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Apartments Under $1,200 in Memphis, TN

331 - 360 of 604 Results
1
$1,175
1755 Cornelia Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$890
Welcome To 1740 Brown Ave, A Charming Duplex Located In The Vibrant City Of Memphis, Tn.
1740 Brown Ave Memphis, TN
2 BR | Available Now
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Voillintine-Evergreen
0
$825 - 900
Stonebrook Apartments
6371 Winchester Rd Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,090
Welcome To 3286 Sandy Springs Dr!
3286 Sandy Springs Dr Memphis, TN
3 BR | Jan. 16, 2026
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Dog Friendly
Cat Friendly
House
1
$1,055
Welcome To 4375 Deborah Ave!
4375 Deborah Ave Memphis, TN
2 BR | Jan. 2, 2026
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House
1
$900
3658 Faxon
Memphis, TN
3 BR | Available Now
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House
0
$835
Welcome To 1425 Todds Creek Cove!
1425 Todds Creek Cv Memphis, TN
2 BR | Available Now
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1
$1,095
Move In Ready 3 Bedroom 1 Bath | Frayser
4256 Gladstone St Memphis, TN
3 BR | Available Now
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House
1
$875
Fully Renovated 2 Bedroom 1 Bath Duplex -$99 Move In Special
3019 Carnes Ave Memphis, TN
2 BR | Available Now
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House
1
$1,025
661 Watson (duplex)
661 Watson St Memphis, TN
2 BR | Available Now
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Dog Friendly
House
Dishwasher
1
$900
2092 Jefferson
2092 Jefferson Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$995
Beautiful 2 Bedroom Midtown Apartment!!
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$750
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
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House
1
$895
Charming 2 Bedroom Home - Open To Section 8
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
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House
1
$740
1493 Gaither St
Memphis, TN
2 BR | Available Now
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1
$1,140
Welcome To 3870 Fizer Ave- $500 Off Full Months Rent !!!
3870 Fizer Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Fireplace
1
$1,135
Welcome To 3445 Beech Grove Road!
3445 Beech Grove Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,040
Welcome To 1390 Grand St!
1390 Grand St Memphis, TN
3 BR | Available Now
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House
1
$875
Spacious 3 Bedroom 1 Bath Home!
1599 Humber St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$820
3659 Kimball Ave
Memphis, TN
3 BR | Jan. 16, 2026
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House
Dishwasher
1
$1,190
Half Off First Month Rent!! Welcome To 3220 Alta Rd!
3220 Alta Rd Memphis, TN
4 BR | Available Now
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House
1
$1,195
1154 Springdale St
Memphis, TN
3 BR | Available Now
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House
1
$1,150
2692 Select Ave
Memphis, TN
3 BR | Ask for Availability
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House
Orange Mound
1
$1,050
3br 1ba Home W/ Fenced Backyard & Patio • Stove-ready Kitchen • Carport In Memphis
2237 Gayle Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$750
2375 Joy Ln
Memphis, TN
2 BR | Available Now
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House
1
$795
3700 Carnes
Memphis, TN
1 BR | Available Now
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Dog Friendly
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House
1
$1,035
Welcome To 2370 Larose Ave!
2370 Larose Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Fireplace
1
$1,125
Welcome To 3432 Tellico Drive!
3432 Tellico Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,035
Welcome To 1523 Oberle Ave!
1523 Oberle Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,035
Half Off First Month Rent!! Welcome To 5343 Cedar Bluff Drive!
5343 Cedar Bluff Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
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Dishwasher
331 - 360 of 604 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 604 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 164 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 2,138 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 3,428 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 $39,000.

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

  1. Voillintine-Evergreen
  2. Orange Mound
  3. South Forum
  4. New Chicago
  5. Cooper-Young

Apartments Under $1,200 in Memphis, TN: January 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 $1,080, with the majority falling between $620 and $1,700. Out of the 3,601 one-bedroom apartments currently on the market in Memphis, 2,092 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 January, 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 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 January 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, Orange mound, South forum, New chicago, Cooper-young
Voillintine-Evergreen 7
Orange Mound 4
South Forum 3
New Chicago 3
Cooper-Young 3
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