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Apartments Under $1,200 in Memphis, TN

1 - 30 of 610 Results
10
$860 - 1,175
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
29
$1,109
Memphis - Cordova
8110 Cordova Centre Dr Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
44
$1,169
Memphis - Airport
2541 Corporate Ave Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
49
$1,169
Memphis - Poplar Avenue
6500 Poplar Ave Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
16
$799 - 1,199
The Canopy 2200
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
35
$1,010 - 1,190
The Park at Paisley
Deal
4.2
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
22
$875 - 1,110
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
31
$970 - 1,160
The Tower at Kent
366 S Highland St Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
17
$800 - 1,200
The Park at New Castle
Deal
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
5
$700 - 825
Berclair
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
72
$1,200
Colonial Apartments
5140 Wheelis Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$750 - 850
Hawthorne Street
190 Hawthorne St Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
5
$1,090
Poplar Pines
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
Contact
14
$975
Mason Homes
900 S 4th St Memphis, TN
2 BR | Available Now
Contact
9
$695
Student Lofts At Brister, Bldg 106
613 Brister St Memphis, TN
1 BR | Available Now
Contact
Balcony/Deck/Patio
1
$1,050
Newly Renovated House On A Quiet Street
1467 Oberle Memphis, TN
4 BR | Available Now
Contact
House
1
$695
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$945
Nice Quite Neighborhood
4372 Bluebell St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$999
The Midtowner
199 S Mclean Blvd Memphis, TN
2 BR | Available Now
Contact
Dishwasher
Central Gardens
1
$950
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$975
Cgient Properties Llc-4
123 Stonewall St Memphis, TN
1 - 2 BR | Available Now
Contact
0
$950
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
Contact
1
$985
Great Property In Quite Neighborhood
632 Harahan Rd Memphis, TN
4 BR | Available Now
Contact
House
1
$895
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
3 BR | Available Now
Contact
House
3
$900 - 1,199
Printer's Alley Lofts
347 S Front St Memphis, TN
1 BR | Available Now
Contact
South Forum
1
$925
Completely Renovated House In Central Location
406 W Brooks Rd Memphis, TN
2 BR | Available Now
Contact
House
1
$750
Renovated House In Quite Neighborhood
1475 Pope St Memphis, TN
2 BR | Available Now
Contact
House
$950 - 1,195
The Wendell
2038-2046 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dishwasher
Cooper-Young
1
$995
Jefferson Place Apartment Homes Is The Best Of Both Worlds Waiting For You.
560 S Jefferson Pl Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1 - 30 of 610 Results
  1. Home
  2. Memphis
  3. Apartments Under $1,200
Frequently Asked Questions

How many apartments under $1,200 are available in Memphis, TN on Rentable.co?

There are 610 apartments under $1,200 in Memphis currently available for rent on Rentable.co.

How many studio apartments under $1,200 are available in Memphis?

Rentable.co has 151 studio apartments under $1,200 available for rent in Memphis.

How many one-bedroom apartments under $1,200 are available in Memphis?

Rentable.co has 2,140 one-bedroom apartments under $1,200 available for rent in Memphis.

How many two-bedroom apartments under $1,200 are available in Memphis?

Rentable.co has 3,392 two-bedroom apartments under $1,200 available for rent in Memphis.

Can I afford a apartment under $1,200 in Memphis, TN?

To comfortably afford a apartment under $1,200 in Memphis based on average rent prices, a household would need an annual income of $39,000.

Which neighborhoods have the most apartments under $1,200 for rent in Memphis, TN?

  1. Voillintine-Evergreen
  2. Central Gardens
  3. Orange Mound
  4. South Forum
  5. New Chicago

Apartments Under $1,200 in Memphis, TN: February 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 20 40 60 80 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 >$1,600
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,050, with the majority falling between $630 and $1,620. Out of the 3,765 one-bedroom apartments currently on the market in Memphis, 2,085 are priced below $1,200, accounting for 55% of the total available one-bedroom units in Memphis.

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

Memphis, TN
West Memphis, AR
Marion, AR
Southaven, MS
Millington, TN
Horn Lake, MS
Cordova, TN
Robinsonville, MS
568
9
7
7
4
4
4
4
The chart above provides an overview of the number of available apartments under $1,200 in Memphis, TN and its surrounding cities as of February, 2026. 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 657 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 February M/M % Change
Memphis, TN 568 +0.98%
West Memphis, AR 9 +1.04%
Marion, AR 7 +0.98%
Southaven, MS 7 +0.95%
Millington, TN 5 +0.6%
Horn Lake, MS 4 +0.8%
Cordova, TN 4 +0.8%
Robinsonville, MS 4 +1.0%
Collierville, TN 2 +0.82%
Walls, MS 2 +1.31%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,270
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 389
Pet friendly 1,006
Utilities included 239
Furnished 47
1 Bedroom 500
2 Bedroom 616
3 Bedroom 231
Square footage 357 - 1,301

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, Central gardens, Orange mound, South forum, New chicago
Voillintine-Evergreen 9
Central Gardens 4
Orange Mound 4
South Forum 3
New Chicago 3
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