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Apartments Under $1,200 in Memphis, TN

421 - 450 of 608 Results
1
$1,150
Spacious 3 Bedroom 2 Bath Duplex |  Open To Section 8
3205 Cookie Cv Memphis, TN
3 BR | Available Now
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House
1
$975
Welcome To 2551 Dakar Ave!
2551 Dakar Ave Memphis, TN
3 BR | Mar. 6, 2026
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Dog Friendly
Cat Friendly
House
1
$1,035
2370 Larose Ave
Memphis, TN
2 BR | Feb. 18, 2026
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Dog Friendly
Cat Friendly
House
0
$890
Welcome To 929 Maple Drive! Great Deal!!
929 Maple Dr Memphis, TN
2 BR | Available Now
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1
$925
Cozy 2‑bed, 1‑bath Home With Great Location
504 Marianna St Memphis, TN
2 BR | Available Now
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House
1
$990
Welcome To 3704 Irma Street!
3704 Irma St Memphis, TN
3 BR | Available Now
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House
1
$1,090
Welcome To 718 Northaven!
718 Northaven Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$795
Newly Renovated 1br/1ba Duplex Near U Of M
3221 Choctaw Ave Memphis, TN
1 BR | Available Now
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House
1
$965
Welcome To 1273 Capital Ave!
1273 Capital Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
New Chicago
1
$1,195
Newly Renovated 3 Bedroom 1 Bath Home - Open To Section 8
3310 N Watkins St Memphis, TN
3 BR | Available Now
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House
1
$975
Move-in Special 1/2 Off 1st Month's Rent!!
2835 Los Gatos Ct #3 Memphis, TN
2 BR | Available Now
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House
1
$1,035
1/2 Off First Month Rent! Welcome To 3159 Saint Charles Drive!
3159 Saint Charles Dr Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$950
Charming 3-bedroom Home In Memphis – Affordable Comfort & Great Location!
1318 Glenn St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
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
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House
Air Conditioning
2
$1,195
Charming Single-story Home With Front Porch & Fenced Backyard
5387 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
2
$1,095
Cozy Single-story 4-bedroom Home With Fenced Backyard
4270 Arrow Rd Memphis, TN
4 BR | Ask for Availability
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House
0
$1,195
Spacious 4-bedroom Brick Home With Carport And Modern Comforts
3316 Sandy Springs Dr Memphis, TN
4 BR | Ask for Availability
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House
1
$910
Welcome To 2716 Deadrick Ave!
2716 Deadrick Ave Memphis, TN
2 BR | Available Now
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House
Orange Mound
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
0
$965
Welcome To 3387 Barbwood Dr!
3387 Barbwood Dr Memphis, TN
2 BR | Mar. 6, 2026
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Dishwasher
0
$890
Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Feb. 25, 2026
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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
1
$825
1614 Oakwood Dr
Memphis, TN
3 BR | Available Now
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House
1
$940
Welcome To 4436 Ryan St!
4436 Ryan St Memphis, TN
3 BR | Available Now
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House
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
$1,095
The Den Apartments, Bldg 3570
3570 Mynders Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$775
25 S. Barksdale
Memphis, TN
1 BR | Mar. 20, 2026
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Dog Friendly
Cat Friendly
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
$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
421 - 450 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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