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Apartments Under $1,200 in Memphis, TN

421 - 450 of 588 Results
0
$815
Welcome To 977 Pope Street!
977 Pope St Memphis, TN
2 BR | Available Now
Contact
1
$1,150
Midtown High Rise Apartment Available Now
1271 Poplar Ave #911 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$695
3044 Sinclair St
Memphis, TN
2 BR | Ask for Availability
Contact
1
$995
Cozy Single-story Home With Bright Living Spaces
3645 Allandale Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
0
$890
Welcome To 848 Biggs Street!
848 Biggs St Memphis, TN
2 BR | Available Now
Contact
1
$970
Welcome To 5168 Corkwood Drive! Half Off First Full Month Rent!!!
5168 Corkwood Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,105
Welcome To 755 E. Mckeller Ave!
755 E Mckeller Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
McKeller
3
$799 - 999
Redwood Estates Homes
4144 Thomas St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
1
$925
Goodbar Townhomes
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,175
Welcome To 2349 Millbrook Ave!
2348 Millbrook Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$650
3755 Fairmont Ave
Memphis, TN
1 BR | Ask for Availability
0
$975
3 Bed 1 Bath For Rent!!!@
5132 Blacksmith Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
2
$696
3155 Sharpe Ave
Memphis, TN
1 BR | Ask for Availability
Contact
1
$1,135
Welcome To 5293 Beaverton Drive!
5293 Beaverton Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,040
Welcome To 2961 Southwall Street!
2961 Southwall St Memphis, TN
3 BR | Available Now
Contact
House
1
$725
Charming Midtown 2 Bedroom - 1 Bath | Freshly Updated | Open To Section 8
1531 Standridge St Memphis, TN
2 BR | Available Now
Contact
House
1
$945 - 975
Cgient Properties Llc-4
123 Stonewall St Memphis, TN
1 BR | Available Now
Contact
1
$775
635 Patterson #2
Memphis, TN
1 BR | Available Now
Contact
House
1
$1,200
582 Watson St
Memphis, TN
2 BR | Aug. 14, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$900
Renovated 3-bedroom Gem On A Quiet Residential Street - Open To Section 8
914 Restbrook Ave Memphis, TN
3 BR | Available Now
Contact
House
1
$1,195
Newly Rehabbed Home In Raleigh - Open To Section 8
3801 Rainford Dr Memphis, TN
3 BR | Available Now
Contact
House
1
$1,065
Adenst3203
3203 Aden St Memphis, TN
3 BR | Available Now
Contact
1
$725
151 N Belvedere Blvd
Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$950
215 Radar Rd
Memphis, TN
2 BR | Ask for Availability
Contact
House
2
$1,145
Charming 3-bedroom Home With Fenced Yard & Convenient Layout
5362 Breckenwood Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$1,175
1570 Jay Cv
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$825
1278 1280 Saxon Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$715 - 765
Eden Pointe
4427 Knight Arnold Rd Memphis, TN
1 - 2 BR | Available Now
Contact
1
$1,190
Welcome To 2048 Whitney Ave!
2048 Whitney Ave Memphis, TN
4 BR | Aug. 3, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,035
Move In Special - Half Off 1st Full Months Rent !! Welcome To 4328 Arrow Cove
4328 Arrow Cv Memphis, TN
3 BR | Available Now
Contact
House
421 - 450 of 588 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 588 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 136 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 2,400 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 3,929 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. South Forum
  2. Orange Mound
  3. Voillintine-Evergreen
  4. Cooper-Young
  5. Downtown Memphis

Apartments Under $1,200 in Memphis, TN: July 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,040, with the majority falling between $650 and $1,620. Out of the 4,445 one-bedroom apartments currently on the market in Memphis, 2,318 are priced below $1,200, accounting for 52% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,200: Memphis vs. Surrounding Areas

Memphis, TN
Southaven, MS
Marion, AR
West Memphis, AR
Millington, TN
Robinsonville, MS
575
6
5
5
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 July, 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 618 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 July M/M % Change
Memphis, TN 576 +1.01%
Southaven, MS 7 +1.13%
Marion, AR 6 +0.91%
West Memphis, AR 6 +0.83%
Millington, TN 4 +1.19%
Robinsonville, MS 4 +1.04%
Horn Lake, MS 3 +1.0%
Cordova, TN 3 +1.24%
Collierville, TN 1 +1.36%
Walls, MS 1 +1.14%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 7,020
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 207
Pet friendly 1,088
Utilities included 307
Furnished 48
1 Bedroom 540
2 Bedroom 710
3 Bedroom 225

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Orange mound, Voillintine-evergreen, Cooper-young, Downtown memphis
South Forum 6
Orange Mound 6
Voillintine-Evergreen 5
Cooper-Young 4
Downtown Memphis 2
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