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Apartments Under $1,200 in Memphis, TN

391 - 420 of 608 Results
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
$1,150
2692 Select Ave
Memphis, TN
3 BR | Ask for Availability
Contact
House
Orange Mound
1
$1,195
1154 Springdale St
Memphis, TN
3 BR | Available Now
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House
1
$600
Under Repair! Move In Special $250 Off First Months Rent!!
635 Mcwhirter St Memphis, TN
2 BR | Available Now
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House
1
$1,035
Welcome To 3432 Tellico Drive!
3432 Tellico Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
2
$795
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
1
$665 - 775
1415 Breedlove St
Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
1
$895
Charming 2 Bed / 1 Bath Home – Central Hvac – Memphis, Tn
3499 Weaver Rd Memphis, TN
2 BR | Available Now
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House
1
$1,090
Welcome To 390 Sullivan Drive!
390 Sullivan Dr Memphis, TN
3 BR | Mar. 20, 2026
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Dog Friendly
Cat Friendly
House
1
$1,185
Welcome To 2583 Malone Ave!
2583 Malone Ave Memphis, TN
4 BR | Feb. 27, 2026
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House
1
$875
Move In Ready 4 Bedroom, 1 Bath | Open To Section 8
186 W Davant Ave Memphis, TN
4 BR | Available Now
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House
1
$850
2 Bedroom 1 Bath House!!
2906 Mimosa Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$840
3034-3036 Sinclair St
Memphis, TN
2 BR | Available Now
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1
$695
888 Kerr Ave
Memphis, TN
2 BR | Available Now
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1
$1,025
Peabody Station Apartments
1170 Peabody Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
0
$825
Welcome To 2970 Hale Ave! Move-in Special
2970 Hale Ave Memphis, TN
2 BR | Available Now
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1
$1,090
Welcome To 708 Mohawk Avenue!
708 Mohawk Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$795
2225 Riley Ave
2225 Riley Aly Memphis, TN
3 BR | Available Now
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Cat Friendly
House
1
$875
Charming 3 Bedroom 1 Bath | Open To Section 8 - $99 Move In Special
1436 Maplewood St Memphis, TN
3 BR | Available Now
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House
1
$1,195
Spacious 3-bedroom Gem In Memphis!
3543 Given Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,095
Section 8 Friendly
4773 Northfield Cir Memphis, TN
3 BR | Ask for Availability
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House
3
$1,024
Charming 3-bedroom Bungalow With Backyard Oasis And Bonus Studio Space
3771 Sturgeon Ave Memphis, TN
3 BR | Ask for Availability
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House
2
$1,095
Charming 3-bedroom Home With Natural Light & Modern Finishes
214 Radar Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
0
$995
Charming 2-bedroom, 1.5-bath Condo With Fireplace & Convenient Layout
2967 Huntington Trail Dr Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
1
$895
Fresh Home For Rent!!
3510 Rochester Rd Memphis, TN
3 BR | Ask for Availability
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House
0
$695
244 Garland St
Memphis, TN
1 BR | Ask for Availability
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1
$1,135
Welcome To 3453 Madewell St!
3453 Madewell St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,035
Welcome To 4290 Davidcrest Dr In Memphis, Tn!
4290 Davidcrest Dr Memphis, TN
3 BR | Mar. 13, 2026
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$1,135
Welcome To 4158 Leweir Street!
4158 Leweir St Memphis, TN
3 BR | Feb. 20, 2026
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House
Balcony/Deck/Patio
391 - 420 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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