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

301 - 330 of 407 Results
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
$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
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
11
$695
The Granville House
4.0
157 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
8
$916
Senior Living At University Place Apartments
600 S. Sommerville Street Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
7
$850 - 950
Colonial Apartments
3.3
5480 Poplar Avenue Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
1
$500 - 610
El Dorado Apartments
1.4
2743 Ketchum Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$905
Riverset Apartment Homes
100 Riverset Lane Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$823
Fielder Square
70 S 4th St Memphis, TN
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
5
$830
Madison Place Apartments
1772-1776 Madison Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
17
$815 - 915
Georgian Woods
4.1
2451 Union Avenue Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
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
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
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
9
$900
3215 Gina Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
11
$715 - 900
Uptown Square
252 North Lauderdale Street Memphis, TN
Studio - 1 BR | Available Now
Contact
Section 8
In Unit Laundry
Fitness Center
Dishwasher
7
$750
Woodtrail Apartments
3602 Spottswood Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
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
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
$928
Poplar Place Townhomes
1669 Randolph Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Fitness Center
5
$739
Eton Square Apartments
3315 Ridgeway Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$960
Number 10 Main
5.0
10 S Main St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
In Unit Laundry
Fitness Center
$639 - 699
Timber Pines
1764 Gowan Dr Memphis, TN
1 - 2 BR | Available Now
Contact
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
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
301 - 330 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