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Apartments Under $1,200 in Memphis, TN

151 - 180 of 585 Results
5
$825
1278 Saxon Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$995
Cozy Single-story 3-bedroom Home With Hardwood Floors & Fenced Yard
2927 Gruber Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
24
$1,000
1685 S Goodlett St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
12
$995
1734 Wildrose St
Memphis, TN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
5
$950
3717 Deerwood Cv
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
10
$995
4700 Berta RD
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$875
3br House For Rent In Memphis
3296 Madewell St Memphis, TN
3 BR | Ask for Availability
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House
27
$599
1761 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
13
$895
2158 Pueblo Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$1,000 - 1,200
Highland Hills
2831 Fosterwood Dr Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
0
$880 - 1,150
Highland Chateau
5246 Raleigh Lagrange Rd Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
0
$975
Abington
4616 Scott Crossing Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
12
$1,075
3338 Covington Pike
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$949
159 N Belvedere - 159 N Belvedere
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
9
$795
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
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House
12
$1,145
4027 Faronia Dr
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
22
$875
1751 Bismark St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
13
$699
Cozy 2-bed, 1 Bath Duplex With Unique Touches & Great Vibes!
3639 Allandale Rd Memphis, TN
2 BR | Ask for Availability
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House
7
$809
3060 Juca Ln
Memphis, TN
1 BR | Available Now
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Dog Friendly
Air Conditioning
12
$1,150
4493 Westmont RD
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
1
$750
The Summer Oaks Apartments
4030 Summer Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
0
$500
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
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0
$725
Cloverdale At Highland
3471 Douglass Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
42
$810 - 1,110
The Nova
6355 Briar Patch Lane Memphis, TN
1 - 2 BR | Available Now
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Cat Friendly
Virtual Tour
Luxury
Section 8
Air Conditioning
1
$895
1541 Roosevelt Ave
Memphis, TN
3 BR | Available Now
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House
1
$1,100
Charming 3br/1ba Home With Spacious Yard & Great Location
1017 Gordon St Memphis, TN
3 BR | Available Now
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House
Storage
0
$1,050
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
$800
2659 Windsor
Memphis, TN
2 BR | Available Now
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House
1
$675 - 775
1304 Court Ave
Memphis, TN
1 BR | Available Now
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Storage
Disability Access
151 - 180 of 585 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 585 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 135 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 2,360 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 3,888 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. Orange Mound
  3. Voillintine-Evergreen
  4. Cooper-Young
  5. Downtown Memphis

Apartments Under $1,200 in Memphis, TN: July 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 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 >$1,620
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,040, with the majority falling between $650 and $1,620. Out of the 4,445 one-bedroom apartments currently on the market in Memphis, 2,318 are priced below $1,200, accounting for 52% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,200: Memphis vs. Surrounding Areas

Memphis, TN
Southaven, MS
Marion, AR
West Memphis, AR
Millington, TN
Robinsonville, MS
575
6
5
5
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 July, 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 618 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 July M/M % Change
Memphis, TN 576 +1.01%
Southaven, MS 7 +1.13%
Marion, AR 6 +0.91%
West Memphis, AR 6 +0.83%
Millington, TN 4 +1.19%
Robinsonville, MS 4 +1.04%
Horn Lake, MS 3 +1.0%
Cordova, TN 3 +1.24%
Collierville, TN 1 +1.36%
Walls, MS 1 +1.14%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 7,020
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 207
Pet friendly 1,088
Utilities included 307
Furnished 48
1 Bedroom 540
2 Bedroom 710
3 Bedroom 225

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Orange mound, Voillintine-evergreen, Cooper-young, Downtown memphis
South Forum 6
Orange Mound 6
Voillintine-Evergreen 5
Cooper-Young 4
Downtown Memphis 2
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