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Apartments Under $1,000 in Memphis, TN

241 - 270 of 407 Results
1
$725
Merton Place
39 North Merton Memphis, TN
1 BR | Available Now
Contact
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
Contact
2
$945
Charming Single-story Home With Front Porch & Fenced Backyard
5387 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$875
585 E Pkwy
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$995
Affordable Housing Close To U Of M & Highland
695 Miles Dr Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
1
$800
East Memphis Duplex For Rent
166 Eastview Dr Memphis, TN
2 BR | Available Now
Contact
House
1
$900
Townhome
3744 Cambridge Sta Memphis, TN
2 BR | Available Now
Contact
House
3
$595
195 Hawthorne
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$995
Renovated House In Quite Neighborhood
3013 Morningside St Memphis, TN
3 BR | Available Now
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House
0
$699 - 759
Coronado Manor
2429 Ketchum Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$905
Welcome To 1532 Barton Street!
1532 Barton St Memphis, TN
2 BR | Aug. 28, 2026
Contact
House
Dishwasher
1
$865
Welcome To 4496 Range Line Road! Half Off First Month Rent!!
4496 Range Line Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$800
3609 Mynders Ave
Memphis, TN
1 BR | Ask for Availability
Contact
1
$895
3 Bed 1 Bath For Rent!!!
3510 Rochester Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$450
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Sep. 18, 2026
Contact
1
$695
525 N Waldran Blvd Unit 4
Memphis, TN
1 BR | Available Now
Contact
1
$985
1st Full Months Rent Free !!! Welcome To 3733 Miami Ave!
3733 Miami Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$850
Section 8 Approved 2/1.5
5193 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
3
$737
1425 Taylor St
Memphis, TN
2 BR | Ask for Availability
Contact
3
$782
1360 E. Alcy
Memphis, TN
1 BR | Ask for Availability
Contact
1
$995
670 Hobbs
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$990
Welcome To 745 Harahan Road!
745 Harahan Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
2
$800
3605 Mynders Ave
Memphis, TN
1 BR | Ask for Availability
Contact
3
$680
Coming Soon: Spanish Mission Bungalow
3771 Sturgeon Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$999
2 Bedroom 1 Bath In Midtown Near Peabody And Cooper
2020 Courtland Pl Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
1
$995
Newly Renovated House On A Quiet Street
1467 Oberle Memphis, TN
4 BR | Available Now
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House
1
$645
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$849 - 999
1306 Carr
1306 Carr Ave Memphis, TN
1 BR | Available Now
Contact
241 - 270 of 407 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 407 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 159 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 2,219 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 3,832 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, 1,932 are priced below $1,000, accounting for 42% 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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