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Apartments Under $1,200 in Memphis, TN

211 - 240 of 578 Results
11
$685 - 1,005
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
9
$895
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$771
Brownbark Dr
Memphis, TN
1 BR | Ask for Availability
Contact
20
$1,195
3171 Princeton Ave
Memphis, TN
3 BR | Ask for Availability
Contact
House
4
$1,195
Section 8 Friendly
3724 Deer Forest Dr Memphis, TN
2 BR | Ask for Availability
Contact
House
22
$900
1753 Bismark St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$650
1651 Dena Dr
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
House
23
$1,000
3174 Walnut Grove Rd
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
20
$900
1099 Will Scarlet Rd
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
6
$899
1658 Dena Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
House
14
$950
Gorgeous 3 Bed, 1 Bath Home W/ Covered Parking
5319 Braden Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
2
$775
148 Stonewall Pl
Memphis, TN
1 BR | Dec. 19, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
14
$1,045
Charming 3-bedroom Single-story Home With Fenced Yard & Storage Shed
5221 Braden Dr Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
1
$925
2 Bdrm, 1.5 Bath Townhome | Hickory Ridge
3754 Cambridge Station Dr Memphis, TN
2 BR | Available Now
Contact
House
11
$975
3509 Brantley RD
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$975
681 Northaven Dr
Memphis, TN
3 BR | Ask for Availability
Contact
House
23
$995
Section 8 Home Available Now.
822 Kippley St Memphis, TN
3 BR | Ask for Availability
Contact
House
5
$699
1633 Dena Dr
Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
House
8
$895
1/2 Off 1st Month's Rent!!!
3311 Baskin St Memphis, TN
3 BR | Ask for Availability
Contact
House
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
Contact
Dog Friendly
Cat Friendly
House
14
$850
648 Pawnee Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
60
$995
O
Memphis, TN
2 BR | Available Now
Contact
31
$675
865 Dillworth
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$975
837 Candace Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
6
$850
1323 W Victor Dr
Memphis, TN
3 BR | Dec. 23, 2025
Contact
Dog Friendly
Cat Friendly
House
10
$1,200
3156 Clarendon Rd
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
14
$685
3039 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
10
$750
2922 Hale Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
6
$809
3060 Juca Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
211 - 240 of 578 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 578 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 2,089 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 3,410 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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