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Apartments Under $1,200 in Memphis, TN

361 - 390 of 608 Results
1
$1,200
Available Now! Move In Special $200 Off First Months Rent!! This Property Is Section 8 Friendly!
1612 May St Memphis, TN
4 BR | Available Now
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House
1
$790
Welcome To 2917 Yale Ave!
2917 Yale Ave Memphis, TN
1 BR | Available Now
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House
1
$525
Scott Street Apartments
304 Scott St Memphis, TN
1 BR | Available Now
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Dishwasher
1
$925
585 N Avalon N
Memphis, TN
1 BR | Available Now
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House
1
$1,190
Welcome To 638 Northaven Drive!
638 Northaven Dr Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$865
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 3477 Kensett Dr!
3477 Kensett Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,165
Welcome To 271 W. Levi Rd!
271 W Levi Rd Memphis, TN
3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$865
First Month Rent Free!! Welcome To 2655 Whitman!
2655 Whitman Ave Memphis, TN
2 BR | Available Now
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2
$1,195
Charming Single-story Home With Front Porch & Fenced Backyard
5387 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
0
$890
Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Feb. 25, 2026
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0
$965
Welcome To 3387 Barbwood Dr!
3387 Barbwood Dr Memphis, TN
2 BR | Mar. 6, 2026
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Dishwasher
1
$1,195
5423 Bannock St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$990
Welcome To 2415 Arlington Ave!
2415 Arlington Ave Memphis, TN
2 BR | Available Now
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House
Balcony/Deck/Patio
0
$965
Introducing 93 Eastview Dr, A Charming Duplex Located In Memphis, Tn.
93 Eastview Dr Memphis, TN
2 BR | Available Now
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1
$550
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
$1,095
The Den Apartments, Bldg 3570
3570 Mynders Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$910
Welcome To 2716 Deadrick Ave!
2716 Deadrick Ave Memphis, TN
2 BR | Available Now
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House
Orange Mound
1
$1,150
Midtown High Rise Apartment Available Now
1271 Poplar Ave #911 Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
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
$940
Welcome To 4436 Ryan St!
4436 Ryan St Memphis, TN
3 BR | Available Now
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House
1
$925
Charming 2 Bedroom 1 Bath Home For Rent- Section 8 Friendly- $99 Move In Special
3088 Manhattan Ave Memphis, TN
2 BR | Available Now
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House
1
$825
1614 Oakwood Dr
Memphis, TN
3 BR | Available Now
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House
1
$1,185
Welcome To 1274 Parkrose Ave!
1274 Parkrose Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
House
Dishwasher
1
$775
25 S. Barksdale
Memphis, TN
1 BR | Mar. 20, 2026
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Dog Friendly
Cat Friendly
0
$799
1/2 Off 1st Month's Rent!!!
3518 Hendricks Ave Memphis, TN
2 BR | Ask for Availability
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House
1
$775
2 Bed, 1 Bath Ground Floor Condo
105 N Belvedere Blvd Apt 9 Memphis, TN
2 BR | Ask for Availability
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House
1
$1,195
Very Nice 3/2 W/ Garage In 38128
4545 Cedar Leaf Cv Memphis, TN
3 BR | Ask for Availability
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House
0
$850
1447 Wells Station Rd
Memphis, TN
2 BR | Ask for Availability
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1
$750
1613 Dena Dr
Memphis, TN
Studio | Available Now
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Dog 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 151 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 2,140 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 3,392 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. Central Gardens
  3. Orange Mound
  4. South Forum
  5. New Chicago

Apartments Under $1,200 in Memphis, TN: February 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 $1,050, with the majority falling between $630 and $1,620. Out of the 3,765 one-bedroom apartments currently on the market in Memphis, 2,085 are priced below $1,200, accounting for 55% 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
Millington, TN
Horn Lake, MS
Cordova, TN
Robinsonville, MS
568
9
7
7
4
4
4
4
The chart above provides an overview of the number of available apartments under $1,200 in Memphis, TN and its surrounding cities as of February, 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 653 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 February M/M % Change
Memphis, TN 568 +0.98%
West Memphis, AR 9 +1.04%
Marion, AR 7 +0.98%
Southaven, MS 7 +0.95%
Millington, TN 5 +0.6%
Horn Lake, MS 4 +0.8%
Cordova, TN 4 +0.8%
Robinsonville, MS 4 +1.0%
Collierville, TN 2 +0.82%
Walls, MS 2 +1.31%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,270
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 389
Pet friendly 1,006
Utilities included 239
Furnished 47
1 Bedroom 500
2 Bedroom 616
3 Bedroom 231
Square footage 357 - 1,301

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, Central gardens, Orange mound, South forum, New chicago
Voillintine-Evergreen 9
Central Gardens 4
Orange Mound 4
South Forum 3
New Chicago 3
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