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Apartments Under $1,200 in Memphis, TN

421 - 450 of 608 Results
2
$945
Charming 3-bedroom Single-story Home With Private Backyard & Carport
5141 Chantilly Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$895
Fresh Home For Rent!!
3510 Rochester Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
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
Contact
House
1
$725
1530 Monroe Ave
Memphis, TN
1 BR | Available Now
Contact
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
$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
$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
Contact
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
2
$750 - 950
4651 Royal Ridge Dr
Memphis, TN
1 - 2 BR | Available Now
Contact
1
$875
Spacious 3 Bedroom 1 Bath Home!
1599 Humber St Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$820
3659 Kimball Ave
Memphis, TN
3 BR | Jan. 16, 2026
Contact
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
Cat Friendly
House
Dishwasher
1
$1,150
4773 Northfield Cir
Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$995
Bright & Comfortable 2br Duplex Home In East Memphis
2949 Carnes Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
3
$1,045
Charming 3-bedroom Bungalow With Backyard Oasis And Bonus Studio Space
3771 Sturgeon Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,150
Charming 3-bedroom Home With Natural Light & Modern Finishes
214 Radar Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
0
$1,095
Charming 2-bedroom, 1.5-bath Condo With Fireplace & Convenient Layout
2967 Huntington Trail Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
3
$1,095
Charming 3-bedroom Home With Spacious Patio & Open-flow Living
3464 Suzanne Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
3
$1,095
Cozy 3-bedroom Rental With Fenced Yard And Functional Layout
2708 Windsor Pkwy Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$1,150
Very Nice 3/1 In Colony Park (4211 Kenosha)
4211 Kenosha Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$1,055
Welcome To 4375 Deborah Ave!
4375 Deborah Ave Memphis, TN
2 BR | Jan. 2, 2026
Contact
House
0
$835
Welcome To 1425 Todds Creek Cove!
1425 Todds Creek Cv Memphis, TN
2 BR | Available Now
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1
$900
3658 Faxon
Memphis, TN
3 BR | Available Now
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House
1
$1,175
1755 Cornelia Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$875
Fully Renovated 2 Bedroom 1 Bath Duplex -$99 Move In Special
3019 Carnes Ave Memphis, TN
2 BR | Available Now
Contact
House
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
0
$995
Beautiful 2 Bedroom Midtown Apartment!!
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
Contact
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
Contact
Voillintine-Evergreen
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 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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