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Apartments Under $1,200 in Memphis, TN

1 - 30 of 427 Results
46
$843 - 2,024
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
32
$875 - 1,067
Hilldale Apartments
3500 Westline Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
27
$824 - 1,180
The Park at Forest Hill
Deal
8285 Irene Boulevard Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
2
$845 - 1,155
Azure Place
Deal
3896 Chippewa Rd Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
5
$1 - 900
Greenbriar Apartments
Deal
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
12
$950 - 1,155
King's Reserve Memphis - 55+ Senior
1550 N Pkwy Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
35
$1,129 - 1,375
University Place Apartments
Deal
3.3
1045 East Eh Crump Blvd Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Townhome
26
$966 - 2,066
The Junction
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
17
$899 - 1,249
Tanglewood
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
35
$975 - 1,195
The Park at Paisley
4.2
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
31
$1,035 - 1,180
The Tower at Kent
366 S Highland St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
17
$825 - 1,175
The Park at New Castle
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
22
$850 - 1,175
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
33
$760 - 1,049
Hickory Grove
4.2
6277 Lake Arbor Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Surface Parking
Balcony/Deck/Patio
28
$1,000 - 1,250
266 Lofts
2.6
266 S Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
20
$691 - 1,045
Foote Park At South City
521 Vance Park Place Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1
$1,166
Windsor Pointe (Affordable Housing; Income Limit Restrictions Apply)
Deal
216 Wesley Forest Place North Memphis, TN
4 BR | May. 7, 2024
Contact
Income Restricted
Air Conditioning
Covered Parking
Surface Parking
Dishwasher
3
$1,071
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 BR | Jun. 11, 2024
Contact
Dog Friendly
Cat Friendly
Income Restricted
Balcony/Deck/Patio
Dishwasher
11
$925 - 1,100
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$775 - 1,100
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
12
$1,000
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
9
$1,100
Gayoso House
4.9
130 S Front St Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
8
$555 - 835
Village Green Apartments
Deal
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
11
$685 - 1,005
Town House Apartment Homes
Deal
3.4
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
9
$895 - 1,150
Evergreen Terrace
1796 1800 Poplar Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
12
$695
Recently Renovated Apartment In Nutbush
1447 Wells Station Rd Unit 6 Memphis, TN
2 BR | Available Now
Contact
House
19
$975
4448 Powell Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
24
$710 - 845
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1 - 30 of 427 Results
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  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 427 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 84 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 1,255 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 2,546 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 $37,000.

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

  1. Cooper-Young
  2. Central Gardens
  3. Orange Mound
  4. Downtown Memphis
  5. South Forum

Apartments Under $1,200 in Memphis, TN: April 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 $930, with the majority falling between $560 and $1,510. Out of the 2,059 one-bedroom apartments currently on the market in Memphis, 1,225 are priced below $1,200, accounting for 59% of the total available one-bedroom units in Memphis.

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

Memphis, TN
Southaven, MS
Horn Lake, MS
Cordova, TN
West Memphis, AR
Millington, TN
Robinsonville, MS
441
7
6
3
3
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 April, 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 457 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 April M/M % Change
Memphis, TN 442 +1.0%
Southaven, MS 7 +1.15%
Horn Lake, MS 7 +0.96%
Cordova, TN 4 +1.21%
West Memphis, AR 4 +1.18%
Millington, TN 3 +1.28%
Robinsonville, MS 3 +1.0%
Germantown, TN 2 +1.27%
Walls, MS 2 +1.0%
Marion, AR 2 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,039
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 123
Pet friendly 852
Utilities included 292
Furnished 47
1 Bedroom 368
2 Bedroom 584
3 Bedroom 144
Square footage 500 - 1,357

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Cooper-young, Central gardens, Orange mound, Downtown memphis, South forum
Cooper-Young 5
Central Gardens 2
Orange Mound 2
Downtown Memphis 1
South Forum 1
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