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Apartments Under $1,200 in Memphis, TN

301 - 330 of 557 Results
1
$1,135
Welcome To 4016 Trevathan Circle!
4016 Trevathan Cir Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Fireplace
1
$1,110
Welcome To 1380 Rolling Hills Drive!
1380 Rolling Hills Dr Memphis, TN
3 BR | Available Now
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House
1
$1,000
4933 Leonard
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$975
Campbell 3414
3414 Carnes Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$725
Merton Place
39 North Merton Memphis, TN
1 BR | Available Now
Contact
1
$1,100
Welcome To 1507 Mary Jane Ave!
1507 Mary Jane Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,085
Welcome To 3710 Dorado Cv!!!rent Special - Half Off First Month Rent!!
3710 Dorado Cv Memphis, TN
3 BR | Available Now
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House
0
$839
Welcome To 2659 Whitman Ave In Memphis, Tn!
2659 Whitman Ave Memphis, TN
2 BR | Available Now
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1
$1,165
Welcome To 4148 Double Tree St!
4148 Double Tree Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,190
Welcome To 4360 Walnut Hill Drive!
4360 Walnut Hill Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,195
1679 Parktown Pl
Memphis, TN
2 BR | Available Now
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House
1
$999
2 Bedroom 1 Bath In Midtown Near Peabody And Cooper
2020 Courtland Pl Memphis, TN
2 BR | Available Now
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House
Dishwasher
1
$995
Newly Renovated House On A Quiet Street
1467 Oberle Memphis, TN
4 BR | Available Now
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House
1
$645
1591 Locust
Memphis, TN
1 BR | Available Now
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1
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$945
Charming Single-story Home With Front Porch & Fenced Backyard
5387 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
1
$849 - 999
1306 Carr
1306 Carr Ave Memphis, TN
1 BR | Available Now
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1
$950
Beautiful 3 Bedroom Home!
196 Ivan Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$795
Crockett Place
888 Crockett Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$990
Welcome To 5197 Chantilly Dr In Memphis, Tn!
5197 Chantilly Dr Memphis, TN
3 BR | Sep. 10, 2026
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House
1
$1,100
Now Leasing – 3514 Hallbrook St, Memphis | 3 Bed / 1 Bath
3514 Hallbrook St Memphis, TN
3 BR | Available Now
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House
0
$865
Ruby Oaks Apartments
2464 Ruby Oaks Dr Memphis, TN
2 BR | Available Now
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Dishwasher
1
$925
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
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House
1
$690
820 Maury St
Memphis, TN
1 BR | Available Now
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Voillintine-Evergreen
1
$845
1776 Brown Ave
Memphis, TN
2 BR | Ask for Availability
Voillintine-Evergreen
1
$1,085
33 N Rembert
33 N Rembert St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Dishwasher
0
$840
Half Off 1st Full Months Rent Special !! Welcome To 848 Biggs Street!
848 Biggs St Memphis, TN
2 BR | Available Now
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1
$875
585 E Pkwy
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$950
Goodbar Townhomes
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
301 - 330 of 557 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 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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