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Apartments Under $1,200 in Memphis, TN

181 - 210 of 608 Results
9
$699
1735 Delano Ave Unit 11
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$600
1160 SPRINGDALE
Memphis, TN
1 BR | Available Now
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9
$925
3484 Vernon Ave Unit 3484
Memphis, TN
2 BR | Available Now
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13
$1,000
1529 Madison Ave Unit 7
Memphis, TN
1 BR | Available Now
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Cat Friendly
Balcony/Deck/Patio
Dishwasher
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
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
5
$999
1628 Via Roma
Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
House
20
$995
Section 8 Friendly!
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
0
$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
1
$995
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
6
$1,095
3156 Given Ave
Memphis, TN
4 BR | Available Now
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House
1
$1,025
Bright & Modern 2-bedroom Home In Memphis – Half Off First Month!
4280 Emily Ave Memphis, TN
2 BR | Available Now
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House
Air Conditioning
Storage
Disability Access
10
$1,025
3113 Ruby Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
10
$1,175
1755 Cornelia Ln
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
5
$995
1315 Halcomb Ln
Memphis, TN
2 BR | Dec. 30, 2025
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Dog Friendly
Cat Friendly
27
$1,095
Great Condo In Quiet Area
3759 Wyndance Cir Memphis, TN
2 BR | Ask for Availability
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House
24
$1,095
Chambliss Village Townhomes
1086-4301 Chambliss Rd Cv Memphis, TN
2 BR | Jan. 1, 2026
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,050
2 Bedroom, 1 Bath Near Jackson And Maury / Midtown Memphis
1563 Jackson Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
4
$795
1280 Harbert #1
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$895
Imperial Arms
3636-3646 Spottswood Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
19
$1,000
2545 Spottswood Ave
Memphis, TN
2 BR | Mar. 1, 2026
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Dog Friendly
Cat Friendly
House
1
$950
Newly Rehabbed Home In Frayser - $99 Move In Special
3580 Steele St Memphis, TN
3 BR | Available Now
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House
1
$995
Charming 3-bedroom Home In Memphis, Tn — Move-in Special!
328 Hodges St Memphis, TN
3 BR | Available Now
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House
Air Conditioning
Disability Access
15
$1,175
148 Clark Pl Unit 3
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
1
$1,095
1294 Vinton Ave
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
5
$699
1629 Dena Dr
Memphis, TN
1 BR | Jan. 15, 2026
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Dog Friendly
House
13
$685
3039 Josibpet Ln
Memphis, TN
1 BR | Available Now
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Dog Friendly
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 169 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 2,166 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 3,437 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. Orange Mound
  4. New Chicago
  5. Cooper-Young

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 $620 and $1,700. Out of the 3,625 one-bedroom apartments currently on the market in Memphis, 2,112 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 631 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, Orange mound, New chicago, Cooper-young
Voillintine-Evergreen 7
South Forum 4
Orange Mound 4
New Chicago 3
Cooper-Young 3
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