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Apartments Under $1,000 in Memphis, TN

121 - 150 of 418 Results
5
$825
1278 Saxon Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
5
$699
1614 Via Roma
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
27
$599
1761 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
21
$1,000
795 Roanoke Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$995
Cozy Single-story 3-bedroom Home With Hardwood Floors & Fenced Yard
2927 Gruber Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
7
$699
1663 Dena Dr
Memphis, TN
1 BR | Available Now
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House
0
$785 - 975
Epping Way
Deal
2690 Drury Way Ln Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
5
$995
4700 Berta RD
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
10
$695
2922 Hale Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
5
$995
1596 Hope St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
8
$975
3 Bed 1 Bath For Rent!!
681 Northaven Dr Memphis, TN
3 BR | Ask for Availability
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House
5
$999
1633 Dena Dr
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
House
22
$1,000
1213 Alder Dr
Memphis, TN
1 BR | Jun. 1, 2026
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Dog Friendly
Cat Friendly
House
16
$975
3161 Josibpet Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Air Conditioning
12
$750
2 Bed 1 Bath Apartment In Midtown!
147 Stonewall St #06 Memphis, TN
2 BR | Available Now
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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
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House
1
$895
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$895
250 N Willet
250 N Willet St Memphis, TN
1 BR | Available Now
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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
31
$775
189 Auburndale St
189 Auburndale - 195 #16 Memphis, TN
1 BR | Jul. 17, 2026
Contact
Dog Friendly
Cat Friendly
0
$750 - 975
Country View
Deal
3990 Stephanie Ln Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
11
$995
3430 Shiloh St
Memphis, TN
3 BR | Available Now
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Cat Friendly
House
1
$800
Under Repair
1214 Wilson St Memphis, TN
2 BR | Available Now
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House
3
$750
147 Stonewall St
Memphis, TN
2 BR | Jun. 19, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$700 - 795
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$815
Vsa - Bldg 15
2068 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
10
$995
2370 Larose Ave
Memphis, TN
2 BR | Available Now
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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
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Dog Friendly
Cat Friendly
House
1
$895
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
121 - 150 of 418 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 418 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 1,925 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
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