1 Bedroom Apartments for Rent in Memphis, TN Under $700 (89 Rentals)

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Rehab/QCT
1 Bedroom Apartments

Rehab/QCT

3250 Guernsey AveMemphis, TN 38112
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165 N Merton
1 Bedroom Apartments

165 N Merton

165 N Merton StMemphis, TN 38112
Student Housing
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Watkins Manor
1 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
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321 Pauline St
1 Bedroom Apartments

321 Pauline St

321 Pauline StMemphis, TN 38104
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Carriage House
1 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Valley Forge
1 Bedroom Apartments

Valley Forge

176 Hillview AveMemphis, TN 38109
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Sterling Townhomes
1 Bedroom Apartments

Sterling Townhomes

1903 E Raines RdMemphis, TN 38116
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Dogwood Trace
1 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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2238 Howell Ave
1 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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Campus View
1 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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Showing Results 1-50, Page 1 of 2

Memphis, TN Local Guide

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Memphis, TN Rentals by Map

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See the most popular apartments and homes in Memphis, TN

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Frequently Asked Questions about 1 Bedroom Memphis Apartments

What is the Cheapest apartment in Memphis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Memphis is at Redwood Estates Mobile Home Community listed at $485.

How much is the average rent for a 1 Bedroom Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Memphis is $1,154.

What is the largest available 1 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 1,263 square feet unit starting from $2,633 at The Water Tower District at Schilling Farms.

What is the average size for Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Memphis is currently 857 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.