Top Rated Apartments for Rent in Memphis, TN Under $1,000 (32 Rentals)

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Apartments in Memphis with the best features, newest construction, and richest amenities.

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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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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Radio Center Flats
1 to 2 Bedroom Apartments

Radio Center Flats

66 S Main StMemphis, TN 38103
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Patterson Flats
1 to 3 Bedroom Apartments

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Lyons Ridge Apartments
1 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
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The Embassy Apartments
Studio to 3 Bedroom Apartments

The Embassy Apartments

505 S Perkins RdMemphis, TN 38117
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Inland Suites Lamar
1 Bedroom Apartments

Inland Suites Lamar

3913 Lamar AveMemphis, TN 38118
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Crescent Bluff II
1 to 2 Bedroom Apartments

Crescent Bluff II

10 E Virginia AveMemphis, TN 38106
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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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Pulse
Studio to 2 Bedroom Apartments

Pulse

57 N Somerville StMemphis, TN 38104
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Nine At Memphis
2 to 4 Bedroom Apartments

Nine At Memphis

3565 Mynders AveMemphis, TN 38111
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610 Poplar Ave
Studio Apartments

610 Poplar Ave

610 Poplar AveMemphis, TN 38105
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Broadway Terrace
3 Bedroom Apartments

Broadway Terrace

303 Elizabeth LnWest Memphis, AR 72301
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Villas of West Memphis
1 to 2 Bedroom Apartments

Villas of West Memphis

141 W JacksonWest Memphis, AR 72301
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The Ridge at West Memphis
1 to 4 Bedroom Apartments

The Ridge at West Memphis

210 W Jackson AveWest Memphis, AR 72301
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Barrington Woods Townhomes
1 to 3 Bedroom Apartments

Barrington Woods Townhomes

804 Barrington Woods CvSouthaven, MS 38671
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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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Showing Results 1-32, Page 1 of 1

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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Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Memphis

How much are Studio apartments in Memphis?

There are currently 643 Studio Apartments in Memphis with rent ranges from $550 to $1,888 with an average price of $3,329.

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 $525 to $16,500 with an average monthly rent of $1,180.

What does renting a Two Bedroom Apartment in Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $613 to $5,900. Today's average rental price for Two Bedrooms here is $1,316.

How expensive are Memphis Three Bedroom Apartments?

There are currently 385 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $759 to $5,423 - averaging $1,701 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.