Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $1,000 in Memphis, TN

271 - 300 of 407 Results
1
$950
Beautiful 3 Bedroom Home!
196 Ivan Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$990
Welcome To 5197 Chantilly Dr In Memphis, Tn!
5197 Chantilly Dr Memphis, TN
3 BR | Sep. 10, 2026
Contact
House
0
$865
Ruby Oaks Apartments
2464 Ruby Oaks Dr Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$925
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$690
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$845
1776 Brown Ave
Memphis, TN
2 BR | Ask for Availability
Voillintine-Evergreen
1
$950
1bd/1ba Condo Located On The Germantown/memphis Line!
6687-3 Whispering Oak Pl Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$775
609-611 Mallory
Memphis, TN
2 BR | Available Now
Contact
McKeller
0
$995
Affordable Housing Close To U Of M & Highland
684 Hobbs Dr Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
1
$750
Tiger - 3516
3516 Carnes Ave Memphis, TN
1 BR | Sep. 18, 2026
Contact
0
$790
First Full Month Free! Welcome To 2972 Hale Ave!
2972 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
2
$557
3384 Harmony Ct
Memphis, TN
3 BR | Ask for Availability
Contact
1
$599
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
Contact
1
$950
Section 8 Accepted
1882 E Person Ave Memphis, TN
3 BR | Nov. 20, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$990
Welcome To 2961 Southwall Street! Reduced Rate!!
2961 Southwall St Memphis, TN
3 BR | Available Now
Contact
House
1
$945 - 975
Cgient Properties Llc-4
123 Stonewall St Memphis, TN
1 BR | Available Now
Contact
1
$720
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$795
Newly Renovated Unit In Heart Of Memphis
291 Red Oak St Memphis, TN
2 BR | Available Now
Contact
House
1
$895
Newly Renovated Unit In Heart Of Memphis
2812 Amsden Ave Memphis, TN
3 BR | Available Now
Contact
House
3
$950
Adorable 2-bed, 1-bath Home!
1393 Ridgewood Park Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
1
$950
215 Radar Rd
Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$995
Section 8 Accepted
714 Goodwyn St Memphis, TN
2 BR | Aug. 28, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$940
Welcome To 901 Restbrook Ave!
901 Restbrook Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
Contact
1
$840
Welcome To 1778 Marjorie Street!
1778 Marjorie St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$790
Welcome To 2970 Hale Ave! Move-in Special
2970 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$725
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
0
$715 - 765
Eden Pointe
4427 Knight Arnold Rd Memphis, TN
1 - 2 BR | Available Now
Contact
271 - 300 of 407 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 407 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 159 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 2,219 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 3,832 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 $32,000.

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

  1. South Forum
  2. Voillintine-Evergreen
  3. Downtown Memphis
  4. Cooper-Young
  5. Orange Mound

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

Welcome to the August 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 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 $1,630. Out of the 4,598 one-bedroom apartments currently on the market in Memphis, 1,932 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
414
6
5
4
3
3
In August 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 447 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 August M/M % Change
Memphis, TN 415 +1.01%
Southaven, MS 6 +1.0%
Marion, AR 6 +0.83%
West Memphis, AR 4 +0.86%
Millington, TN 3 +1.0%
Robinsonville, MS 3 +1.0%
Cordova, TN 2 +0.5%
Horn Lake, MS 1 +1.0%
Walls, MS 1 +1.0%
Hernando, MS 0 +1.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 6,192
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 99
Pet friendly 661
Utilities included 117
Furnished 45
1 Bedroom 366
2 Bedroom 453
3 Bedroom 126

Where are Memphis Apartments Under $1,000?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Cooper-young, Orange mound
South Forum 10
Voillintine-Evergreen 7
Downtown Memphis 3
Cooper-Young 2
Orange Mound 2
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code