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Apartments Under $1,200 in Memphis, TN

61 - 90 of 609 Results
2
$850
1916 Felix
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Cooper-Young
1
$495
Hubbard Ave 2367-2369 (duplex) - Ah
2367 Hubbard Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,025
Move-in Ready 3-bedroom Home In Memphis – Limited Time Offer
2774 Midland Ave Memphis, TN
3 BR | Available Now
Contact
House
Air Conditioning
Storage
Disability Access
1
$800
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
6
$1,000
1314 Decatur St Unit 1
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
New Chicago
10
$1,035
2370 Larose Ave
Memphis, TN
2 BR | Feb. 18, 2026
Contact
Dog Friendly
Cat Friendly
House
5
$1,125
1892 Capri St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
11
$975
3509 Brantley RD
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
36
$1,132 - 2,086
Miller Creek at Germantown Apartments
3769 Skipping Stone Trace Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
1
$775
Section 8 Accepted!!
3068 Harvester Ln Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
1
$1,195
2380 Forrest
2380 Forrest Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$850
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
12
$995
Bickford Square Apartments
281 Bickford Ave Memphis, TN
3 BR | Available Now
Contact
Dishwasher
5
$695 - 699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
32
$899
Holmes Pointe Apartments
1594-1636 E Holmes Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
34
$475
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$1,095
3446 Spottswood Ave
Memphis, TN
2 BR | Available Now
Contact
15
$775
Section 8 Accepted 2 Bedroom 1 Bath Apartment!
800 Maury St #2 Memphis, TN
2 BR | Mar. 20, 2026
Contact
Dog Friendly
Cat Friendly
Voillintine-Evergreen
1
$750
Vsa - Bldg 03
2028 Jefferson St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
1
$795
Beautiful Duplex | Apply Now!!
869 Pearce St Memphis, TN
2 BR | Available Now
Contact
House
1
$850 - 950
Evergreen Terrace
1796 1800 Poplar Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$685 - 785
1304 Court Ave
Memphis, TN
1 BR | Available Now
Contact
Storage
Disability Access
1
$850
3609 Mynders Ave
Memphis, TN
1 BR | Available Now
Contact
Disability Access
Dishwasher
19
$1,100
1271 Poplar Ave Unit 906
Memphis, TN
1 BR | Available Now
Contact
Dishwasher
8
$995
1348 Austin St
Memphis, TN
3 BR | Ask for Availability
Contact
House
15
$700
964 Joseph Pl
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$685
3054 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
5
$995
3102 Comet Cv
Memphis, TN
3 BR | Feb. 17, 2026
Contact
Dog Friendly
Cat Friendly
House
34
$1,005 - 1,665
Park at Forest Hill
Deal
8285 Irene Blvd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
4
$1,195
Inviting Home With Fireplace Eat-in Kitchen & Private Primary Suite
468 Elmfield Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
61 - 90 of 609 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 609 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
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