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Apartments Under $1,200 in Memphis, TN

121 - 150 of 580 Results
1
$800 - 1,100
3609 Mynders Ave
Memphis, TN
1 - 2 BR | Available Now
Contact
Disability Access
Dishwasher
9
$925
3484 Vernon Ave Unit 1
Memphis, TN
2 BR | Available Now
Contact
13
$1,050
2-bed, 2-bath Duplex With Smart Layout And Modern Comforts
3375 Cristil St Memphis, TN
2 BR | Ask for Availability
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House
4
$799
1660 Dena Dr
Memphis, TN
2 BR | Available Now
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Dog Friendly
House
17
$950
4302 Knight Arnold Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$1,025
1892 Coventry Dr
Memphis, TN
4 BR | Ask for Availability
Contact
House
12
$710
Charming 2-bedroom Brick Home With Bright Character And Natural Light
815 Lucille Ave Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
17
$995
Section 8 Friendly! Nd
1633 Orr St Memphis, TN
2 BR | Ask for Availability
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House
5
$999
1628 Via Roma
Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
House
4
$695
3 Br In Memphis
685 Northaven Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
23
$1,015
703 N 3rd St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Orange Mound
24
$1,200
1267 Briarwood Rd
Memphis, TN
3 BR | Dec. 7, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$950
The Marie
160 Hayden Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
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Storage
Disability Access
1
$895
Peabody Apartments
1261 Peabody Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$845
31 N Evergreen
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
9
$825
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,050
Come See This Beautiful Newly Rehabbed Home In Berclair
4077 Grey RD Memphis, TN
3 BR | Available Now
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House
1
$1,050
Very Nice Newly Rehabbed Home In Frayser
3614 Steele St Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1
$895
Move-in Ready 2-bedroom Memphis Home – Limited Time Offer
3501 Vernon Ave Memphis, TN
2 BR | Available Now
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House
Storage
1
$925
6726-2 Quail Hollow Ct
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
5
$1,115 - 1,170
Wilson Crossing Townhomes: Your Spacious, Two-story Home In Whitehaven, Memphis!
4907 Autumn Leaf Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$925 - 975
The Flats @ Cooper Young
999 S Cooper St Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
1
$875
Move-in Special 1/2 Off 1st Month's Rent!!
3731 Mountain Terr Rd Memphis, TN
3 BR | Available Now
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House
7
$950
3398 Carrington Rd
Memphis, TN
2 BR | Available Now
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House
10
$800
1043 Whitaker Dr Unit 11
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
17
$1,095
1436 Whitney Ave
Memphis, TN
3 BR | Ask for Availability
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House
10
$1,025
3411 Hallbrook St
Memphis, TN
4 BR | Ask for Availability
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House
10
$1,150
Charming 3-bedroom, 2-bath Home With Carport & Fenced Backyard
1845 Blair Hunt Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
121 - 150 of 580 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 580 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 2,087 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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