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Apartments for Rent in Memphis, TN under $1000

545 Rentals Available
  • a living room filled with furniture and a table and chairs
    Today

    410 South Danny Thomas Blvd, Memphis, TN 38126
    Income Restricted
    1 BED $979
  • A tree in a yard with a house in the background.
    7
    Today

    839 LYDGATE, MEMPHIS, TN 38116
    STUDIO $750
  • a white house with green shutters and a red door
    38
    Today

    3625 Bowen Avenue, Memphis, TN 38122
    3 BEDS $1,000
  • a small brick house with a blue door
    28
    Today

    4672 Given Avenue, Memphis, TN 38122
    2 BEDS $950
  • a small white house with a dog sitting on the steps
    30
    Today

    4408 Jamerson Road, Memphis, TN 38122
    2 BEDS $875
  • A kitchen with wooden cabinets and a white fridge.
    Today

    3500 Westline Drive, Memphis, TN 38128
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • A small house with a yellow roof and stone walls.
    Today

    262 Chelsea Ave., Memphis, TN 38107
    1 BED $300
    2 BEDS $550+
    3 BEDS $615+
  • a living room with a couch and a window
    Today

    3707 Pershing Park Drive, Memphis, TN 38127
    Income Restricted
    2 BEDS Ask for Pricing
  • A living room with a blue couch and a wooden table.
    Today

    2801 Raja Drive, Memphis, TN 38127-7919
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • our apartments have a playground for kids to play
    Today

    5459 Hudgins Road, Memphis, TN 38116
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • A kitchen with wooden cabinets and a white refrigerator.
    Today

    2848 Green Terrace Drive #1, Memphis, TN 38127-8118
    Income Restricted
    1 BED Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room with a couch and a table
    Today

    1045 E.H. Crump Blvd, Memphis, TN 38104
    Income Restricted
    1 BED $953
  • a row of brick apartment buildings on a grass yard
    Today

    994 N. Watkins St., Memphis, TN 38107
    Income Restricted
    2 BEDS Ask for Pricing
  • a small brick building with a front door
    Today

    4302 Creekwood Drive, Memphis, TN 38128
    Income Restricted
    1 BED Ask for Pricing
  • a playground with a slide and other toys in a park
    Today

    281 Johnson Circle West, Memphis, TN 38112
    Income Restricted
    3 BEDS Ask for Pricing
  • a brick building with a satellite dish on the roof
    Today

    3250 Shannon Cirlce, Memphis, TN 38118
    Income Restricted
    2 BEDS Ask for Pricing
  • a small brick house with a sidewalk in front of it
    9
    Today

    4215 Coventry Drive, Memphis, TN 38127
    STUDIO $700
  • A black and white checkered floor in a kitchen with white cabinets and a stainless steel refrigerator.
    Today

    1508 Madison Ave, Memphis, TN 38104
    1 BED $860
  • A living room with a grey couch, a wooden cabinet, a black door, and a painting on the wall.
    Today

    1043 Whitaker Dr, Memphis, TN 38116
    2 BEDS $900
  • A living room with a grey couch, a wooden cabinet, a black door, and a painting on the wall.
    Today

    1043 Whitaker Dr, Memphis, TN 38116
    1 BED $800
  • A dining room with a white table and chairs.
    Today

    1735 Delano Ave, Memphis, TN 38127
    2 BEDS $799
  • A dining room with a white table and chairs.
    Today

    1735 Delano Ave, Memphis, TN 38127
    1 BED $699
  • A kitchen with white cabinets and a black stove top oven.
    Today

    3484 Vernon Ave, Memphis, TN 38122
    2 BEDS $925
  • A living room with a brown leather couch and a wooden floor.
    Today

    3398 Carrington Rd, Memphis, TN 38111
    2 BEDS $950
  • A kitchen with white cabinets and a marble countertop.
    Today

    3992 Ridgedale St, Memphis, TN 38127
    3 BEDS $1,000
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You viewed 412 of 545 rentals.

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Getting around in Memphis, TN

54 /100
Somewhat Walkable
34 /100
Some Transit
43 /100
Somewhat Bikeable
Walk Score®: 54, Transit Score®: 34, Bike Score®: 43

Frequently asked questions

When were prices and availability in Memphis, TN last updated?

Prices and availability in Memphis, TN were last updated on 19 Nov 2025.

What are the best apartments in Memphis, TN?

The best apartments in Memphis, TN are: Metro67, Parcels at Concourse, Madison Shelby Farms, The Edge of Germantown and The Summit Apartments.

What type of rental buildings are in Memphis, TN?

In Memphis 54% of the housing is rented out compared to 46% of homes are owned, according to the most recent Census Bureau estimates. 10% of Memphis’s apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.

Your search for apartments in Memphis, TN under $700 stops here

Finding apartments for rent in Memphis, TN for less than $700 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 91 available units in Memphis, TN, renting for under $700. On average, $809 can get you 867 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $700” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $700 in Memphis, TN goes for $300 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.

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