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Apartments Under $1,200 in Memphis, TN

481 - 510 of 608 Results
5
$570 - 700
Stonegate Apartment
4500 Stone Gate Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
$740 - 850
Jamesbridge
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
Contact
4
$500 - 650
Cherry Crest Apartments
1460 Cherry Rd. Memphis, TN
1 - 3 BR | Available Now
Contact
Student
Dishwasher
5
$1 - 900
Greenbriar Apartments
3131 Madewell Memphis, TN
1 - 3 BR | Ask for Availability
Contact
Air Conditioning
Surface Parking
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
12
$935 - 1,321
The Estates At River Pointe
1.0
1445 River Estates Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
6
$800
3587 Bayliss Ave,
Memphis, TN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
12
$1,068 - 1,272
Belle Harbour
3.8
1298 Mount Hope Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Section 8
13
$559 - 1,139
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
9
$715
6621 Lake Valley Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
8
$916 - 1,099
Senior Living At University Place Apartments
600 S. Sommerville Street Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
7
$850 - 950
Colonial Apartments
3.3
5480 Poplar Avenue Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Storage
6
$1,020 - 1,150
Radio Center Flats
5.0
66 South Main Street Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Fitness Center
7
$1,050
32 N McLean
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
Dishwasher
28
$1,000 - 1,250
266 Lofts
2.6
266 S Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$1,000
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
5
$439 - 799
Mill Creek Apartments
2.7
Millbranch Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Pool
49
$790 - 995
Uptown Square Apartments
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$629 - 951
Arbors Of Century Center
1490 Century Arbor Ln. Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
4
$665 - 790
Autumn Ridge
1.8
3888 Autumn Ridge Court Memphis, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
7
$950
The Urban Peddler
50 S Morrison Memphis, TN
2 BR | Available Now
Contact
In Unit Laundry
13
$850 - 1,075
Brentwood Place Apartments
1835 Sycamore View Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Fitness Center
$1,090
Welcome To 815 Alida Ave!
815 Alida Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
14
$809 - 1,039
Fieldstone Apartments
3.2
3333 Hacks Cross Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Balcony/Deck/Patio
5
$625
Pinebrook Pointe Apartment Homes
3541 Mediterranean Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
10
$520 - 800
The Reserve At Mt. Moriah
1.3
2778 Pickering Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Dishwasher
10
$795
The Historic Almadura
Deal
2.5
175 Stonewall St. Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Disability Access
Dishwasher
5
$500 - 850
Lakes At Ridgeway
1.9
5995 Waterstone Oak Way Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
481 - 510 of 608 Results
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  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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