
Homes for Rent in Memphis, TN Under $1,000 (216 Rentals) Page 2 of 5


453 Fox Valley Dr

93 Eastview Dr

996 S Highland St

2261 Alameda Cove

738 Buntyn St

488 Ellsworth St

4334 Melwood St

1191 N Graham St

2718 Marlene St
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.

795 Roanoke Ave

5492 Apple Blossom Dr

804 Columbia St

692 Hudson St

1612 May St

524 S Greer St

1008 Walk Rd

2601 Kenner Ave

6209 Summer Hills Cir, Unit 1

4346 Falcon Dr

3717 Deerwood Cove

852 Ioka Ave

720 Frayser Dr

2812 Amsden Ave

2227 Clarksdale Ave

3646 Spottswood Ave

632 Harahan Rd

3572 Suzanne Dr

2045 Lamar Ave

1397 N Graham St

4169 Double Tree St

4077 Forest View Dr

2206 Hillside Ave

3491 Guernsey Ave

657 Watson St

1066 Greenlaw Ave

3117 Yale Ave

703 N 3rd St

3509 Arnold Rd

925 Frayser Cir

4496 Range Line Rd

1137 Whitaker Dr, Unit Garden View - 2 Bedroom

3430 Shiloh Dr

3438 Spottswood Ave

528 E Pkwy N, Unit 9

2901 Elbert Dr

682 BOSTON St

629 E Trigg Ave

2954 Carrington Rd

3703 Fairoaks Ave
Memphis, TN Local Guide

How much does it cost to rent a home in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis 2 Bedroom Homes for Rent | $1,244 | $575 | $3,840 |
| Memphis 3 Bedroom Homes for Rent | $1,643 | $750 | $3,400 |
| Memphis 4 Bedroom Homes for Rent | $2,069 | $895 | $6,000 |
| Memphis 5 Bedroom Homes for Rent | $3,104 | $1,095 | $7,500 |
| Memphis 6 Bedroom Homes for Rent | $3,197 | $2,100 | $4,495 |
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1882 Apartments for Rent in Memphis, TN with pricing that ranges from $450 to $7,985. There are also 1857 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $7,500.
What is the current price range for Rental Homes in Memphis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Memphis ranges from $550 to $7,500 with an average monthly rent of $2,031.
How much are larger Three and Four Bedroom Rentals in Memphis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Memphis range from $650 to $4,029, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,400. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $599.
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
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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

The Local Memphis Experts Guide to Renting Near the Citys Top Employers
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Memphis, Tennessee: A Local Experts Insider Guide to the Bluff City
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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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.