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Apartments Under $1,200 in Memphis, TN

181 - 210 of 562 Results
11
$625
847 Ayers St
Memphis, TN
1 BR | Available Now
Contact
House
9
$925
3 Bed 1 Bath For Rent!!
5280 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
15
$850
1633 Orr St
Memphis, TN
2 BR | Available Now
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House
17
$1,199
2032 Hallwood Dr
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Voillintine-Evergreen
14
$1,195
Beautiful 3-bedroom, 1.5-bathroom Home!
3546 Gowan Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
11
$1,025
4 Bed 1.5 Bath For Rent!!!
1892 Coventry Dr Memphis, TN
4 BR | Ask for Availability
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House
27
$1,050
3238 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
10
$1,195
3-bed, 2.5 Bath Duplex Unit
2087 Saint James Dr Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
1
$975
2066 Benton St
Memphis, TN
2 BR | Available Now
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House
McKeller
1
$995
Charming Newer 1-bedroom Home In Vollintine-evergreen
1807 Jackson Ave Memphis, TN
1 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
Voillintine-Evergreen
0
$825
1202/1204 Tutwiler
1202 1204 Tutwiler Ave Memphis, TN
1 BR | Available Now
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Air Conditioning
Disability Access
1
$595
Norman Ave 2336 - 2338 (duplex) - Ah
2336 Norman Ave Memphis, TN
2 BR | Available Now
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32
$720 - 899
Welcome To Holmes Pointe Apartments!
1594-1636 E Holmes Rd Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
12
$995
Bickford Square Apartments
281 Bickford Ave Memphis, TN
3 BR | Available Now
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Dishwasher
5
$699
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
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14
$750
507 N Bellevue Blvd Unit 509
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$925
1508 Madison Ave Unit Cherokee
Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
5
$850
3br In Memphis
5356 Beaverton Dr Memphis, TN
3 BR | Ask for Availability
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House
0
$1,195
2bd/2ba Condo Located On The Germantown/memphis Line!
6706-2 Majestic Oaks Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,095
6680 Whispering Oaks #2
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
5
$995
Southern Grove Apartments
3440 Southern Ave Memphis, TN
1 BR | Available Now
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Dishwasher
10
$695
Beautiful Duplex Home
821 Lucille Ave Memphis, TN
2 BR | Ask for Availability
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House
Air Conditioning
21
$975
749 Bey St
Memphis, TN
3 BR | Available Now
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House
Orange Mound
18
$1,195
2384 Forrest Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
13
$792
Brandywine Cv
Memphis, TN
1 BR | Ask for Availability
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10
$1,025
4 Bed 1 Bath For Rent!!!
3411 Hallbrook St Memphis, TN
4 BR | Ask for Availability
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House
20
$675
482 E Mclemore Ave Unit Memphis
Memphis, TN
2 BR | Available Now
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House
19
$795
3612 Overton Crossing St
Memphis, TN
2 BR | Available Now
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House
11
$995
6695 Whispering Oak Pl
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
5
$625
262 Chelsea Ave
Memphis, TN
3 BR | Ask for Availability
Contact
181 - 210 of 562 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 562 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 161 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 2,562 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 3,997 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. Voillintine-Evergreen
  3. Downtown Memphis
  4. Orange Mound
  5. Mud Island

Apartments Under $1,200 in Memphis, TN: October 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 $1,040, with the majority falling between $650 and $1,600. Out of the 4,579 one-bedroom apartments currently on the market in Memphis, 2,524 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
Marion, AR
West Memphis, AR
Southaven, MS
Millington, TN
Cordova, TN
Robinsonville, MS
Horn Lake, MS
575
8
6
6
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 October, 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 589 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 October M/M % Change
Memphis, TN 576 +1.01%
Marion, AR 8 +0.91%
West Memphis, AR 6 +1.07%
Southaven, MS 6 +1.05%
Millington, TN 6 +0.72%
Cordova, TN 5 +0.94%
Robinsonville, MS 5 +1.01%
Horn Lake, MS 3 +1.0%
Walls, MS 1 +1.0%
Collierville, TN 1 +1.0%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 7,490
Top amenities Fitness Center, Air Conditioning, Dishwasher, Refrigerator, Pool
Deals 268
Pet friendly 989
Utilities included 330
Furnished 49
1 Bedroom 528
2 Bedroom 616
3 Bedroom 214

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Voillintine-evergreen, Downtown memphis, Orange mound, Mud island
South Forum 9
Voillintine-Evergreen 6
Downtown Memphis 3
Orange Mound 3
Mud Island 2
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