Rent Special - 1/2 Off First Month Rent. 1500 E Alcy Rd in Memphis, TN is a three-bedroom, 1.5-bath home featuring a mix of tile and carpet flooring and central air conditioning. The property includes a fenced yard, tub/shower, and gas range hookup. Practical conveniences include washer/dryer hookups, an online maintenance portal and online rent payment, along with resident benefits such as move-in concierge, resident rewards program, credit-building options, filter delivery, and renters insurance included.
Amenities: fenced yard, tile flooring, washer/dryer hookups, spanish speaking staff, online maintenance portal, online rent payment, carpet flooring, air conditioning: central, filter delivery, move in concierge, resident rewards program, credit building, renters insurance included, gas range hookup, tub/shower.
53 days on RentalSource
RentalSource last checked: 12 hours ago · Listing updated: October 25, 2026
This 3-bedroom, 1.5-bathroom house at 1500 E Alcy Rd in Memphis, TN 38106 rents for $1,215 a month. It has 1,224 square feet. 1500 E Alcy Rd was advertised by Reedy & Company on September 5, 2026.
How the Rent Compares
At $1,215 a month, this house is close to the typical rent for 3-bedroom houses and townhouses in Memphis (about $1,260).
Typical $1,260This home $1,215
$980$1,700
From 563 three-bedroom houses and townhouses listed in Memphis on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,260Typical rent for 3-bedroom houses and townhouses in Memphis
The rent hasn't changed since it was listed on September 5. This home was last listed for rent on RentalSource from May to June 2024, ending at $1,155. Today's rent is $60 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
September 5, 2026
Listed for rent
$1,215+5.2%
+5.2%
June 1, 2024
Listing removed
$1,155
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 1500 E Alcy Rd?
Bedrooms
3 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$48,600 /year
With your chosen rent-to-income ratio, an annual income of $48,600 is recommended to comfortably afford this 3-bedroom rental priced at $1,215 per month.