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Apartments Under $1,200 in Memphis, TN

91 - 120 of 563 Results
14
$575
1445 Britton St
Memphis, TN
1 BR | Available Now
Contact
House
6
$875
Renovated 3br House In Memphis
1831 Edmondson Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
8
$1,000
3214 Mario St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
12
$925
3164 Madeline Cir
Memphis, TN
3 BR | Available Now
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House
22
$1,025
2017 Lauretta Ave
Memphis, TN
3 BR | Available Now
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House
21
$675
1753 Bismark St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
8
$895
215 N Bellevue Blvd
Memphis, TN
2 BR | Ask for Availability
16
$1,050
3548 Christine Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
9
$625
1025 S Wellington St Unit Memphis
Memphis, TN
2 BR | Available Now
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House
0
$895 - 999
Evergreen Terrace
1796 1800 Poplar Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$675
1304 Court Ave
Memphis, TN
Studio | Available Now
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Storage
Disability Access
3
$750
147 Stonewall St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
24
$1,095
Chambliss Village Townhomes
1086-4301 Chambliss Rd Cv Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,050
1 Bedroom, (could Have 2 Bedrooms) 1 Bath Apartment Near Overton Park
2390 Forest Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
In Unit Laundry
Dishwasher
12
$850
Macon Crossing Apartments
1092-3655 Homer/Macon Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Downtown Memphis
1
$875
Welcome Home To 1620 Pennsylvania St | Memphis, Tn 38109
1620 Pennsylvania St Memphis, TN
3 BR | Available Now
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House
1
$900
1195 Dorothy Pl
Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Disability Access
1
$795
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$1,150
Urban Loft Co. Memphis
440 Monroe Ave Memphis, TN
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Dishwasher
1
$1,195
2bd/2ba Condo Located On The Germantown/memphis Line!
6680-3 Whispering Oaks Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
1
$650
148 Stonewall Pl
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
6
$1,150
Latham
1235 Latham St Memphis, TN
2 BR | Ask for Availability
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1
$950
Adorable Home Ready For Move In
407 Argo Ave Memphis, TN
3 BR | Available Now
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House
1
$995
2051 Peabody Ave
2051 Peabody St Memphis, TN
1 BR | Nov. 10, 2026
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Storage
1
$950
6772 Quail Hollow Ct
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
0
$900 - 995
The Galloway At Evergreen
1571 Galloway Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$995
1bd/1ba Condo Located On The Germantown/memphis Line!
6692 Whispering Oak Pl Apt 3 Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
17
$1,200
1529 Madison Ave Unit The Bank Flts
Memphis, TN
1 BR | Oct. 11, 2026
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Cat Friendly
8
$750
220 S Cleveland St
Memphis, TN
Studio | Dec. 21, 2026
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Dog Friendly
Cat Friendly
Dishwasher
1
$795
754 756 Breedlove St
Memphis, TN
2 BR | Available Now
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Storage
Disability Access
91 - 120 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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