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Apartments Under $1,200 in Memphis, TN

61 - 90 of 583 Results
25
$810 - 2,120
The Junction
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
12
$1,149
Century Apartments
Deal
777 Mt Moriah Rd Memphis, TN
1 BR | Feb. 7, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Fitness Center
12
$900
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$850 - 995
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
24
$1,149 - 1,498
Kiwi Goji
Deal
197 Windover Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
49
$790 - 995
Uptown Square Apartments
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
22
$ Ask - 1,629
Parcels At Concourse
1350 Concourse Avenue, Suite 750 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
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
9
$825
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$845
31 N Evergreen
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
0
$895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$950
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
Contact
Storage
Disability Access
23
$1,000
3174 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
House
14
$1,045
Charming 3-bedroom Single-story Home With Fenced Yard & Storage Shed
5221 Braden Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
15
$725 - 875
Overton Place
Deal
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
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
1
$525
Cute Duplex Off Mclemore 1 Bedroom 1 Bathroom - $99 Move In Special
1321 Wilson St Memphis, TN
1 BR | Available Now
Contact
House
Disability Access
1
$900
Belvedere Place
77 N Belvedere Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$850
Newly Rehabbed 2 Bedroom 1 Bath | North Memphis | Open To Section 8
2268 Hubbard Ave Memphis, TN
2 BR | Available Now
Contact
House
16
$995
Cozy 3-bedroom Brick Home With Charming Porch & Spacious Backyard
1199 Nora Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
14
$1,095
Newly Remodeled 3-bed Brick Home With Open Layout & Fenced Backyard
1925 Alta Vista Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
20
$1,195
Spacious 4-bedroom Brick Home With Carport & Fenced Backyard
3254 Sinclair St Memphis, TN
4 BR | Ask for Availability
Contact
House
Air Conditioning
1
$1,095
Madison Gardens
1655 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
21
$950
164 Keel Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
17
$745
O - 2966 Yale Ave - 2966 Yale Ave
Memphis, TN
2 BR | Available Now
Contact
15
$995
Section 8 Friendly!
3395 Edgar St Memphis, TN
3 BR | Ask for Availability
Contact
House
11
$895
Cozy & Low-maintenance 3-bedroom Brick Home With Inviting Layout
3659 Royal Wood Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
18
$1,195
Spacious Single-story 3-bed, 2-bath Home With Charm & Function
4524 Whitewood Cv Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
61 - 90 of 583 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 583 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 173 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 2,085 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 3,413 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. Cooper-Young
  4. Orange Mound
  5. Downtown Memphis

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 $630 and $1,570. Out of the 3,479 one-bedroom apartments currently on the market in Memphis, 2,017 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 628 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, Cooper-young, Orange mound, Downtown memphis
Voillintine-Evergreen 8
South Forum 5
Cooper-Young 3
Orange Mound 3
Downtown Memphis 2
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