Apartments Under $1,200 in Memphis, TN

1 - 30 of 482 Results
46
$848 - 2,051
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
32
$875 - 1,067
3500 Westline Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
27
$769 - 1,090
8285 Irene Boulevard Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
2
$845 - 1,155
3896 Chippewa Rd Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
10
$835 - 930
6301 Village Grove Dr Memphis, TN
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
5
$1 - 900
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
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Air Conditioning
Surface Parking
10
$1,128 - 1,364
198 N Pauline St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
Balcony/Deck/Patio
27
$1,105 - 1,557
1045 East Eh Crump Blvd Memphis, TN
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
17
$1,029 - 1,199
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Pool
17
$825 - 1,200
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
26
$832 - 2,156
3341 Southern Ave Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
35
$1,005 - 1,195
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
22
$850 - 1,155
6555 North Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
31
$1,100 - 1,180
366 S Highland St Memphis, TN
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
3
$1,071
5228 Whistling Duck Dr Memphis, TN
3 BR | Jun. 11, 2024
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Dog Friendly
Cat Friendly
Income Restricted
Balcony/Deck/Patio
Dishwasher
1
$1,166
216 Wesley Forest Place North Memphis, TN
4 BR | May. 25, 2024
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Income Restricted
Air Conditioning
Covered Parking
Surface Parking
Dishwasher
12
$950 - 1,155
1550 N Pkwy Memphis, TN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
13
$999
272 S. Main St Memphis, TN
Studio | Ask for Availability
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
33
$760 - 1,049
6277 Lake Arbor Drive Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
9
$1,100
130 S Front St Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$925 - 1,100
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$775 - 1,100
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
19
$691 - 1,045
521 Vance Park Place Memphis, TN
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
28
$1,000 - 1,250
2.6
266 S Front St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$1,000
125 Gayoso Ave Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
11
$670 - 700
Memphis, TN
1 - 2 BR | Available Now
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Storage
5
$825
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
15
$999
1571 Galloway Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
19
$975
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
9
$985
Memphis, TN
2 BR | Jun. 3, 2024
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1 - 30 of 482 Results
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  2. Memphis
  3. Apartments Under $1,200

Apartments Under $1,200 in Memphis, TN: May Rental Information

Welcome to the January 2023 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the January 2023 key findings and figures for the Memphis rental landscape.

Our experts analyze the inventory trends for apartments under $1,200 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Memphis and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $1,200 in Memphis.
0 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 >$1,520
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $940, with the majority falling between $550 and $1,600. Out of the 2,153 one-bedroom apartments currently on the market in Memphis, 1,300 are priced below $1,200, accounting for 60% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,200: Memphis vs. Surrounding Areas

Memphis, TN
Horn Lake, MS
Southaven, MS
Cordova, TN
Robinsonville, MS
426
7
6
3
3
The chart above provides an overview of the number of available apartments under $1,200 in Memphis, TN and its surrounding cities as of May, 2024. These cities include West Memphis, Southaven, Olive Branch, Germantown, Lakeland, Millington, Munford, Arlington, Piperton, Bartlett, Collierville, Hernando, Marion, Robinsonville, Walls, Cordova, Horn Lake, Joiner, Turrell, and Nesbit. Currently, there are a total of 469 apartments within the Memphis, TN metro area that fall within this affordable price range.

Apartments Under $1,200 Now vs. Last Month: Memphis and Surrounding Areas

City Apartments Under $1,200 in May M/M % Change
Memphis, TN 426 +1.04%
Horn Lake, MS 7 +0.92%
Southaven, MS 6 +1.14%
Cordova, TN 3 +1.11%
Robinsonville, MS 3 +1.0%
Millington, TN 3 +1.18%
West Memphis, AR 2 +1.33%
Germantown, TN 2 +1.0%
Walls, MS 2 +1.0%
Olive Branch, MS 2 +0.33%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,188
Top amenities On Site Laundry, Refrigerator, Pool, Range / Oven, Microwave
Deals 115
Pet friendly 824
Utilities included 266
Furnished 48
1 Bedroom 367
2 Bedroom 536
3 Bedroom 141
Square footage 416 - 1,340

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Cooper-young, South forum, Central gardens, Mckeller, Orange mound
Cooper-Young 5
South Forum 3
Central Gardens 3
McKeller 3
Orange Mound 2