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Apartments Under $1,000 in Memphis, TN

1 - 30 of 418 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
15
$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
35
$760 - 960
The Park at Paisley
Deal
4.2
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
22
$875 - 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
$810 - 975
The Tower at Kent
Deal
366 S Highland St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
34
3D Tour
$700 - 1,000
Allentown
4912 Raleigh-millington Road Memphis, TN
1 - 3 BR | Available Now
Contact
Virtual Tour
In Unit Laundry
Fitness Center
Storage
Dishwasher
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
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
20
$899 - 950
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Aug. 11, 2026
Contact
Dog Friendly
Cat Friendly
14
$935
Mason Homes
900 S 4th St Memphis, TN
2 BR | Available Now
Contact
8
$625 - 800
Springdale Apartments
Memphis, TN
1 - 3 BR | Available Now
Contact
10
$925
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$825
Studio Rasa - Bldg 1030
1030 Poplar Ave Memphis, TN
Studio | Available Now
Contact
1
$925
Charming 3br Home – Open To Section 8
3172 Woodrow St Memphis, TN
3 BR | Available Now
Contact
House
0
$899
Studio Rasa - Bldg 211
211 Cochran Pl Memphis, TN
Studio | Available Now
Contact
29
$828 - 1,245
The Summit Apartments
Deal
4981 Hidden Lake Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Pool
39
$955 - 979
Foote Park at South City Apartments
410 S Danny Thomas Blvd Memphis, TN
1 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$813
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
33
$803 - 1,937
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Dishwasher
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
6
$750
1640 Monroe
1640 Monroe St Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
13
$725 - 875
Overton Place
414 N Claybrook St #1 Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
19
$950 - 995
Shelby Pointe Townhomes
1500 E Shelby Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
16
$680 - 799
1938-2006 E Raines/Bonnie
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
9
$800 - 900
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
1 BR | Aug. 8, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Pool
20
$1,000
Idlewild 45
45 S Idlewild St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
15
$973
Uptown Flats
645 N Main St Memphis, TN
1 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
14
$905
Getwell Pointe Apartments
2973-3007 Getwell Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
37
$690 - 805
Summer Trace Apartments
Deal
3.2
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
4
$950
Peabody Falls
2017 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1 - 30 of 418 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 418 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 131 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 1,730 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 3,439 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. Orange Mound
  2. Voillintine-Evergreen
  3. Cooper-Young
  4. South Forum
  5. Downtown Memphis

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

Welcome to the July 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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 17 35 52 70 <$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 $1,030, with the majority falling between $650 and $1,620. Out of the 4,459 one-bedroom apartments currently on the market in Memphis, 1,838 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
Southaven, MS
Marion, AR
Millington, TN
West Memphis, AR
Robinsonville, MS
422
6
4
3
3
3
In July 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 442 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 July M/M % Change
Memphis, TN 422 +1.02%
Southaven, MS 6 +1.0%
Marion, AR 5 +1.06%
Millington, TN 4 +1.0%
West Memphis, AR 4 +1.22%
Robinsonville, MS 3 +1.0%
Walls, MS 1 +1.0%
Horn Lake, MS 1 +1.0%
Cordova, TN 1 +1.0%
Hernando, MS 1 +1.0%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,589
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 95
Pet friendly 662
Utilities included 145
Furnished 45
1 Bedroom 362
2 Bedroom 432
3 Bedroom 116

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Orange mound, Voillintine-evergreen, Cooper-young, South forum, Downtown memphis
Orange Mound 5
Voillintine-Evergreen 5
Cooper-Young 4
South Forum 3
Downtown Memphis 2
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