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Apartments Under $1,200 in Memphis, TN

361 - 390 of 608 Results
2
$1,195
Cozy 3-bedroom Brick Home With Charming Porch & Easy-care Interiors
966 Michael Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
2
$995
Charming Single-story Brick 3-bed Home With Fenced Yard & Carport
5047 French Bend Ln Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$950
3br 1ba Home W/ Central A/c • W/d Hookups • Off-street Parking In Memphis
3110 Sunrise St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,150
Stonerose Apartments, Bldg 104
104 N Cooper St Memphis, TN
2 BR | Available Now
Contact
1
$850
1323 W Victor Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$850 - 950
1307 Vinton Ave
Memphis, TN
2 BR | Available Now
Contact
1
$550
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
Contact
1
$1,090
157-159 Roberta Dr
Memphis, TN
2 BR | Dec. 31, 2025
Contact
1
$975
3680 Moccasin Cv
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
1
$1,025
3113 Ruby Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$925
585 N Avalon N
Memphis, TN
1 BR | Available Now
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House
0
$915
Welcome To 108 N Greer St!
108 N Greer St Memphis, TN
2 BR | Available Now
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Dishwasher
1
$1,165
Welcome To 271 W. Levi Rd!
271 W Levi Rd Memphis, TN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,165
Welcome To 3477 Kensett Dr!
3477 Kensett Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$890
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
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0
$1,195
Spacious 4-bedroom Brick Home With Carport And Modern Comforts
3316 Sandy Springs Dr Memphis, TN
4 BR | Ask for Availability
Contact
House
2
$845
Coming Soon: Adorable 3-bed, 1-bath Home
1341 Railton Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$1,090
Welcome To 837 Homer Street!
837 Homer St Memphis, TN
2 BR | Jan. 2, 2026
Contact
House
Dishwasher
1
$1,135
Welcome To 264 E Holmes Road!
264 E Holmes Rd Memphis, TN
3 BR | Available Now
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House
1
$1,035
Welcome To 3740 Marvin St!
3740 Marvin St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$999
The Marilyn On Monroe
1639 Monroe Ave Memphis, TN
1 BR | Available Now
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Dishwasher
Central Gardens
0
$995
314 S. Cleveland #4
Memphis, TN
2 BR | Available Now
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Dishwasher
1
$1,150
No Security Deposit! New Rental Opportunity In Memphis!
1157 N Evergreen St Memphis, TN
2 BR | Available Now
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House
1
$750
Charming 2 Bedroom Duplex In Midtown Memphis! $99 Move In Special
1238 Dunnavant St Memphis, TN
2 BR | Available Now
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House
1
$965
Half Off First Month Rent! Welcome To 1872 Portland Avenue!
1872 Portland Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$975
Spacious 3 Bedroom 1 Bath Home - Open To Section 8 -$99 Move In Special
2158 Pueblo Ave Memphis, TN
3 BR | Available Now
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House
2
$1,095
Inviting 3-bed Single-story Home With Natural Light & Modern Updates
4440 Range Line Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$1,135
Welcome To 2717 Carnes Ave!
2717 Carnes Ave Memphis, TN
3 BR | Jan. 12, 2026
Contact
Dog Friendly
Cat Friendly
House
Orange Mound
1
$1,145
3109 Christine
3109 Christine Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
361 - 390 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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