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Apartments Under $1,200 in Memphis, TN

511 - 540 of 611 Results
$740 - 850
Jamesbridge
3815 N Advantage Way Dr Memphis, TN
1 - 2 BR | Available Now
Contact
31
$895 - 1,070
The District
6420 Knight Arnold Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
23
$1,124 - 1,250
Legends Park Apartments
3.6
198 N Pauline St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
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
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
36
$1,020 - 1,165
Vantage At Germantown
7885 Silver Spur Circle Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
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
$1,010 - 1,200
The Cornerstone Flats
3.0
113 South Main Street Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$925 - 1,100
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
Contact
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
8
$775 - 1,100
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
5
$585 - 775
Summer Trace Apartments
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Pool
5
$1,057
Monticello Apartments
6625 Monticello Lane Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Section 8
Covered Parking
$1,135
Welcome To 3222 Mckell Drive!
3222 Mckell Dr Memphis, TN
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
9
$715
6621 Lake Valley Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
House
Air Conditioning
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
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
17
$630 - 1,025
Hickory Farm
3.5
3822 Hickory Farm Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
Pool
15
$665 - 1,364
Madison Cypress Lakes
1.7
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
17
$100 - 350
City View Towers - Seniors 62 & Older
256 S Camilla St Memphis, TN
1 BR | Available Now
Contact
Heat Included
Senior Community
Income Restricted
Air Conditioning
Surface Parking
5
$620 - 878
The Summit Apartments
4981 Hidden Lake Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Fitness Center
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
511 - 540 of 611 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 611 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 2,167 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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