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Apartments Under $1,000 in Memphis, TN

31 - 60 of 405 Results
5
$1 - 900
Greenbriar Apartments
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
14
$973
Forum Flats
290 Turley St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
South Forum
39
$955 - 979
Foote Park at South City Apartments
410 S Danny Thomas Blvd Memphis, TN
1 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
46
$788 - 1,716
Greenbrook at Shelby Farms
Deal
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
6
$750
1640 Monroe
1640 Monroe St Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
18
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
32
$808 - 1,946
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Dishwasher
16
$680 - 799
1938-2006 E Raines/Bonnie
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
4
$725
1626 Monroe Ave.
1626 Monroe Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
29
$987
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 BR | Oct. 5, 2026
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
10
$900
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
20
$1,000
Idlewild 45
Deal
45 S Idlewild St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
19
$950 - 995
Shelby Pointe Townhomes
1500 E Shelby Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
10
$750
2436 Charjean
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
13
$725 - 825
Overton Place
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
16
$775 - 895
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$900 - 950
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
9
$973
2nd Street Flats
275 S Second St Memphis, TN
1 BR | Sep. 5, 2026
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
South Forum
11
$974
Patterson Flats
250 E GE Patterson Memphis, TN
1 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
South Forum
15
$799 - 973
Crescent Bluff
46 Crescent Bluff Ct Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
22
$1,000
Enclave at Wolfchase
1810 W Wolfchase Cir Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
3D Tour
$908 - 983
MAA Southwind
Deal
8345 Championship Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
38
$919 - 1,503
Park at Forest Hill
Deal
8285 Irene Blvd Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Dishwasher
Pool
10
$895 - 995
The Broadmoor Apartments
306 S Cleveland St Memphis, TN
1 - 2 BR | Available Now
Contact
Dishwasher
9
$825 - 925
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$650 - 695
1298 Carr
1298 Carr Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Disability Access
Dishwasher
1
$950
The Flats @ Cooper Young
999 S Cooper St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
8
$625
1025 S Wellington St Unit Memphis
Memphis, TN
2 BR | Available Now
Contact
House
11
$925
3164 Madeline Cir
Memphis, TN
3 BR | Available Now
Contact
House
21
$675
1753 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
31 - 60 of 405 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 405 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 151 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 1,996 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 3,602 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, 2,002 are priced below $1,000, accounting for 44% 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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