
Homes for Rent in Memphis, TN Under $1,000 (231 Rentals) Page 2 of 5


5197 Chantilly Dr

4450 Sunny View Dr

703 Dickinson St

585 E Parkway S, Unit 3

1819 Wells Station Rd

1261 Central Ave, Unit 4

1620 Britton St

1618 Britton St

2066 Benton St
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.

985 Marble Ave

3528 Bowen Ave

2226 Durham Ave

942 Frayser Cir

3982 Overton Crossing St

2628 Lowell Ave

1116 N Holmes St

83 Eastview Dr

2053 Linden Ave, Unit 4

1882 E Person Ave
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.

3560 Stuart Rd

6772 Quail Hollow Ct

6687 Whispering Oak Pl

679 Leath St

2601 Kenner Ave

1008 Walk Rd

5312 Plover Dr

1830 Eldorado St

3577 Weaver Rd

527 Diana St

407 Argo Ave

997 Meda St

3774 University St

905 Parkhaven Ln

901 Restbrook Ave

598 Orchard Ave

155 N Auburndale St

1558 Tayner St

156 S Pkwy E

961 Joseph Pl

481 Marianna St

4200 Arrow Rd

673 W Raines Rd

3117 Yale Ave

4374 Deborah Ave

528 E Pkwy N, Unit 9

3741 Rainford Dr

1590 Latham St

1191 N Graham St

3451 Tutwiler 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 | $1,118 | $550 | $2,800 |
| Memphis 3 Bedroom Homes for Rent | $1,606 | $725 | $3,900 |
| Memphis 4 Bedroom Homes for Rent | $2,031 | $795 | $4,650 |
| Memphis 5 Bedroom Homes for Rent | $2,763 | $1,000 | $5,995 |
| Memphis 6 Bedroom Homes for Rent | $3,472 | $2,945 | $4,000 |
Browse Top Homes for Rent in Memphis
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Frequently Asked Questions about Memphis
What type of rentals are currently available in Memphis?
There are currently 1872 Apartments for Rent in Memphis, TN with pricing that ranges from $525 to $8,799. There are also 1493 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memphis ranging from $550 to $5,995.
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 $5,995 with an average monthly rent of $1,632.
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 $639 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,900. Four Bedroom Single-Family rentals are also available starting from $795 and Four Bedroom Apartments start at $550.
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

Memphis, Tennessee: A Local Expert's 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.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.