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Apartments Under $1,200 in Memphis, TN

271 - 300 of 557 Results
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
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
28
$1,000 - 1,250
266 Lofts
2.6
266 S Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
6
$1,020 - 1,150
Radio Center Flats
5.0
66 South Main Street Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Fitness Center
1
$1,100
1736 Edward Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Voillintine-Evergreen
0
$1,140
Barboro Alley Flats
105 S Main St Memphis, TN
1 BR | Available Now
Contact
1
$1,035
Welcome To 4372 Deerland Street!
4372 Deerland St Memphis, TN
3 BR | Sep. 4, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$1,200
2737 Fizer
Memphis, TN
3 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$1,135
Welcome To 3230 Ardmore Street!
3230 Ardmore St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$745
Renovated House In Quite Neighborhood
1659 S Cooper St Memphis, TN
2 BR | Available Now
Contact
House
2
$1,150
595 Brister St
Memphis, TN
2 BR | Ask for Availability
Contact
0
$895
Cozy Duplex Living With Fenced Backyard & Charming Front Porch
1357 Chadwick Cir Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
3
$1,143
60 N Montgomery St
Memphis, TN
1 BR | Ask for Availability
Contact
1
$1,090
Welcome To 5158 Breckenwood Drive!
5158 Breckenwood Dr Memphis, TN
4 BR | Sep. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$1,140
Move In By 11/15 And Get Half Off First Month's Rent!! Welcome To 3642 Gillie St!
3642 Gillie St Memphis, TN
3 BR | Sep. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$900 - 1,000
The Den Apartments, Bldg 3570
3570 Mynders Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,090
Welcome To 4125 Michael!
4125 Michael Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,135
Welcome To 504 Elmfield Cove!
504 Elmfield Cv Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$900
1304 1306 Snowden Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$755
Grainge Hill
2281 Ketchum Rd Memphis, TN
2 BR | Available Now
Contact
1
$895
Great Property In Quite Neighborhood
632 Harahan Rd Memphis, TN
4 BR | Available Now
Contact
House
1
$1,150
U Of M Area!!!
3427 S Prescott Cir Memphis, TN
2 BR | Sep. 1, 2026
Contact
House
1
$1,100
Three Bedroom Home Available Now
3243 Benjestown Rd Memphis, TN
3 BR | Aug. 29, 2026
Contact
House
1
$1,090
Welcome To 1756 Cleoford Ave!
1756 Cleoford Ave Memphis, TN
3 BR | Sep. 1, 2026
Contact
House
1
$735
1344-1346 Hyde Pk Blvd
Memphis, TN
2 BR | Available Now
Contact
1
$995
4637 Appleville
Memphis, TN
3 BR | Available Now
Contact
House
1
$1,035
Welcome To 783 Nonconnah Road!
783 Nonconnah Rd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,155
Welcome To 4557 Spring Valley Drive!
4557 Spring Valley Dr Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$985
Welcome To 1271 Chickamauga Avenue!
1271 Chickamauga Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,040
Welcome To 2771 Northmeade Ave!
2771 Northmeade Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
271 - 300 of 557 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 557 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 179 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 2,883 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 4,323 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. South Forum
  2. Voillintine-Evergreen
  3. Downtown Memphis
  4. Orange Mound
  5. Mud Island

Apartments Under $1,200 in Memphis, TN: August 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 $1,040, with the majority falling between $650 and $1,630. Out of the 4,598 one-bedroom apartments currently on the market in Memphis, 2,715 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
West Memphis, AR
Marion, AR
Robinsonville, MS
Millington, TN
Cordova, TN
575
6
6
6
4
4
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 August, 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 619 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 August M/M % Change
Memphis, TN 575 +1.0%
Southaven, MS 7 +1.0%
West Memphis, AR 7 +0.85%
Marion, AR 7 +0.89%
Robinsonville, MS 5 +0.96%
Millington, TN 4 +1.04%
Cordova, TN 4 +0.69%
Horn Lake, MS 3 +1.0%
Collierville, TN 1 +1.14%
Walls, MS 1 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 7,551
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 312
Pet friendly 1,041
Utilities included 276
Furnished 48
1 Bedroom 542
2 Bedroom 682
3 Bedroom 232

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Orange mound, Mud island
South Forum 10
Voillintine-Evergreen 9
Downtown Memphis 4
Orange Mound 3
Mud Island 2
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