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

61 - 90 of 419 Results
5
$995
Updated 2/1 Section 8 Approved
956 Barbara Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
15
$685
3023 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
1
$750
1298 Carr
1298 Carr Ave Memphis, TN
2 BR | Available Now
Contact
Disability Access
5
$850 - 950
Summerwood Apartments
4015 Summer Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$495
Cute Duplex In Prospect Park
1455 Eloise Rd Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
1
$995
Very Nice Newly Rehabbed Home In Frayser - Open To Section 8
3614 Steele St Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
10
$995
The Broadmoor Apartments
306 S Cleveland St Memphis, TN
2 BR | Available Now
Contact
Dishwasher
10
$800
1043 Whitaker Dr Unit 11
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
12
$795
Newly Renovate In 2022 - 2 Bedroom 1 Bathroom
147 Stonewall St #01 Memphis, TN
2 BR | Jun. 19, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
12
$995
Bickford Square Apartments
281 Bickford Ave Memphis, TN
3 BR | Available Now
Contact
Dishwasher
32
$899 - 950
Holmes Pointe Apartments
1594-1636 E Holmes Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
5
$695 - 699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
12
$895
Ask About Our Specials
3742 Deerwood Cv Memphis, TN
2 BR | Ask for Availability
Contact
House
18
$947
Dorothy Pl
Memphis, TN
1 BR | Ask for Availability
Contact
22
$900
1753 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
8
$995
215 N Bellevue Blvd
Memphis, TN
2 BR | Ask for Availability
31
$775
189 Auburndale St
189 Auburndale - 195 #16 Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
1
$895
250 N Willet
250 N Willet St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
1
$795
1536 Tutwiler Ave
Memphis, TN
1 BR | Jun. 12, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
12
$750
2 Bed 1 Bath Apartment In Midtown!
147 Stonewall St #06 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,000
Newly Renovated Home In Frayser - Open To Section 8
2201 Gayle Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$895
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$995
1205 Vance
Memphis, TN
3 BR | Available Now
Contact
Storage
Dishwasher
1
$800
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
1
$815
Vsa - Bldg 15
2068 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
7
$595
1297 S Prescott St
Memphis, TN
1 BR | Ask for Availability
Contact
House
13
$699
Cozy 2-bed, 1 Bath Duplex With Unique Touches & Great Vibes!
3639 Allandale Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
10
$995
2370 Larose Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$749
Charming 2-bedroom Brick Home With Bright Character And Natural Light
815 Lucille Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
11
$850
3509 Brantley RD
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
61 - 90 of 419 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 419 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 135 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 1,926 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 3,446 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. South Forum
  2. Voillintine-Evergreen
  3. Downtown Memphis
  4. Mud Island
  5. High Point Terrace

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

Welcome to the May 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 15 30 45 60 <$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 $1,030, with the majority falling between $640 and $1,640. Out of the 4,296 one-bedroom apartments currently on the market in Memphis, 1,856 are priced below $1,000, accounting for 43% 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
430
6
5
4
3
3
In May 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 444 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 May M/M % Change
Memphis, TN 431 +1.0%
Southaven, MS 6 +1.0%
Marion, AR 5 +1.21%
West Memphis, AR 5 +1.16%
Millington, TN 4 +1.0%
Robinsonville, MS 3 +1.0%
Walls, MS 1 +1.12%
Horn Lake, MS 1 +1.0%
Cordova, TN 1 +1.0%
Hernando, MS 1 0.0%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,500
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 93
Pet friendly 661
Utilities included 97
Furnished 46
1 Bedroom 346
2 Bedroom 447
3 Bedroom 112

Where are Memphis Apartments Under $1,000?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Mud island, High point terrace
South Forum 4
Voillintine-Evergreen 3
Downtown Memphis 2
Mud Island 2
High Point Terrace 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