with the most square footage in Memphis is a 3,000 square feet unit starting from $3,495 at Carolina Terrace.

What is the average size for Memphis New Apartments for rent?

The average size for a New rental in Memphis is currently at 606 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.