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Apartments Under $1,000 in Memphis, TN

31 - 60 of 431 Results
1
$845
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
1
$925
Completely Renovated House In Central Location
406 W Brooks Rd Memphis, TN
2 BR | Available Now
Contact
House
$950
The Wendell
2038-2046 Southern Ave Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Cooper-Young
64
$986 - 1,239
Iris Luxury Apartments
810 Washington Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
4
$750 - 775
1626 Monroe Ave.
1626 Monroe Memphis, TN
1 BR | Jan. 16, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
16
$695 - 849
1938-2006 E Raines/Bonnie
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
4
$950
Peabody Falls
2017 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
29
$688 - 1,264
The Summit Apartments
Deal
4981 Hidden Lake Dr Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
39
$900
Covington Hills
4800 Raleigh Lagrange Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
10
$900
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
8
$916
Senior Living At University Place Apartments
600 S. Sommerville Street Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
14
$994 - 1,073
Highland Row
Deal
395 S Highland St Memphis, TN
1 BR | Mar. 7, 2026
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
19
$995
Townhomes W/ W/d Included! Gated 2 Bed / 1.5 Bath Townhomes Near Shelby Dr!
1500 E Shelby Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
5
$625
Pinebrook Pointe Apartment Homes
3541 Mediterranean Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
11
$850
1353 Vance Ave
1353 Vance Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
13
$1,000
Legends Park Apartments
2.8
198 N Pauline St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
16
$850 - 995
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$900
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
$890 - 950
Getwell Pointe Apartments
2973-3007 Getwell Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
37
$715 - 995
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
49
$790 - 995
Uptown Square Apartments
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
11
$1,000
Quimby Plaza Apartments
Deal
198 N Pauline St Memphis, TN
1 BR | Available Now
Contact
Covered Parking
Surface Parking
Fitness Center
Dishwasher
Pool
74
$950
Idlewild 45
45 S Idlewild St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
22
$979
Foote Park at South City Apartments
Deal
410 S Danny Thomas Blvd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
46
$749 - 2,062
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
4
$795
Parkside Poplar Apartments
1969-1973 Poplar Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
29
$750 - 991
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
25
$929 - 1,834
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
18
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
31 - 60 of 431 Results
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Frequently Asked Questions

How many apartments under $1,000 are available in Memphis, TN on Rentable.co?

There are 431 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 144 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 1,606 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 2,922 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. Voillintine-Evergreen
  2. South Forum
  3. New Chicago
  4. Cooper-Young
  5. Downtown Memphis

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

Welcome to the January 2026 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the January 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 12 25 37 50 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,100, with the majority falling between $630 and $1,700. Out of the 3,599 one-bedroom apartments currently on the market in Memphis, 1,537 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
West Memphis, AR
Marion, AR
Southaven, MS
Robinsonville, MS
389
7
6
6
3
In January 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 458 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 January M/M % Change
Memphis, TN 390 +0.95%
West Memphis, AR 8 +1.0%
Marion, AR 6 +1.07%
Southaven, MS 6 +1.0%
Robinsonville, MS 3 +1.0%
Millington, TN 3 +0.4%
Walls, MS 3 +1.29%
Cordova, TN 1 +1.0%
Horn Lake, MS 1 +1.0%
Bartlett, TN 0 +1.33%

Looking for Apartments Under $1,000 in Memphis?

Available apartments under $1,000 5,027
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 92
Pet friendly 523
Utilities included 87
Furnished 44
1 Bedroom 308
2 Bedroom 365
3 Bedroom 124

Where are Memphis Apartments Under $1,000?

Top Neighborhoods Voillintine-evergreen, South forum, New chicago, Cooper-young, Downtown memphis
Voillintine-Evergreen 6
South Forum 3
New Chicago 3
Cooper-Young 3
Downtown Memphis 2
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