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Apartments Under $1,200 in Memphis, TN

181 - 210 of 575 Results
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
13
$1,195
3205 Choctaw Ave
Memphis, TN
3 BR | Ask for Availability
Contact
House
6
$995
1863 Burnham Ave
Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
Dishwasher
17
$549
1765 E Raines Rd Apt Memphis
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
5
$999
1628 Via Roma
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
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
11
$975
3509 Brantley RD
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$685
3039 Josibpet Ln
Memphis, TN
1 BR | Available Now
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Dog Friendly
Air Conditioning
11
$945
896 Leacrest Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$725
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$975
3680 Moccasin Cv
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$1,075
3436 Ridgemont Rd
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
16
$1,095
Charming 3-bedroom Single-story Home With Fenced Backyard & Carport
4179 Cottonwood Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
5
$999
1614 Via Roma
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
House
13
$895
1st Month's Rent 1/2 Off
1108 S Greer St Memphis, TN
2 BR | Ask for Availability
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House
1
$825
Beautiful Duplex | Apply Now!!
869 Pearce St Memphis, TN
2 BR | Available Now
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House
4
$725
1280 Harbert #7
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$895
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
$785
1304 Court Ave
Memphis, TN
1 BR | Available Now
Contact
Storage
Disability Access
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
1
$975
Charming Memphis Home With Spacious Yard – Move-in Special!
363 Hodges St Memphis, TN
2 BR | Available Now
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House
Air Conditioning
1
$1,195
3 Bed, 1 Bath Near Uom
3781 Kearney St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
1
$775
144 N Belvedere
Memphis, TN
2 BR | Dec. 19, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
15
$850
454 E Norwood Ave
Memphis, TN
3 BR | Available Now
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House
Storage
McKeller
1
$895
Newly Renovated (in 2023) 2 Bedroom House!
1429 James St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
1
$1,200
Newly Renovated In Mt Pisgah - Open To Section 8
580 Blackhawk Rd Memphis, TN
3 BR | Available Now
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House
1
$725
Vsa - Bldg 14
2066 Jefferson St Memphis, TN
1 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Storage
Disability Access
181 - 210 of 575 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 575 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 2,088 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 3,409 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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