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Apartments Under $1,000 in Memphis, TN

391 - 410 of 410 Results
1
$675
Fantastic Whitehaven Apartment!
4050 Barton Dr Memphis, TN
1 BR | Ask for Availability
Contact
1
$650
2119 Benford St
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Den
1
$675
Mayflower Apartments
35 N. Mclean Memphis, TN
1 BR | Available Now
Contact
1
$599
786 Carson
Memphis, TN
3 BR | Available Now
Contact
House
1
$450
2414-2416 Shasta
Memphis, TN
1 BR | Ask for Availability
Contact
1
$775
Fantastic Whitehaven Apartment!
3949 Barton Dr Memphis, TN
2 BR | Ask for Availability
Contact
1
$400
1493 Gaither St
Memphis, TN
1 BR | Ask for Availability
Contact
3
$425
The Peach Apartments
1330 Peach Ave Memphis, TN
1 BR | Available Now
Contact
1
$350
660 Jennette
Memphis, TN
2 BR | Available Now
Contact
House
1
$725
Fantastic Whitehaven Apartment!
4070 Barton Dr Memphis, TN
2 BR | Ask for Availability
Contact
1
$650
1135 Melrose St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$775
Fantastic Whitehaven Apartment!
4040 Barton Dr Memphis, TN
2 BR | Ask for Availability
Contact
1
$775
Fantastic Whitehaven Apartment!
3980 Barton Dr Memphis, TN
2 BR | Ask for Availability
Contact
1
$775
3948 Royal Oaks Dr
Memphis, TN
2 BR | Ask for Availability
Contact
1
$695
511 513 Boston St
Memphis, TN
1 BR | Available Now
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$825
4447 Powell Ave
Memphis, TN
2 BR | Ask for Availability
Contact
$595 - 650
The Woodlands
1301 Goodbar Ave Memphis, TN
2 BR | Available Now
$825
4439 Powell Ave
Memphis, TN
2 BR | Ask for Availability
Contact
$575
865 N Bingham St
Memphis, TN
1 BR | Ask for Availability
Contact
$995
4116 Leroy Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
391 - 410 of 410 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 410 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 2,235 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 3,891 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 $1,060, with the majority falling between $650 and $1,630. Out of the 4,620 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
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