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Apartments Under $1,200 in Memphis, TN

331 - 360 of 557 Results
1
$1,175
Court Square
62 N Main St Memphis, TN
1 BR | Available Now
Contact
Downtown Memphis
1
$1,200
Stonerose Apartments, Bldg 100
100 N Cooper St Memphis, TN
2 BR | Available Now
Contact
1
$900
Townhome
3744 Cambridge Sta Memphis, TN
2 BR | Available Now
Contact
House
1
$1,190
3729 Village Oak
Memphis, TN
3 BR | Available Now
Contact
3
$595
195 Hawthorne
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$995
Renovated House In Quite Neighborhood
3013 Morningside St Memphis, TN
3 BR | Available Now
Contact
House
1
$450
Wynn 734
734 Lane Ave Memphis, TN
1 BR | Sep. 18, 2026
Contact
1
$1,190
Welcome To 4587 Appleville St!
4587 Appleville St Memphis, TN
3 BR | Sep. 24, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$695
525 N Waldran Blvd Unit 4
Memphis, TN
1 BR | Available Now
Contact
1
$1,035
Welcome To 2189 Pueblo Ave
2189 Pueblo Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$1,035
Welcome To 3385 Barbwood Drive!
3385 Barbwood Dr Memphis, TN
2 BR | Available Now
Contact
1
$985
1st Full Months Rent Free !!! Welcome To 3733 Miami Ave!
3733 Miami Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,135
One Month Free! Welcome To 5286 Broken Oak Drive!
5286 Broken Oak Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
3
$1,199
2032 Hallwood Dr
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Voillintine-Evergreen
0
$1,095
3501 Hicky St
Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$850
Section 8 Approved 2/1.5
5193 Flowering Peach Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$1,095
Cozy 3-bedroom Home With Open Dining Area
4767 Percy Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
3
$1,145
Spacious 3-bed Home With Fenced Backyard & Flexible Living Spaces
2004 Saint Elmo Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
3
$782
1360 E. Alcy
Memphis, TN
1 BR | Ask for Availability
Contact
3
$737
1425 Taylor St
Memphis, TN
2 BR | Ask for Availability
Contact
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
Contact
1
$950
Goodbar Townhomes
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,005
Welcome To 151 Clower Road!
151 Clower Rd Memphis, TN
2 BR | Sep. 4, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,190
Welcome To 2278 Arlene Ave!
2278 Arlene Ave Memphis, TN
3 BR | Sep. 4, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$885
Campbell 2562
2562 Quail Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,165
Welcome To 1863 Burnham Ave!
1863 Burnham Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$940
Welcome To 598 Orchard Ave!
598 Orchard Ave Memphis, TN
3 BR | Aug. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
0
$950
3 Bed 1 Bath For Rent!!!@
5132 Blacksmith Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
331 - 360 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 $1,060, with the majority falling between $650 and $1,630. Out of the 4,620 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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