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Apartments Under $1,000 in Memphis, TN

1 - 30 of 432 Results
17
3D Tour
$973
MAA Southwind
Deal
8345 Championship Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
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
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
22
$900 - 995
The Park at Hollyford
Deal
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
31
$910 - 970
The Tower at Kent
Deal
366 S Highland St Memphis, TN
1 BR | Jan. 1, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
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
29
3D Tour
$911
Memphis Blues
1401 Memphis Blues Ave Memphis, TN
2 BR | Available Now
Contact
House
12
$825
Hawthorne Street
190 Hawthorne St Memphis, TN
Studio | 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
5
$700
Berclair
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
20
$899 - 950
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$895
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$995
Poplar Pines
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
Contact
14
$975
Mason Homes
900 S 4th St Memphis, TN
2 BR | Available Now
Contact
1
$950
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$995
The Den Apartments, Bldg 3571
3571 Midland Ave Memphis, TN
2 BR | Available Now
Contact
1
$900
Renovated House In Quite Neighborhood
1507 Wilson St Memphis, TN
2 BR | Available Now
Contact
Cat Friendly
House
3
$900
Printer's Alley Lofts
347 S Front St Memphis, TN
1 BR | Available Now
Contact
South Forum
1
$725
Newly Renovated House On A Quiet Street
701 Lyman 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
$925
Completely Renovated House In Central Location
406 W Brooks Rd Memphis, TN
2 BR | Available Now
Contact
House
1
$750
Renovated House In Quite Neighborhood
1475 Pope St Memphis, TN
2 BR | Available Now
Contact
House
1
$995
Nice Quite Neighborhood
4372 Bluebell St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$750
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$700
2119 Hunter
Memphis, TN
3 BR | Available Now
Contact
House
$950
The Wendell
2038-2046 Southern Ave Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Cooper-Young
4
$950
Peabody Falls
2017 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
18
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
24
$750 - 900
Lakes At Ridgeway
5995 Waterstone Oak Way Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
25
$929 - 1,845
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
1 - 30 of 432 Results
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  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 432 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 149 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 1,631 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 2,922 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 $33,000.

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: December Rental Information

Welcome to the December 2025 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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 12 25 37 50 <$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 $1,060, with the majority falling between $630 and $1,700. Out of the 3,617 one-bedroom apartments currently on the market in Memphis, 1,458 are priced below $1,000, accounting for 40% 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
Walls, MS
Robinsonville, MS
371
7
6
6
3
3
In December 2025, 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 450 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 December M/M % Change
Memphis, TN 371 +0.95%
West Memphis, AR 8 +0.98%
Marion, AR 7 +1.05%
Southaven, MS 6 +1.0%
Walls, MS 4 +1.22%
Robinsonville, MS 3 +1.1%
Millington, TN 2 +0.75%
Cordova, TN 1 +0.83%
Horn Lake, MS 1 +1.25%
Bartlett, TN 1 +0.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 4,727
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Pool, Range / Oven
Deals 51
Pet friendly 561
Utilities included 80
Furnished 44
1 Bedroom 308
2 Bedroom 393
3 Bedroom 123

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Voillintine-evergreen, South forum, New chicago, Cooper-young, Downtown memphis
Voillintine-Evergreen 6
South Forum 3
New Chicago 3
Cooper-Young 3
Downtown Memphis 2
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