1 Bedroom Apartments for Rent in Memphis, TN Under $500(19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Watkins Manor Apartments
from $3501 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
View Details
close
View Me
321 Pauline St Apartments
from $3951 Bedroom Apartments

321 Pauline St

321 Pauline StMemphis, TN 38104
View Details
close
View Me
Carriage House Apartments
from $4191 Bedroom Apartments

Carriage House

1145 Frayser BlvdMemphis, TN 38127
View Details
close
View Me
Sterling Townhomes
from $4651 Bedroom Apartments

Sterling Townhomes

4187 Rainbranch DrMemphis, TN 38116
View Details
close
View Me
Dogwood Trace Apartments
from $4991 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
View Details
close
View Me
2238 Howell Ave Apartments
from $5001 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
View Details
close
View Me
Lapaloma Apartments
from $5001 Bedroom Apartments

Lapaloma Apartments

1393 Lapaloma CirMemphis, TN 38114
View Details
close
View Me
Ivy Chase Apartments
from $4501 Bedroom Apartments

Ivy Chase Apartments

3130 S Mendenhall RdMemphis, TN 38115
View Details

Memphis, TN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about 1 Bedroom Memphis Apartments

What is the Cheapest apartment in Memphis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Memphis is at Sonesta Simply Suites Memphis - Extended Stay listed at $85.

How much is the average rent for a 1 Bedroom Memphis Apartment?

The average rent for a 1 Bedroom Apartment in Memphis is $1,270.

What is the largest available 1 Bedroom Memphis Apartment for rent?

Today's apartment with the most square footage in Memphis is a 908 square feet unit starting from $2,199 at Elements on Third.

What is the average size for Memphis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Memphis is currently 710 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print. While most leases...

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process. While fees will range depending on...

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting  article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new...

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in...