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New Apartments for Rent in Memphis, TN Under $1,500 (67 Rentals)Page 2 of 2
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Built in 2018Studio to 3 Bedroom Apartments
South Main Artspace Lofts
138 St. Paul AveMemphis, TN 38126
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from $1,480Built in 20251 to 3 Bedroom Apartments Available May 15
Grays Creek
211 Gilroy DrCordova, TN 38018
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Rent Specials
from $1,379Built in 2021Studio to 3 Bedroom Apartments Available Now
Velo Shelby Farms
599 Velo DrCordova, TN 38018
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Rent Specials
from $1,336Built in 20211 to 2 Bedroom Apartments Available Now
Lakeland Town Square
4815 Market Green PlzLakeland, TN 38002
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from $1,320Built in 20151 to 3 Bedroom Apartments Available Now
Irene Woods Apartments
9199 Mayfield Rd NCollierville, TN 38017
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from $1,460Built in 20241 to 3 Bedroom Apartments Available Now
The Water Tower District at Schilling Farms
1371 Schilling Blvd WCollierville, TN 38017
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Rent Specials
from $1,405Built in 2024Studio to 3 Bedroom Apartments Available Now
Springs at Colonial
2925 Countrywood PkyCordova, TN 38016
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Rent Specials
from $800Built in 20182 Bedroom Apartments Contact Us For Availability
Barton Court Apartments
2416 E Barton AveWest Memphis, AR 72301
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Built in 20201 to 2 Bedroom Apartments
HarborChase of Cordova - A 55+ Community
1600 Appling RdCordova, TN 38016
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Memphis, TN Local Guide
How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,185 | $560 | $8,000 |
| Memphis 1 Bedroom Apartments | $1,330 | $200 | $6,395 |
| Memphis 2 Bedroom Apartments | $1,499 | $450 | $7,925 |
| Memphis 3 Bedroom Apartments | $1,993 | $730 | $8,358 |
| Memphis 4 Bedroom Apartments | $1,985 | $599 | $7,330 |
| Memphis 5 Bedroom Apartments | $5,374 | $2,495 | $9,940 |
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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 Nine At Memphis listed at $715.
How much is the average rent for a New Memphis Apartment?
The average rent for a New Apartment in Memphis is $1,711.
What is the largest New Memphis Apartment for rent?
Today's New apartment with the most square footage in Memphis is a 2,295 square feet unit starting from $1,405 at The Oliver Luxury Apartments.
What is the average size for Memphis New Apartments for rent?
The average size for a New rental in Memphis is currently at 589 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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.