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Apartments Under $1,000 in Memphis, TN

151 - 180 of 418 Results
8
$555 - 835
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$685 - 1,005
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
1
$895
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
0
$840 - 900
Cedar Run
5958 E Point Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
5
$699
1628 Via Roma
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
House
1
$875
2051 Peabody Ave
2051 Peabody St Memphis, TN
1 BR | Available Now
Contact
Storage
1
$675 - 695
148 Stonewall Pl
Memphis, TN
1 BR | May. 21, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
23
$975
703 N 3rd St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$750 - 975
Country View
Deal
3990 Stephanie Ln Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
11
$995
3430 Shiloh St
Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
13
$995
1717 Dellwood Ave
Memphis, TN
2 BR | Ask for Availability
Contact
House
5
$999
1629 Dena Dr
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
9
$975
3 Bed 1 Bath For Rent!!
5280 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
5
$850
1304 Snowden Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$809
3017 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
14
$995
Charming 3-bedroom Single-story Home With Fenced Yard & Storage Shed
5221 Braden Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
21
$1,000
795 Roanoke Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
7
$699
1663 Dena Dr
Memphis, TN
1 BR | Available Now
Contact
House
0
$785 - 975
Epping Way
Deal
2690 Drury Way Ln Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
5
$995
1596 Hope St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$975
3 Bed 1 Bath For Rent!!
681 Northaven Dr Memphis, TN
3 BR | Ask for Availability
Contact
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
Contact
Dog Friendly
Cat Friendly
House
16
$975
3161 Josibpet Ln
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Air Conditioning
1
$595
1435 Madison Ave.
1435 Madison Ave #5 Memphis, TN
Studio | Available Now
Contact
0
$699 - 729
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1537 Standridge St Memphis, TN
2 BR | Available Now
Contact
House
1
$950
720 Frayser Dr
Memphis, TN
2 BR | Available Now
Contact
House
1
$965
Welcome To 4496 Range Line Road!
4496 Range Line Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
151 - 180 of 418 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 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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