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Apartments Under $1,000 in Memphis, TN

1 - 30 of 393 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
34
3D Tour
$950 - 1,000
Allentown
4912 Raleigh-millington Road Memphis, TN
2 - 3 BR | Nov. 1, 2026
Contact
Virtual Tour
In Unit Laundry
Fitness Center
Storage
Dishwasher
35
$855
The Park at Paisley
Deal
4.2
3315 Ridgeway Road Memphis, TN
1 BR | Nov. 4, 2026
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
86
$835 - 995
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
Fitness Center
36
$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
45
$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
In Unit Laundry
29
3D Tour
$950 - 990
Memphis Blues
1401 Memphis Blues Ave Memphis, TN
2 - 3 BR | Nov. 1, 2026
Contact
House
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
15
$985
Merton Court Apartments
171 N Merton Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
14
$935
Mason Homes
900 S 4th St Memphis, TN
2 BR | Available Now
Contact
9
$850 - 925
Perfect Midtown Location
2780 Madison Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$850 - 925
Allison Gardens Apartments
427 N Graham Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$895
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
8
$625 - 800
Springdale Apartments
Memphis, TN
1 - 3 BR | Available Now
Contact
1
$900
45-47 humes
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
1
$850
2115 Bennett
Memphis, TN
2 BR | Available Now
Contact
House
0
$899
Studio Rasa - Bldg 211
211 Cochran Pl Memphis, TN
Studio | Available Now
Contact
1
$925
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$995
Poplar Pines West
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$645
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
3
$850 - 900
Spacious 2 Bedroom Apartments In Raleigh – Raleigh Pines
2783-2799 Beverly Hill St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$895
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
Contact
1
$895
Newly Renovated Unit In Heart Of Memphis
2812 Amsden Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$795
Newly Renovated Unit In Heart Of Memphis
291 Red Oak St Memphis, TN
2 BR | Available Now
Contact
House
29
$987
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 BR | Nov. 4, 2026
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
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
46
$769 - 1,677
Greenbrook at Shelby Farms
Deal
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$844 - 1,423
The Summit Apartments
4981 Hidden Lake Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
1 - 30 of 393 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 393 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 150 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 1,950 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 3,558 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. Downtown Memphis
  4. Mud Island
  5. Orange Mound

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

Welcome to the October 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 $1,040, with the majority falling between $650 and $1,600. Out of the 4,579 one-bedroom apartments currently on the market in Memphis, 1,899 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
Marion, AR
Southaven, MS
West Memphis, AR
Millington, TN
Robinsonville, MS
415
7
5
5
5
3
In October 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 418 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 October M/M % Change
Memphis, TN 416 +1.0%
Marion, AR 7 +0.92%
Southaven, MS 6 +1.04%
West Memphis, AR 5 +0.92%
Millington, TN 5 +0.7%
Robinsonville, MS 3 +0.99%
Cordova, TN 3 +0.8%
Horn Lake, MS 1 +1.1%
Walls, MS 1 +1.0%
Germantown, TN 1 +0.2%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 6,180
Top amenities Fitness Center, Air Conditioning, Dishwasher, Refrigerator, Pool
Deals 173
Pet friendly 684
Utilities included 200
Furnished 46
1 Bedroom 367
2 Bedroom 416
3 Bedroom 103

Where are Memphis Apartments Under $1,000?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Mud island, Orange mound
South Forum 7
Voillintine-Evergreen 4
Downtown Memphis 2
Mud Island 2
Orange Mound 2
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