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Apartments Under $1,000 in Memphis, TN

1 - 30 of 434 Results
10
$860 - 999
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
16
$799 - 1,149
The Canopy 2200
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
31
$970
The Tower at Kent
366 S Highland St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
22
$875 - 995
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
17
$800 - 1,000
The Park at New Castle
Deal
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
1
$995
Jefferson Place Apartment Homes Is The Best Of Both Worlds Waiting For You.
560 S Jefferson Pl Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$750 - 850
Hawthorne Street
190 Hawthorne St Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
5
$700 - 825
Berclair
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
14
$975
Mason Homes
900 S 4th St Memphis, TN
2 BR | Available Now
Contact
9
$695
Student Lofts At Brister, Bldg 106
613 Brister St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$695
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$945
Nice Quite Neighborhood
4372 Bluebell St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$950
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$895
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
3 BR | Available Now
Contact
House
3
$900
Printer's Alley Lofts
347 S Front St Memphis, TN
1 BR | Available Now
Contact
South Forum
1
$750
Renovated House In Quite Neighborhood
1475 Pope St Memphis, TN
2 BR | Available Now
Contact
House
$950
The Wendell
2038-2046 Southern Ave Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Cooper-Young
1
$925
Completely Renovated House In Central Location
406 W Brooks Rd Memphis, TN
2 BR | Available Now
Contact
House
0
$999
The Midtowner
199 S Mclean Blvd Memphis, TN
2 BR | Available Now
Contact
Dishwasher
Central Gardens
1
$985
Great Property In Quite Neighborhood
632 Harahan Rd Memphis, TN
4 BR | Available Now
Contact
House
1
$975
Cgient Properties Llc-4
123 Stonewall St Memphis, TN
1 - 2 BR | Available Now
Contact
0
$950
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
Contact
23
$975
Conwood Flats Apartment Homes
Deal
711 N Front St Memphis, TN
1 BR | Mar. 13, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Mud Island
4
$850
1353 Vance Ave
1353 Vance Memphis, TN
2 BR | Apr. 17, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
13
$1,000
Legends Park Apartments
2.8
198 N Pauline St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$753 - 1,244
The Summit Apartments
Deal
4981 Hidden Lake Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
13
$725 - 875
Overton Place
Deal
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
19
$995
Townhomes W/ W/d Included! Gated 2 Bed / 1.5 Bath Townhomes Near Shelby Dr!
1500 E Shelby Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
64
$906 - 1,388
Iris Luxury Apartments
810 Washington Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
1 - 30 of 434 Results
  1. Home
  2. Memphis
  3. Apartments Under $1,000
Frequently Asked Questions

How many apartments under $1,000 are available in Memphis, TN on Rentable.co?

There are 434 apartments under $1,000 in Memphis currently available for rent on Rentable.co.

How many studio apartments under $1,000 are available in Memphis?

Rentable.co has 133 studio apartments under $1,000 available for rent in Memphis.

How many one-bedroom apartments under $1,000 are available in Memphis?

Rentable.co has 1,611 one-bedroom apartments under $1,000 available for rent in Memphis.

How many two-bedroom apartments under $1,000 are available in Memphis?

Rentable.co has 2,831 two-bedroom apartments under $1,000 available for rent in Memphis.

Can I afford a apartment under $1,000 in Memphis, TN?

To comfortably afford a apartment under $1,000 in Memphis based on average rent prices, a household would need an annual income of $34,000.

Which neighborhoods have the most apartments under $1,000 for rent in Memphis, TN?

  1. Voillintine-Evergreen
  2. South Forum
  3. New Chicago
  4. Cooper-Young
  5. Downtown Memphis

Apartments Under $1,000 in Memphis, TN: February Rental Information

Welcome to the February 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Memphis rental landscape.

Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Memphis and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,000 in Memphis.

This report is designed to help prospective renters navigate the Memphis rental market and make informed decisions about their housing options. Whether you're looking for a studio, one-bedroom, or multiple bedroom apartments, this report will provide valuable information to help you find a rental within your budget. Stay tuned for the latest updates and data on apartments under $1,000 in Memphis.
0 20 40 60 80 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,050, with the majority falling between $630 and $1,620. Out of the 3,765 one-bedroom apartments currently on the market in Memphis, 1,539 are priced below $1,000, accounting for 41% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,000: Memphis vs. Surrounding Areas

Memphis, TN
West Memphis, AR
Marion, AR
Southaven, MS
Millington, TN
Robinsonville, MS
402
6
6
6
3
3
In February 2026, there are a variety of apartments available in Memphis, TN and the surrounding areas for under $1,000. This chart highlights the number of available apartments in Memphis, TN and a selection of nearby cities, providing renters with a snapshot of the rental market in the region. The surrounding city names displayed in the chart include West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit. In total, there are 463 apartments available under $1,000 in the Memphis, TN metro area, giving renters a range of options to suit their budget and preferences.

Apartments Under $1,000 Now vs. Last Month: Memphis and Surrounding Areas

City Apartments Under $1,000 in February M/M % Change
Memphis, TN 403 +0.97%
West Memphis, AR 7 +1.13%
Marion, AR 7 +0.92%
Southaven, MS 6 +1.0%
Millington, TN 4 +0.69%
Robinsonville, MS 3 +1.0%
Walls, MS 2 +1.27%
Cordova, TN 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 0 +1.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 4,917
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 110
Pet friendly 562
Utilities included 96
Furnished 44
1 Bedroom 333
2 Bedroom 382
3 Bedroom 121

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Voillintine-evergreen, South forum, New chicago, Cooper-young, Downtown memphis
Voillintine-Evergreen 8
South Forum 3
New Chicago 3
Cooper-Young 3
Downtown Memphis 2
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