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Apartments Under $1,200 in Memphis, TN

181 - 210 of 608 Results
1
$895
Newly Rehabbed Home In U Of M Area - Open To Section 8
1300 Robin Hood Ln Memphis, TN
2 BR | Available Now
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House
Disability Access
1
$895 - 900
U Of M Area! Fully Renovated One Bedroom Apartments Now Available!
461 S Highland St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
14
$1,150
4860 Leonard Rd
Memphis, TN
4 BR | Ask for Availability
Contact
House
24
$1,200
1271 Poplar Ave Unit 911
Memphis, TN
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
7
$695
1297 S Prescott St
Memphis, TN
1 BR | Ask for Availability
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House
9
$990
Newly Remodeled House In The 38109 Area.
4353 Ford Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
13
$799
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
12
$1,100
3432 Mayflower Ave
Memphis, TN
3 BR | Available Now
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House
15
$960
900 Brower St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
5
$995
1596 Hope St
Memphis, TN
2 BR | Feb. 23, 2026
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Dog Friendly
Cat Friendly
House
12
$825
1032 N Evergreen St
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Voillintine-Evergreen
12
$1,015
4224 Philsdale Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$900
Newly Renovated 2 Br Home| Berclair | Open To Section 8
4095 Wales Ave Memphis, TN
2 BR | Available Now
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House
Disability Access
1
$600
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
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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
1
$895 - 995
U Of M Area~~
592-600 Patterson St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
5
$999
1628 Via Roma
Memphis, TN
1 BR | Ask for Availability
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Dog 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
12
$1,195
Charming Single-story Brick Home With Fenced Yard & Storage
1247 Vistaview Cv Memphis, TN
3 BR | Ask for Availability
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House
1
$785
406/408 N Bellevue Blvd
406 408 St Memphis, TN
1 BR | Available Now
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Storage
9
$925
3484 Vernon Ave Unit 3484
Memphis, TN
2 BR | Available Now
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23
$1,015
703 N 3rd St
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
11
$950
1315 Halcomb Ln
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
12
$995
2720 Merle St
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
2
$850
1916 Felix
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Cooper-Young
1
$495
Hubbard Ave 2367-2369 (duplex) - Ah
2367 Hubbard Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,025
Move-in Ready 3-bedroom Home In Memphis – Limited Time Offer
2774 Midland Ave Memphis, TN
3 BR | Available Now
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House
Air Conditioning
Storage
Disability Access
1
$800
3605 Mynders Ave
Memphis, TN
1 BR | Available Now
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Disability Access
Dishwasher
4
$1,195
Inviting Home With Fireplace Eat-in Kitchen & Private Primary Suite
468 Elmfield Cv Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
181 - 210 of 608 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 608 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 151 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 2,140 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 3,392 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 $39,000.

Which neighborhoods have the most apartments under $1,200 for rent in Memphis, TN?

  1. Voillintine-Evergreen
  2. Central Gardens
  3. Orange Mound
  4. South Forum
  5. New Chicago

Apartments Under $1,200 in Memphis, TN: February 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 $1,050, with the majority falling between $630 and $1,620. Out of the 3,765 one-bedroom apartments currently on the market in Memphis, 2,085 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
West Memphis, AR
Marion, AR
Southaven, MS
Millington, TN
Horn Lake, MS
Cordova, TN
Robinsonville, MS
568
9
7
7
4
4
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 February, 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 653 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 February M/M % Change
Memphis, TN 568 +0.98%
West Memphis, AR 9 +1.04%
Marion, AR 7 +0.98%
Southaven, MS 7 +0.95%
Millington, TN 5 +0.6%
Horn Lake, MS 4 +0.8%
Cordova, TN 4 +0.8%
Robinsonville, MS 4 +1.0%
Collierville, TN 2 +0.82%
Walls, MS 2 +1.31%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,270
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 389
Pet friendly 1,006
Utilities included 239
Furnished 47
1 Bedroom 500
2 Bedroom 616
3 Bedroom 231
Square footage 357 - 1,301

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, Central gardens, Orange mound, South forum, New chicago
Voillintine-Evergreen 9
Central Gardens 4
Orange Mound 4
South Forum 3
New Chicago 3
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