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Apartments Under $1,000 in Memphis, TN

1 - 30 of 416 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
35
$760
The Park at Paisley
Deal
4.2
3315 Ridgeway Road Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
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
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
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
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
$950 - 1,000
Allentown
4912 Raleigh-millington Road Memphis, TN
2 - 3 BR | Aug. 1, 2026
Contact
Virtual Tour
In Unit Laundry
Fitness Center
Storage
Dishwasher
29
3D Tour
$950 - 990
Memphis Blues
1401 Memphis Blues Ave Memphis, TN
2 - 3 BR | Aug. 1, 2026
Contact
House
20
$899 - 950
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Aug. 11, 2026
Contact
Dog Friendly
Cat Friendly
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
10
$925
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$625 - 800
Springdale Apartments
Memphis, TN
1 - 3 BR | Available Now
Contact
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$899
Studio Rasa - Bldg 211
211 Cochran Pl Memphis, TN
Studio | Available Now
Contact
1
$995
Newly Renovated Unit In Heart Of Memphis
45 W Gage Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$999
Annex Lofts
345 S Front St Memphis, TN
1 BR | Available Now
Contact
South Forum
0
$895
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
Contact
1
$825
Studio Rasa - Bldg 1030
1030 Poplar Ave Memphis, TN
Studio | Available Now
Contact
1
$1,000
Tucker
71 N Tucker St Memphis, TN
1 BR | Available Now
Contact
9
$850
1353 Vance Ave
1353 Vance Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
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
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
37
$705 - 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
14
$973
Forum Flats
290 Turley St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
South Forum
15
$900 - 1,000
Faronia Square
1350 S Faronia Sq Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Dishwasher
13
3D Tour
$885
South Line
4.5
676 S Front St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
13
$850 - 950
Brentwood Place Apartments
1835 Sycamore View Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
7
$950
The Urban Peddler
50 S Morrison Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
1 - 30 of 416 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 416 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 144 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 1,974 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 3,577 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. South Forum
  2. Voillintine-Evergreen
  3. Cooper-Young
  4. Downtown Memphis
  5. Mud Island

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 20 40 60 80 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,040, with the majority falling between $650 and $1,610. Out of the 4,495 one-bedroom apartments currently on the market in Memphis, 1,884 are priced below $1,000, accounting for 42% of the total available one-bedroom units in Memphis.

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

Memphis, TN
Southaven, MS
Marion, AR
West Memphis, AR
Millington, TN
Robinsonville, MS
417
6
5
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 453 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 417 +1.01%
Southaven, MS 6 +1.0%
Marion, AR 5 +0.97%
West Memphis, AR 4 +0.95%
Millington, TN 3 +1.22%
Robinsonville, MS 3 +1.0%
Horn Lake, MS 1 +0.83%
Cordova, TN 1 +1.0%
Walls, MS 1 +1.14%
Hernando, MS 0 +1.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,736
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 32
Pet friendly 673
Utilities included 136
Furnished 45
1 Bedroom 358
2 Bedroom 458
3 Bedroom 118

Where are Memphis Apartments Under $1,000?

Top Neighborhoods South forum, Voillintine-evergreen, Cooper-young, Downtown memphis, Mud island
South Forum 8
Voillintine-Evergreen 4
Cooper-Young 3
Downtown Memphis 2
Mud Island 2
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