Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $1,200 in Memphis, TN

31 - 60 of 610 Results
13
$1,099
The Melrose Midtown
775 Melrose St Memphis, TN
Studio | Apr. 1, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
23
$975 - 1,200
Conwood Flats Apartment Homes
Deal
711 N Front St Memphis, TN
1 BR | Feb. 18, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Mud Island
4
$850
1353 Vance Ave
1353 Vance Memphis, TN
2 BR | Apr. 17, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
55
$1,140 - 1,200
Harbor Side at Conwood Flats Apartments
Deal
645 N Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
13
$1,000 - 1,125
Legends Park Apartments
2.8
198 N Pauline St Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
29
$1,008
University Place Apartments
3.3
1045 East Eh Crump Blvd Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
4
$950 - 1,190
Peabody Falls
2017 Peabody Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
33
$1,129 - 2,043
Link Apartments® Broad Ave
Deal
2540 Broad Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Fitness Center
10
$900 - 1,050
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
29
$818 - 1,384
The Summit Apartments
Deal
4981 Hidden Lake Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
12
$1,049 - 1,149
Century Apartments
Deal
777 Mt Moriah Rd Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
39
$955 - 1,141
Foote Park at South City Apartments
Deal
410 S Danny Thomas Blvd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
19
$995
Townhomes W/ W/d Included! Gated 2 Bed / 1.5 Bath Townhomes Near Shelby Dr!
1500 E Shelby Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
30
$1,054 - 1,200
The Tennessee Brewery Apartments
Deal
495 Tennessee St Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
16
$695 - 849
1938-2006 E Raines/Bonnie
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
13
$725 - 875
Overton Place
Deal
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
4
$750
1626 Monroe Ave.
1626 Monroe Memphis, TN
1 BR | Feb. 20, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
18
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
64
$906 - 1,618
Iris Luxury Apartments
810 Washington Ave Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
25
$929 - 2,087
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
29
$839 - 1,002
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
4
$795
Parkside Poplar Apartments
1969-1973 Poplar Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
37
$705 - 1,050
Summer Trace Apartments
Deal
3.2
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
14
$890 - 1,005
Getwell Pointe Apartments
2973-3007 Getwell Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
12
$900
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
16
$850 - 899
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$1,000 - 1,125
Quimby Plaza Apartments
Deal
198 N Pauline St Memphis, TN
1 - 2 BR | Available Now
Contact
Covered Parking
Surface Parking
Fitness Center
Dishwasher
Pool
19
$995
4448 Powell Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
20
$899
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
17
3D Tour
$853 - 1,198
MAA Southwind
Deal
8345 Championship Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
31 - 60 of 610 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 610 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 657 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
Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code