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Apartments Under $1,000 in Memphis, TN

391 - 420 of 421 Results
2
$940
Miller Creek At Germantown
5.0
3769 Skipping Stone Trace Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
1
$475
3803 Given
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
$500
911 Kney
Memphis, TN
2 BR | Available Now
Contact
House
Storage
1
$450
2414-2416 Shasta
Memphis, TN
1 BR | Ask for Availability
Contact
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
$599
786 Carson
Memphis, TN
3 BR | Available Now
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House
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
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House
1
$775
Fantastic Whitehaven Apartment!
4028 Barton Dr Memphis, TN
2 BR | Ask for Availability
Contact
1
$775
1240 Laudeen Dr
Memphis, TN
2 BR | Ask for Availability
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1
$500
1606 Victory
Memphis, TN
2 BR | Available Now
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House
0
$900
Buchanan
Memphis, TN
2 BR | Ask for Availability
Contact
Den
1
$950
Newly Remodeled!
151 N Belvedere Blvd Apt 2 Memphis, TN
2 BR | Ask for Availability
Contact
1
$499
2109 Farrington
Memphis, TN
2 BR | Available Now
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House
1
$775
Fantastic Whitehaven Apartment!
4016 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
$775
Fantastic Whitehaven Apartment!
3949 Barton Dr Memphis, TN
2 BR | Ask for Availability
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1
$400
1493 Gaither St
Memphis, TN
1 BR | Ask for Availability
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1
$495
1386 Court Ave
Memphis, TN
1 BR | Ask for Availability
Contact
1
$675
Fantastic Whitehaven Apartment!
4050 Barton Dr Memphis, TN
1 BR | Ask for Availability
Contact
1
$675
Mayflower Apartments
35 N. Mclean Memphis, TN
1 BR | Available Now
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1
$650
2119 Benford St
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Den
$825
4447 Powell Ave
Memphis, TN
2 BR | Ask for Availability
Contact
$895
Macon Crossing
1092-3655 Homer/Macon Memphis, TN
2 BR | Available Now
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Downtown Memphis
$595 - 650
The Woodlands
1301 Goodbar Ave Memphis, TN
2 BR | Available Now
$825
4439 Powell Ave
Memphis, TN
2 BR | Ask for Availability
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$995
4116 Leroy Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
391 - 420 of 421 Results
  1. Home
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  3. Apartments Under $1,000
Frequently Asked Questions

How many apartments under $1,000 are available in Memphis, TN on Rentable.co?

There are 421 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 162 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 1,884 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 3,536 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. Orange Mound
  2. Voillintine-Evergreen
  3. Cooper-Young
  4. South Forum
  5. Downtown Memphis

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

Welcome to the July 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,040, with the majority falling between $650 and $1,620. Out of the 4,445 one-bedroom apartments currently on the market in Memphis, 1,661 are priced below $1,000, accounting for 37% 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
417
6
5
3
3
3
In July 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 445 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 July M/M % Change
Memphis, TN 417 +1.01%
Southaven, MS 6 +1.0%
Marion, AR 5 +0.97%
West Memphis, AR 4 +0.95%
Millington, TN 3 +1.22%
Robinsonville, MS 3 +1.0%
Horn Lake, MS 1 +0.83%
Cordova, TN 1 +1.0%
Walls, MS 1 +1.14%
Hernando, MS 0 +1.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,736
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 32
Pet friendly 673
Utilities included 136
Furnished 45
1 Bedroom 358
2 Bedroom 458
3 Bedroom 118

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Orange mound, Voillintine-evergreen, Cooper-young, South forum, Downtown memphis
Orange Mound 5
Voillintine-Evergreen 5
Cooper-Young 4
South Forum 3
Downtown Memphis 2
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