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Apartments Under $1,200 in Memphis, TN

31 - 60 of 409 Results
5
$550
PER
ROOM
165 N Merton Ave
Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
14
$1,175
3612 Ridgemont Rd
Memphis, TN
3 BR | Available Now
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House
8
$1,050
874 Garland St
Memphis, TN
2 BR | Available Now
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House
19
$950
5157 Blacksmith Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
7
$995
6695-3 Whispering Oak Pl
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
8
$700
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
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Dishwasher
28
$1,200
3568 Coleman Ave
Memphis, TN
3 BR | Available Now
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House
12
$995
3523 Barwood Cir
Memphis, TN
1 BR | May. 17, 2024
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Air Conditioning
Surface Parking
Storage
Dishwasher
High Point Terrace
12
$1,000
3566 Bristerwood
Memphis, TN
2 BR | Available Now
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Air Conditioning
Storage
Disability Access
Dishwasher
14
$925
1247 Peabody Ave Unit 4
Memphis, TN
1 BR | Available Now
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House
10
$775
1070 Merriwether Ave
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
11
$900
3569 Field Flower Ct
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
7
$785
617 Mc Whirter Ave
Memphis, TN
2 BR | Available Now
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House
7
$800
643 Mc Whirter
Memphis, TN
2 BR | Available Now
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House
Disability Access
17
$825 - 1,175
The Park at New Castle
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
11
$835
800 Maury St
Memphis, TN
2 BR | Jul. 12, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
16
$975
4108 Wilmette
Memphis, TN
2 BR | Available Now
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House
20
$940
3493 W Horn Lk
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
7
$975
584 Baltimore St
Memphis, TN
3 BR | Available Now
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House
Air Conditioning
Disability Access
23
$1,195
3644 Faxon Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
4
$800
3193 Forest Gln
Memphis, TN
2 BR | Available Now
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Storage
Disability Access
20
$975
6033 Bangalore Ct
1.0
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Balcony/Deck/Patio
Storage
5
$1,050
1170 Peabody Ave #10
Memphis, TN
2 BR | Available Now
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9
$875
288 N. McLean
Memphis, TN
Studio | Jun. 10, 2024
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Air Conditioning
Storage
Disability Access
Dishwasher
9
$920
1796 1800 Poplar Ave
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$800 - 1,000
3609 Mynders Ave
Memphis, TN
1 - 2 BR | Available Now
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Disability Access
Dishwasher
9
$750
3471 Douglass Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
6
$750
4030 Summer Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
10
$889 - 1,200
The Brooklyn
3094 Autumnwood Ave Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
4
$825
Beverly Springs
2879 Beverly Hill St Memphis, TN
2 BR | Available Now
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Storage
31 - 60 of 409 Results
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  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 409 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 108 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 1,190 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 2,396 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 $37,000.

Which neighborhoods have the most apartments under $1,200 for rent in Memphis, TN?

  1. Cooper-Young
  2. Central Gardens
  3. Orange Mound
  4. Downtown Memphis
  5. South Forum

Apartments Under $1,200 in Memphis, TN: April 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 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 >$1,520
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $950, with the majority falling between $550 and $1,750. Out of the 1,985 one-bedroom apartments currently on the market in Memphis, 1,158 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
Southaven, MS
Horn Lake, MS
Cordova, TN
West Memphis, AR
Millington, TN
Robinsonville, MS
441
7
6
3
3
3
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 April, 2024. 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 457 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 April M/M % Change
Memphis, TN 442 +1.0%
Southaven, MS 7 +1.15%
Horn Lake, MS 7 +0.96%
Cordova, TN 4 +1.21%
West Memphis, AR 4 +1.18%
Millington, TN 3 +1.28%
Robinsonville, MS 3 +1.0%
Germantown, TN 2 +1.27%
Walls, MS 2 +1.0%
Marion, AR 2 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,039
Top amenities Air Conditioning, On Site Laundry, Refrigerator, Range / Oven, Microwave
Deals 123
Pet friendly 852
Utilities included 292
Furnished 47
1 Bedroom 368
2 Bedroom 584
3 Bedroom 144
Square footage 500 - 1,357

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Cooper-young, Central gardens, Orange mound, Downtown memphis, South forum
Cooper-Young 5
Central Gardens 2
Orange Mound 2
Downtown Memphis 1
South Forum 1
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