""
Please provide a location to search for

Apartments for Rent in Memphis, TN under $1000 – 155 Rentals available

Filter
Sort
Save

Memphis, TN Demographics

  • Total Population651,932
  • Female 308,460
    Male 343,472
  • Median Age34

Average Rent in Memphis, TN

  • Memphis, TN Average Rental Price, October 2020 $856 /mo

    Memphis, TN Apartment Rent Ranges

    • < $5004%
    • $501-$70037%
    • $701-$1,00034%
    • $1,001-$1,50021%
    • $1,501-$2,0003%
    • > $2,0001%

    Memphis, TN Rent Trends

    Average Rent Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Oct / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Oct / 2020
    Memphis, TN $743 $747 $772 $785 $787 $806 $809 $815 $825 $845 $856
    National $1,378 $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
    /

    Check out the average rent prices in Memphis by neighborhood.

    Memphis, TN Households

    • Total Number of Households251,732
    • Family 142,433
      Non-family 109,299
    • Children 73,285
      No Children 178,447
    • Average People Per Household2.53
    • Median Household Income$41,228
    • Median Housing Costs Per Month$909

    Memphis, TN Education Statistics

    • No High School5%
    • Some High School41%
    • Some College25%
    • Associate Degree5%
    • Bachelor Degree15%
    • Graduate Degree9%

    The best apartments in Memphis, TN under $1,000

    We know that comfort and convenience are essential elements to your well-being, and that is why we selected the best apartments for rent in Memphis, TN. The monthly rent does vary on the property type, but you can find cheap luxury apartments listed for up to $1,758. Exclusively designed to satisfy your needs, these modern apartments include high-level amenities and a décor designed to provide the utmost in convenience. Offering quality living and comfort, our stylish apartments for less than $1,000 present a unique lifestyle for anyone who is looking to take it to the next level.

    How to find the best rental near you

    If searching for your perfect apartment gets a little bit too overwhelming, use the RENTCafé filters and you’ll find something for your taste. If you’d rather sacrifice space for a good location, search for a studio or a 1-bedroom apartment in one of the city’s top-rated neighborhoods. If you want to share or if you need more space, choose from our selection of spacious 2-bedroom or 3-bedroom apartments. Asking yourself “how do I find desirable apartments near me?” is quite a challenge, but RENTCafé can help by making your apartment search an enjoyable experience. Make the most of your money by selecting whatever you consider suitable, knowing that the apartments come with thoughtful amenity packages and are located in well-maintained, modern buildings.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!