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Apartments Under $1,000 in Memphis, TN

181 - 210 of 418 Results
0
$985
Welcome To 3990 Ashview Cove!
3990 Ashview Cv Memphis, TN
2 BR | Available Now
Contact
Fireplace
1
$895
Updated 2 Bedroom 1.5 Bath Townhome - Open To Section 8 - $99 Move In Special
5193 Flowering Peach Dr Memphis, TN
2 BR | Available Now
Contact
House
1
$845
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
2 BR | Available Now
Contact
House
1
$695
Beautifully Renovated 2 Bedroom Apartment - Open To Section 8
519 Simpson Ave #2 Memphis, TN
2 BR | Available Now
Contact
House
1
$975
985 Marble Ave
Memphis, TN
2 BR | Available Now
Contact
House
1
$940
Welcome To 3572 Suzanne Dr!
3572 Suzanne Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$550
Charming 1 Bed / 1 Bath Duplex In Memphis – Convenient & Affordable Living
2077 Lowell Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$995
2370 Larose Ave --1st Month's Rent Free!!
2370 Larose Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$875
Raleigh Living: Updated 2-bedroom With Modern Finishes
2789 Beverly Hills Rd #8 Memphis, TN
2 BR | Available Now
Contact
House
1
$995
3430 Shiloh Dr -- Half Off First Month's Rent!
3430 Shiloh St Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
1
$865
Welcome To 2551 Dakar Ave!
2551 Dakar Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$750
1513 Ragan St
Memphis, TN
2 BR | May. 22, 2026
Contact
House
0
$910
Welcome To 3677 Hillbrook Road!
3677 Hillbrook Rd Memphis, TN
2 BR | Available Now
Contact
0
$825
Welcome To 2970 Hale Ave! Move-in Special
2970 Hale Ave Memphis, TN
2 BR | Available Now
Contact
1
$725
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
1
$795
Charming 3 Bedroom 1 Bath | Open To Section 8 - $99 Move In Special
1436 Maplewood St Memphis, TN
3 BR | Available Now
Contact
House
1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
Contact
1
$985
Peabody Station Apartments
1170 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$850
1800 Mc Millan St
Memphis, TN
2 BR | Available Now
Contact
House
1
$950
Single-family Rental
3329 Madewell Dr Memphis, TN
2 BR | Available Now
Contact
House
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
1
$550
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
Contact
1
$995
310 Jones St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$695
Charming 2 Bedroom 1 Bath Duplex - Open To Section 8
1463 Boxwood St Memphis, TN
2 BR | Available Now
Contact
House
0
$965
Welcome To 2045 Lamar Ave!
2045 Lamar Ave Memphis, TN
2 BR | Available Now
Contact
1
$895
744 Lester St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$679 - 749
Scenic Hills
3108 New Allen Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$715 - 769
Camelot Manor
3167 Ashwood St Memphis, TN
1 - 2 BR | Available Now
Contact
1
$985
Charming 3br Home – Open To Section 8
3172 Woodrow St Memphis, TN
3 BR | Available Now
Contact
House
0
$975
Welcome To 3546 Christine Road!
3546 Christine Rd Memphis, TN
2 BR | Available Now
Contact
Dishwasher
Fireplace
181 - 210 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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