
Apartments for Rent in Memphis, TN Under $1,000 (495 Rentals)


Total Monthly Price
Court Square Apartments

Museum Lofts

Highland Hills

Belvedere Place

Redwood Estates Mobile Home Community

266 Lofts

Total Monthly Price
641 S Rembert St, Unit 641

Number 10 Main

240 Flats
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Melrose Midtown

The Linden

Emerald Square Apartments

Addison Apartments III

Overton Garden Apartments

Hollywood Square

Southern Grove

Village of Sycamore Ridge

High Point Terrace Apartments
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Total Monthly Price
Merton Manor

Southern Place

Abington

Arbors of Century Center

Madison Gardens Apartments

National Rose Co.

The Flats @ Cooper Young

Den Apartments

280 Vance Flats

Deerfield Apartments
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Forrest Cove

The Wendell

Goodbar Townhomes

Peabody Falls Apartments

Art Lofts @ Overton

Total Monthly Price
The Chisca

Conwood Flats Apartment Homes

MAA Southwind

Canterbury Woods Apartments

The Summereast
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.

Hunter Oaks Apartments

Marilyn on Monroe

Hickory Forest

The Biltmore - McAlpin Apartments

Landings At Winchester

Autumn Ridge Apartments

Iris Luxury Apartments

Timberline Flats

Champions Hills at Windyke

Getwell Pointe Apartments
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.
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments Under $1000 | $1,052 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments Under $1000 | $1,153 | $450 | $2,842 |
| Memphis 2 Bedroom Apartments Under $1000 | $1,268 | $562 | $5,900 |
| Memphis 3 Bedroom Apartments Under $1000 | $1,701 | $600 | $4,085 |
| Memphis 4 Bedroom Apartments Under $1000 | $1,350 | $599 | $3,500 |
Browse Top Apartments in Memphis
See all Apartments in MemphisExplore Memphis

Memphis, TN Local Guide
- Memphis Neighborhoods
- Nearby Cities
- ZIP codes
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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!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Memphis, TN Rentals by Map
See the most popular apartments and homes in Memphis, TN
Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 629 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,052.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $450 to $2,842 with an average monthly rent of $1,153.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $562 to $5,900. Today's average rental price for Two Bedrooms here is $1,268.
How expensive are Memphis Three Bedroom Apartments?
There are currently 405 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $600 to $4,085 - averaging $1,701 for the location.
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.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
