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Apartments Under $1,200 in Memphis, TN

331 - 360 of 608 Results
1
$975
Charming 2 Bedroom 1 Bath Home For Rent- Section 8 Friendly- $99 Move In Special
3088 Manhattan Ave Memphis, TN
2 BR | Available Now
Contact
House
1
$850
585 East Pkwy #14
Memphis, TN
2 BR | Available Now
Contact
House
Dishwasher
1
$750
1613 Dena Dr
Memphis, TN
Studio | Available Now
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Dog Friendly
House
1
$825
1614 Oakwood Dr
Memphis, TN
3 BR | Available Now
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House
1
$1,150
Midtown High Rise Apartment Available Now
1271 Poplar Ave #911 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$940
Welcome To 4436 Ryan St!
4436 Ryan St Memphis, TN
3 BR | Available Now
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House
1
$910
Welcome To 2716 Deadrick Ave!
2716 Deadrick Ave Memphis, TN
2 BR | Available Now
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House
Orange Mound
1
$695
25 S. Barksdale
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
3
$1,149
Charming 3-bedroom Brick Home With Classic Style And Modern Comforts
975 N Avalon St Memphis, TN
3 BR | Ask for Availability
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House
Voillintine-Evergreen
0
$965
Introducing 93 Eastview Dr, A Charming Duplex Located In Memphis, Tn.
93 Eastview Dr Memphis, TN
2 BR | Available Now
Contact
1
$1,195
Beautifully Updated 3-bedroom, 2-bath Home – Comfort & Convenience Await!
3650 Given Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,095
Newly Renovated Home In Raleigh
3897 Wordsworth Ave Memphis, TN
3 BR | Available Now
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House
1
$625
Charming Brick Duplex In Midtown - Open To Section 8 - $99 Move In Special
2219 Clayton Ave Memphis, TN
1 BR | Available Now
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House
1
$990
Welcome To 2415 Arlington Ave!
2415 Arlington Ave Memphis, TN
2 BR | Jan. 23, 2026
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House
Balcony/Deck/Patio
1
$750
2 Bedroom And 1 Bath Home
4025 Reed Ave Memphis, TN
2 BR | Available Now
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House
0
$895
Move In By 12/30 And Get 1/2 Off Of The First Months Rent! Welcome To 1080 N Evergreen St!
1080 N Evergreen St Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
1
$975
4590 Range Line
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$975
Move-in Special 1/2 Off 1st Month's Rent!!
2835 Los Gatos Ct #3 Memphis, TN
2 BR | Available Now
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House
1
$1,095
Spacious 3 Bedroom 2 Bath - $99 Move In Special
1715 Warner Dr Memphis, TN
3 BR | Available Now
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House
1
$1,135
Welcome To 3159 Saint Charles Drive!
3159 Saint Charles Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
2
$895
Classic 2-bed, 2-bath Brick Home W/ Stylish Kitchen & Private Backyard
3435 Dungreen St Memphis, TN
2 BR | Ask for Availability
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House
2
$795
Charming 2-bedroom Home With Fenced Yard & Covered Parking
2681 Dunn Ave Memphis, TN
2 BR | Ask for Availability
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House
0
$890
Welcome To 1742 Brown Ave In Memphis, Tn!
1742 Brown Ave Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
1
$850
5222 Flowering Peach
Memphis, TN
2 BR | Available Now
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House
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
1
$965
Welcome To 1273 Capital Ave!
1273 Capital Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
New Chicago
1
$935
Welcome To 3334 Fostoria Road!
3334 Fostoria Rd Memphis, TN
3 BR | Jan. 9, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,190
Welcome To 1 E Dunbar Rd!
1 E Dunbar Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,025
3113 Ruby Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$790
Welcome To 2917 Yale Ave!
2917 Yale Ave Memphis, TN
1 BR | Available Now
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House
331 - 360 of 608 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 608 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 169 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 2,166 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 3,437 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. Voillintine-Evergreen
  2. South Forum
  3. Orange Mound
  4. New Chicago
  5. Cooper-Young

Apartments Under $1,200 in Memphis, TN: December 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 12 25 37 50 <$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 $1,070, with the majority falling between $620 and $1,700. Out of the 3,625 one-bedroom apartments currently on the market in Memphis, 2,112 are priced below $1,200, accounting for 58% 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
Walls, MS
Robinsonville, MS
Horn Lake, MS
529
9
7
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 December, 2025. 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 631 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 December M/M % Change
Memphis, TN 530 +0.96%
West Memphis, AR 9 +1.02%
Marion, AR 8 +1.04%
Southaven, MS 7 +1.0%
Walls, MS 4 +1.25%
Robinsonville, MS 4 +1.04%
Horn Lake, MS 4 +1.21%
Cordova, TN 3 +0.93%
Millington, TN 2 +0.73%
Bartlett, TN 1 -0.33%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,022
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 120
Pet friendly 917
Utilities included 203
Furnished 46
1 Bedroom 443
2 Bedroom 591
3 Bedroom 220
Square footage 311 - 1,310

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, South forum, Orange mound, New chicago, Cooper-young
Voillintine-Evergreen 7
South Forum 4
Orange Mound 4
New Chicago 3
Cooper-Young 3
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