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Apartments Under $1,200 in Memphis, TN

1 - 30 of 590 Results
32
$731 - 1,067
Hilldale Apartments
3500 Westline Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
46
$875 - 2,093
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
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
27
$1,123 - 1,200
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
$865 - 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
10
$850 - 930
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
27
$1,147 - 1,275
University Place Apartments
Deal
3.3
1045 East Eh Crump Blvd Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
9
$1,124 - 1,309
Legends Park Apartments
Deal
2.8
198 N Pauline St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
Balcony/Deck/Patio
22
$900 - 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
35
$1,000 - 1,200
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
$1,160
The Tower at Kent
366 S Highland St Memphis, TN
1 BR | Aug. 31, 2024
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
17
$900 - 1,200
The Park at New Castle
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
17
$1,029 - 1,199
Tanglewood
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
3
$1,071 - 1,166
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 - 4 BR | Aug. 10, 2024
Contact
Dog Friendly
Cat Friendly
Income Restricted
Balcony/Deck/Patio
Dishwasher
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
23
$1,124 - 1,250
Legends Park Apartments
3.6
198 N Pauline St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
19
$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
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
9
$999
The Melrose Midtown
775 Melrose St Memphis, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
10
$1,099
1558 Tutwiler
Memphis, TN
1 BR | Available Now
Contact
House
Storage
Dishwasher
10
$950 - 1,150
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
7
$1,150
23-25 S. McLean
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
34
$1,095
Tudor Place Apartments
2153 Washington Ave Memphis, TN
1 BR | Jul. 30, 2024
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
2
$995 - 1,095
Broadmoor Apartments
306 S Cleveland St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
5
$1,090
Poplar Pines
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
Contact
1
$999 - 1,100
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Available Now
Contact
1
$895
665 E Pkwy
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
10
$1,095 - 1,195
Allison Gardens Apartments
427 N Graham Memphis, TN
2 BR | Aug. 15, 2024
Contact
3
$1,195
2752 - 54 Madison
Memphis, TN
2 BR | Available Now
Contact
6
$1,195
Tudor Mansion Apartments
2150 Washington Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
1 - 30 of 590 Results
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  3. Apartments Under $1,200
Frequently Asked Questions

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

There are 590 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 105 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 1,458 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 2,722 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 $38,000.

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

  1. Cooper-Young
  2. High Point Terrace
  3. Orange Mound
  4. Voillintine-Evergreen
  5. South Forum

Apartments Under $1,200 in Memphis, TN: July 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 $960, with the majority falling between $550 and $1,560. Out of the 2,320 one-bedroom apartments currently on the market in Memphis, 1,418 are priced below $1,200, accounting for 61% 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
West Memphis, AR
Millington, TN
Cordova, TN
Robinsonville, MS
427
7
3
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 July, 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 615 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 July M/M % Change
Memphis, TN 428 +1.0%
Southaven, MS 8 +0.81%
Horn Lake, MS 4 +1.33%
West Memphis, AR 3 +0.69%
Millington, TN 3 +0.79%
Cordova, TN 3 +1.0%
Robinsonville, MS 3 +1.0%
Walls, MS 2 +1.0%
Germantown, TN 2 +1.2%
Marion, AR 1 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,821
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 127
Pet friendly 813
Utilities included 227
Furnished 46
1 Bedroom 381
2 Bedroom 524
3 Bedroom 187
Square footage 400 - 1,364

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Cooper-young, High point terrace, Orange mound, Voillintine-evergreen, South forum
Cooper-Young 5
High Point Terrace 4
Orange Mound 4
Voillintine-Evergreen 4
South Forum 3
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