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Apartments Under $1,200 in Memphis, TN

151 - 180 of 580 Results
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
Contact
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
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
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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
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House
Disability Access
1
$900
Belvedere Place
77 N Belvedere Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$1,095
Madison Gardens
1655 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
1
$850
Newly Rehabbed 2 Bedroom 1 Bath | North Memphis | Open To Section 8
2268 Hubbard Ave Memphis, TN
2 BR | Available Now
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House
8
$975
681 Northaven Dr
Memphis, TN
3 BR | Ask for Availability
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House
23
$995
Section 8 Home Available Now.
822 Kippley St Memphis, TN
3 BR | Ask for Availability
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House
5
$699
1633 Dena Dr
Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
House
8
$895
1/2 Off 1st Month's Rent!!!
3311 Baskin St Memphis, TN
3 BR | Ask for Availability
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House
60
$995
O
Memphis, TN
2 BR | Available Now
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31
$675
865 Dillworth
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
17
$1,095
1436 Whitney Ave
Memphis, TN
3 BR | Ask for Availability
Contact
House
23
$1,000
3174 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
15
$725 - 875
Overton Place
Deal
414 N Claybrook St #1 Memphis, TN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
10
$1,025
3411 Hallbrook St
Memphis, TN
4 BR | Ask for Availability
Contact
House
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
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
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
$1,095
Renovated 3-bedroom Brick Home With Stylish Finishes & Classic Charm
5038 Stacey Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
20
$549
1767 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
20
$1,195
3171 Princeton Ave
Memphis, TN
3 BR | Ask for Availability
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House
4
$1,195
Section 8 Friendly
3724 Deer Forest Dr Memphis, TN
2 BR | Ask for Availability
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House
22
$900
1753 Bismark St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
6
$650
1651 Dena Dr
Memphis, TN
1 BR | Available Now
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Dog Friendly
House
20
$900
1099 Will Scarlet Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
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
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House
Air Conditioning
151 - 180 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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