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Apartments Under $1,000 in Memphis, TN

241 - 270 of 418 Results
1
$775
820 Maury St
Memphis, TN
1 BR | Available Now
Contact
Voillintine-Evergreen
1
$965
Welcome To 453 Fox Valley Drive!
453 Fox Valley Dr Memphis, TN
3 BR | Jun. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$965
Welcome To 2977 N Radford Road!
2977 N Radford Rd Memphis, TN
2 BR | May. 25, 2026
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Dog Friendly
Cat Friendly
House
1
$750
Recently Renovated Efficiency Apartment In Midtown
1279 Carr Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$450
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Available Now
Contact
1
$995
Well-maintained 2br/1.5ba Duplex Units With Central Hvac – Memphis - Open To Section 8
3753 Ironwood Dr Memphis, TN
2 BR | Available Now
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House
1
$495
Freshly Painted Apartment In Memphis
1499-1501 N Merton St Memphis, TN
2 BR | Ask for Availability
Contact
1
$695
Renovated 2 Bdrm 1 Bath | Duplex | Open To Section 8 | $99 Move In Special
1919 Farrington St Memphis, TN
2 BR | Available Now
Contact
House
2
$995
Half Off The First Months Rent! Freshly Renovated 2 Bedroom Apartment In High Point Terrace!
3525 Barwood Cir Memphis, TN
2 BR | Jun. 19, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
High Point Terrace
1
$925
Charming 2 Bedroom, 1 Bathroom Duplex
3179 Jackson Ave Memphis, TN
2 BR | Available Now
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House
1
$940
Welcome To 2302 Alameda Ave! Full First Month Free!
2302 Alameda Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$645
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
0
$750
Welcome To 1425 Todds Creek Cove!
1425 Todds Creek Cv Memphis, TN
2 BR | Available Now
Contact
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
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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
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Cat Friendly
House
1
$865
Welcome To 2551 Dakar Ave!
2551 Dakar Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$750
1513 Ragan St
Memphis, TN
2 BR | May. 22, 2026
Contact
House
1
$825
1278 1280 Saxon Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
0
$699 - 775
Eden Pointe
4427 Knight Arnold Rd Memphis, TN
1 - 2 BR | Available Now
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1
$999
The Marilyn On Monroe
1639 Monroe Ave Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Central Gardens
0
$695
Available Now: Charming 2 Bed, 1.5 Bath Duplex Home!
5190 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$845
1776 Brown Ave
Memphis, TN
2 BR | Ask for Availability
Voillintine-Evergreen
1
$699
1616 Via Roma
Memphis, TN
1 BR | Available Now
Contact
House
3
$948
Spanish Mission Bungalow With Backyard Oasis And Bonus Studio Space
3771 Sturgeon Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
1
$795
3173-3175 Jackson Ave
Memphis, TN
2 BR | Ask for Availability
Contact
241 - 270 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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