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Apartments Under $1,000 in Memphis, TN

301 - 330 of 418 Results
5
$1,000 - 1,175
Main Street Flats
3.0
99-105 South Main Street Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
16
$525 - 820
The Woods At Ridgeway
1.2
6277 Lake Arbor Dr. Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
42
$810 - 910
The Nova
6355 Briar Patch Lane Memphis, TN
1 BR | Available Now
Contact
Cat Friendly
Virtual Tour
Luxury
Section 8
Air Conditioning
19
$691 - 935
Foote Park At South City
410 S Danny Thomas Blvd Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
5
$1 - 900
Greenbriar Apartments
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$439 - 799
Mill Creek Apartments
2.7
Millbranch Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Pool
$825
195 Hawthorne
Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
5
$625
Pinebrook Pointe Apartment Homes
3541 Mediterranean Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
10
$520 - 800
The Reserve At Mt. Moriah
1.3
2778 Pickering Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Dishwasher
10
$795
The Historic Almadura
Deal
2.5
175 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
5
$500 - 850
Lakes At Ridgeway
1.9
5995 Waterstone Oak Way Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
14
$809 - 969
Fieldstone Apartments
3.2
3333 Hacks Cross Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
49
$790 - 995
Uptown Square Apartments
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$629 - 951
Arbors Of Century Center
1490 Century Arbor Ln. Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
4
$665 - 790
Autumn Ridge
1.8
3888 Autumn Ridge Court Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
7
$950
The Urban Peddler
50 S Morrison Memphis, TN
2 BR | Available Now
Contact
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
12
$935 - 1,083
The Estates At River Pointe
1.0
1445 River Estates Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
6
$800
3587 Bayliss Ave,
Memphis, TN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
13
$559 - 739
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
2 - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
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
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
17
$630 - 1,025
Hickory Farm
3.5
3822 Hickory Farm Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
Pool
15
$665 - 1,364
Madison Cypress Lakes
1.7
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
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
5
$620 - 878
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
$890
Imogene Apartments
2107 Imogene St Memphis, TN
2 BR | Available Now
Contact
9
$900
3215 Gina Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
301 - 330 of 418 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 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 135 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 1,925 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 3,446 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. High Point Terrace

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

Welcome to the May 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 15 30 45 60 <$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 $640 and $1,640. Out of the 4,296 one-bedroom apartments currently on the market in Memphis, 1,856 are priced below $1,000, accounting for 43% 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
430
6
5
4
3
3
In May 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 444 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 May M/M % Change
Memphis, TN 431 +1.0%
Southaven, MS 6 +1.0%
Marion, AR 5 +1.21%
West Memphis, AR 5 +1.16%
Millington, TN 4 +1.0%
Robinsonville, MS 3 +1.0%
Walls, MS 1 +1.12%
Horn Lake, MS 1 +1.0%
Cordova, TN 1 +1.0%
Hernando, MS 1 0.0%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,500
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 93
Pet friendly 661
Utilities included 97
Furnished 46
1 Bedroom 346
2 Bedroom 447
3 Bedroom 112

Where are Memphis Apartments Under $1,000?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Mud island, High point terrace
South Forum 4
Voillintine-Evergreen 3
Downtown Memphis 2
Mud Island 2
High Point Terrace 2
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