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Apartments Under $1,200 in Memphis, TN

61 - 90 of 563 Results
10
$985
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
16
$799 - 899
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
15
$973 - 1,163
Crescent Bluff
46 Crescent Bluff Ct Memphis, TN
1 - 2 BR | Oct. 15, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
11
$974 - 1,167
Patterson Flats
250 E GE Patterson Memphis, TN
1 - 2 BR | Oct. 5, 2026
Contact
In Unit Laundry
Balcony/Deck/Patio
South Forum
24
$1,113 - 1,636
Kiwi Goji
197 Windover Rd Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Surface Parking
In Unit Laundry
Dishwasher
22
$1,000 - 1,331
Enclave at Wolfchase
Deal
1810 W Wolfchase Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
3D Tour
$903 - 1,128
MAA Southwind
Deal
8345 Championship Dr Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
38
$973 - 1,240
Park at Forest Hill
Deal
8285 Irene Blvd Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Fitness Center
Dishwasher
1
$850
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$965
Madison Gardens
1655 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$895
26 Mcneil
26 Mcneil St Memphis, TN
2 BR | Dec. 18, 2026
Contact
Dog Friendly
Cat Friendly
24
$840 - 850
Imogene Apartments
2107 Imogene St Memphis, TN
2 BR | Available Now
Contact
1
$995
5293 Cedar Bluff Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
16
$725
Wildhorse 839
839 Pearce St Memphis, TN
2 BR | Nov. 20, 2026
Contact
Dog Friendly
Cat Friendly
1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
18
$1,090
4783 Lynn Avenue
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
House
Storage
Dishwasher
11
$800
635 Patterson St Apt 4
Memphis, TN
1 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
12
$1,000
62 N Main St Unit 1
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Downtown Memphis
14
$1,100
4733 Queens Lace Ct
Memphis, TN
2 BR | Oct. 15, 2026
Contact
House
Storage
Dishwasher
19
$1,195
Welcome To Marathon Management, Where We Are In It For The Long Run!
1997 Driftwood Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
9
$800
2br Townhouse In Memphis
3761 Station Way Memphis, TN
2 BR | Ask for Availability
Contact
House
16
$1,095
4088 Montana St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$1,095
Stunning 3-bedroom, 1-bathroom Home
729 Northaven Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
14
$1,095
916 Crockett Pl
Memphis, TN
3 BR | Available Now
Contact
House
11
$750
Student Housing
3570 Spottswood Ave Ste 102 Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
18
$1,025
3807 Masterson St
Memphis, TN
3 BR | Available Now
Contact
House
12
$685
3049 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
2
$795
1632 Monroe Ave.
1632 Monroe St Memphis, TN
1 BR | Dec. 18, 2026
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
1
$650
97 N Belvedere
97 N Belvedere St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$745
708 Hastings
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
61 - 90 of 563 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 563 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 161 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 2,562 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 3,997 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. Voillintine-Evergreen
  3. Downtown Memphis
  4. Orange Mound
  5. Mud Island

Apartments Under $1,200 in Memphis, TN: October 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 $1,040, with the majority falling between $650 and $1,600. Out of the 4,579 one-bedroom apartments currently on the market in Memphis, 2,524 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
Marion, AR
West Memphis, AR
Southaven, MS
Millington, TN
Cordova, TN
Robinsonville, MS
Horn Lake, MS
575
8
6
6
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 October, 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 589 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 October M/M % Change
Memphis, TN 576 +1.01%
Marion, AR 8 +0.91%
West Memphis, AR 6 +1.07%
Southaven, MS 6 +1.05%
Millington, TN 6 +0.72%
Cordova, TN 5 +0.94%
Robinsonville, MS 5 +1.01%
Horn Lake, MS 3 +1.0%
Walls, MS 1 +1.0%
Collierville, TN 1 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 7,490
Top amenities Fitness Center, Air Conditioning, Dishwasher, Refrigerator, Pool
Deals 268
Pet friendly 989
Utilities included 330
Furnished 49
1 Bedroom 528
2 Bedroom 616
3 Bedroom 214

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Orange mound, Mud island
South Forum 9
Voillintine-Evergreen 6
Downtown Memphis 3
Orange Mound 3
Mud Island 2
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