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Apartments Under $1,000 in Memphis, TN

1 - 30 of 296 Results
12
$950 - 975
King's Reserve Memphis - 55+ Senior
1550 N Pkwy Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
5
$1 - 900
Greenbriar Apartments
Deal
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
2
$845 - 985
Azure Place
Deal
3896 Chippewa Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
10
$835 - 930
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
27
$818 - 928
The Park at Forest Hill
Deal
8285 Irene Boulevard Memphis, TN
1 BR | Jul. 4, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
32
$875
Hilldale Apartments
3500 Westline Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
46
$854 - 1,576
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
35
$975
The Park at Paisley
4.2
3315 Ridgeway Road Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
17
$825 - 1,000
The Park at New Castle
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
12
$1,000
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
11
$925
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio | Ask for Availability
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$775 - 975
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
26
$956 - 1,827
The Junction
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
22
$850 - 995
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
33
$760 - 975
Hickory Grove
4.2
6277 Lake Arbor Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
28
$1,000 - 1,250
266 Lofts
2.6
266 S Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
20
$691 - 935
Foote Park At South City
521 Vance Park Place Memphis, TN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
19
$975
4448 Powell Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
13
$559 - 739
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
2 - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
4
$825
Beverly Springs
2879 Beverly Hill St Memphis, TN
2 BR | Available Now
Contact
Storage
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
13
$775 - 915
Jefferson Place Apartments
3.8
560 S. Jefferson Place Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
7
$750
Woodtrail Apartments
3602 Spottswood Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
11
$715 - 900
Uptown Square
252 North Lauderdale Street Memphis, TN
Studio - 1 BR | Available Now
Contact
Section 8
In Unit Laundry
Fitness Center
Dishwasher
10
$795
The Historic Almadura
Deal
2.5
175 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
24
$710 - 845
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
12
$995
The Patterson Station Townhomes
611 Patterson Memphis, TN
2 BR | Aug. 12, 2024
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
6
$925
Idlewild Terrace
34-38 N Idlewild Memphis, TN
1 BR | May. 13, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
1 - 30 of 296 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 296 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 77 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 1,066 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 2,270 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. Cooper-Young
  2. Voillintine-Evergreen
  3. Downtown Memphis
  4. South Forum
  5. Mud Island

Apartments Under $1,000 in Memphis, TN: May Rental Information

Welcome to the May 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $950, with the majority falling between $550 and $1,580. Out of the 2,065 one-bedroom apartments currently on the market in Memphis, 1,020 are priced below $1,000, accounting for 49% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,000: Memphis vs. Surrounding Areas

Memphis, TN
Southaven, MS
Cordova, TN
Robinsonville, MS
294
5
3
3
In May 2024, 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 325 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 295 +1.02%
Southaven, MS 5 +1.0%
Cordova, TN 3 +1.05%
Robinsonville, MS 3 +1.0%
West Memphis, AR 2 +1.28%
Germantown, TN 2 +1.0%
Walls, MS 2 +1.0%
Marion, AR 1 +0.67%
Olive Branch, MS 1 0.0%
Horn Lake, MS 1 +1.0%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 3,612
Top amenities On Site Laundry, Refrigerator, Garbage Disposal, Pool, Range / Oven
Deals 72
Pet friendly 558
Utilities included 130
Furnished 45
1 Bedroom 279
2 Bedroom 360
3 Bedroom 70
Square footage 357 - 1,291

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Cooper-young, Voillintine-evergreen, Downtown memphis, South forum, Mud island
Cooper-Young 2
Voillintine-Evergreen 2
Downtown Memphis 1
South Forum 1
Mud Island 1
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