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2851 N Houston Levee Road, Cordova, TN 38016$970 - $1,220
- 1-3 Beds
- 1-2 Baths
Available Today! -
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3048 Moriah Trail, Memphis, TN 38115$550 - $1,175
- 1-2 Beds
- 1-2.5 Baths
Available Today! -
1730 Hunters Trace Dr, Memphis, TN 38120$822 - $1,688
- 1-2 Beds
- 1-2 Baths
Available Today! -
2778 Pickering Drive, Memphis, TN 38115$540 - $820
- 1-3 Beds
- 1-2 Baths
Available Today! -
8546 Prestine Loop, Cordova, TN 38018See current rent specials$974 - $1,433
- 1-3 Beds
- 1-2 Baths
Available Today! -
2154 Meadow Glade Lane, Memphis, TN 38134$714 - $829
- 1-2 Beds
- 1-2 Baths
Available Today! -
70 S 4Th St., Memphis, TN 38103$817 - $3,342
- Studio-3 Beds
- 1-2 Baths
Available Today! -
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9940 Paddle Wheel Ln, Cordova, TN 38016See current rent specials$810 - $1,265
- 1-3 Beds
- 1-2 Baths
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8037 Waterford Circle, Memphis, TN 38125$970 - $2,075
- 1-3 Beds
- 1-2 Baths
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Home1492 Oaklawn Street, Memphis, TN 38114$885
- 4 Beds
- 2 Baths
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Home3211 Morningview Drive, Memphis, TN 38118$915
- 3 Beds
- 2 Baths
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Home
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Memphis, TN Demographics
- Total Population654,723
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Female 311,133Male 343,590
- Median Age33.7
Average Rent in Memphis, TN
- Memphis, TN Average Rental Price, May 2019$812/mo
Memphis, TN Apartment Rent Ranges
- < $50010%
- $501-$70036%
- $701-$1,00033%
- $1,001-$1,50018%
- $1,501-$2,0003%
- > $2,0001%
Memphis, TN Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | May / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Memphis, TN | $733 | $743 | $752 | $753 | $767 | $767 | $765 | $769 | $812 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average rent is projected to grow by 2% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 3801638018381033810438105381063810738108381093811138112381143811538116381173811838119381203812238125381263812738128381313813238133381343814138152
Check out the average rent prices in Memphis by neighborhood.
Memphis, TN Households
- Total Number of Households250,259
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Family 144,263Non-family 105,996
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Children 75,502No Children 174,757
- Average People Per Household2.55
- Median Household Income$38,230
- Median Housing Costs Per Month$881
Memphis, TN Education Statistics
- No High School5%
- Some High School41%
- Some College25%
- Associate Degree5%
- Bachelor Degree15%
- Graduate Degree9%
Search for apartments in Memphis, TN under $1,000
There’s more than one way to spend $1,000 on rent in Memphis, TN, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,000 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.
The perfect $1,000 rental near you
Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Memphis, TN. Customize your search by using more RENTCafé filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 79 apartments for rent below $1,000 in Memphis, TN for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.