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Apartments Under $1,000 in Memphis, TN

421 - 433 of 433 Results
1
$775
1240 Laudeen Dr
Memphis, TN
2 BR | Ask for Availability
Contact
1
$450
2414-2416 Shasta
Memphis, TN
1 BR | Ask for Availability
Contact
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
$475
3803 Given
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
$995
4116 Leroy Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$895
Macon Crossing
1092-3655 Homer/Macon Memphis, TN
2 BR | Available Now
Contact
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
Contact
$475 - 585
Longview Gardens
1.8
1726 S. Orleans Street Memphis, TN
2 BR | Available Now
$545 - 675
Mill Creek Apartments
1.8
4537 Mill Stream Dr. Memphis, TN
1 - 2 BR | Available Now
$575
865 N Bingham St
Memphis, TN
1 BR | Ask for Availability
Contact
$825
4447 Powell Ave
Memphis, TN
2 BR | Ask for Availability
Contact
421 - 433 of 433 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 433 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 133 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 1,611 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 2,831 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 $34,000.

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

  1. Voillintine-Evergreen
  2. South Forum
  3. New Chicago
  4. Cooper-Young
  5. Downtown Memphis

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

Welcome to the February 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 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 $1,050, with the majority falling between $630 and $1,620. Out of the 3,765 one-bedroom apartments currently on the market in Memphis, 1,539 are priced below $1,000, accounting for 41% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,000: Memphis vs. Surrounding Areas

Memphis, TN
West Memphis, AR
Marion, AR
Southaven, MS
Millington, TN
Robinsonville, MS
402
6
6
6
3
3
In February 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 461 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 February M/M % Change
Memphis, TN 403 +0.97%
West Memphis, AR 7 +1.13%
Marion, AR 7 +0.92%
Southaven, MS 6 +1.0%
Millington, TN 4 +0.69%
Robinsonville, MS 3 +1.0%
Walls, MS 2 +1.27%
Cordova, TN 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 0 +1.5%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 4,917
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 110
Pet friendly 562
Utilities included 96
Furnished 44
1 Bedroom 333
2 Bedroom 382
3 Bedroom 121

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Voillintine-evergreen, South forum, New chicago, Cooper-young, Downtown memphis
Voillintine-Evergreen 8
South Forum 3
New Chicago 3
Cooper-Young 3
Downtown Memphis 2
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