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Apartments Under $1,200 in Memphis, TN

241 - 270 of 608 Results
8
$555 - 835
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
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
15
$730
1020 Boston Street - O - 1020 Boston St
Memphis, TN
2 BR | Available Now
Contact
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
Contact
House
23
$1,015
703 N 3rd St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
12
$995
2720 Merle St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$725 - 1,200
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
1
$1,025
3659 Kimball Ave
Memphis, TN
3 BR | Available Now
Contact
House
Dishwasher
1
$965
Welcome To 784 Cherokee Ave!
784 Cherokee Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,040
Welcome To 1390 Grand St!
1390 Grand St Memphis, TN
3 BR | Available Now
Contact
House
1
$750
Come See This Charming 1 Bedroom 1 Bathroom Duplex Off Of S. Parkway
1452 Oaklawn St Memphis, TN
1 BR | Available Now
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House
0
$995
Beautiful 2 Bedroom Midtown Apartment!!
1300 Goodbar Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$740
1493 Gaither St
Memphis, TN
2 BR | Available Now
Contact
1
$895
Charming 2 Bedroom Home - Open To Section 8
3805 S Mendenhall Rd Memphis, TN
2 BR | Available Now
Contact
House
1
$1,040
Half Off Full First Months Rent !!! Welcome To 3870 Fizer Ave-
3870 Fizer Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Fireplace
1
$750
1530 Monroe Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$995
3102 Comet Cv
Memphis, TN
3 BR | Feb. 17, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$990
Half Off First Month Rent!! Welcome To 5343 Cedar Bluff Drive!
5343 Cedar Bluff Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
2
$995
Cozy 2-bedroom Brick Home With Spacious Living & Fenced Backyard
3005 Walnut Rd Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
1
$990
Welcome To 3704 Irma Street!
3704 Irma St Memphis, TN
3 BR | Available Now
Contact
House
0
$890
Welcome To 929 Maple Drive! Great Deal!!
929 Maple Dr Memphis, TN
2 BR | Available Now
Contact
1
$795
Newly Renovated 1br/1ba Duplex Near U Of M
3221 Choctaw Ave Memphis, TN
1 BR | Available Now
Contact
House
1
$925
Cozy 2‑bed, 1‑bath Home With Great Location
504 Marianna St Memphis, TN
2 BR | Available Now
Contact
House
1
$1,090
Welcome To 718 Northaven!
718 Northaven Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,195
Newly Renovated 3 Bedroom 1 Bath Home - Open To Section 8
3310 N Watkins St Memphis, TN
3 BR | Available Now
Contact
House
1
$975
Move-in Special 1/2 Off 1st Month's Rent!!
2835 Los Gatos Ct #3 Memphis, TN
2 BR | Available Now
Contact
House
1
$965
Welcome To 1273 Capital Ave!
1273 Capital Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
New Chicago
1
$1,035
1/2 Off First Month Rent! Welcome To 3159 Saint Charles Drive!
3159 Saint Charles Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$850
Move In By 02/17 And Get The First Month Rent Free! Welcome To 1080 N Evergreen St!
1080 N Evergreen St Memphis, TN
2 BR | Available Now
Contact
Voillintine-Evergreen
0
$890
Welcome To 1742 Brown Ave In Memphis, Tn!
1742 Brown Ave Memphis, TN
2 BR | Available Now
Contact
Voillintine-Evergreen
241 - 270 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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