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Apartments Under $1,200 in Memphis, TN

241 - 270 of 571 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
11
$859
3151 Ashwood Rd
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
11
$1,150
3151 Ashwood Rd
Memphis, TN
3 BR | Ask for Availability
Contact
Air Conditioning
Dishwasher
1
$1,150
Great Neighborhood - Lots Of Room
970 Sandra St Memphis, TN
3 BR | Apr. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$1,175
10th Floor Unit!
1271 Poplar Ave #1002 Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
Pool
1
$965
Madison Gardens
1655 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
15
$999
1751 Poplar Ave Unit A
Memphis, TN
2 BR | Apr. 15, 2026
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
54
$875
1280 Harbert Ave.
1280 Harbert #5 Memphis, TN
2 BR | May. 15, 2026
Contact
Dog Friendly
Cat Friendly
1
$550
165 N Merton
165 N Merton Ave Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Storage
Disability Access
4
$1,145
Charming 3- Bed, 2-bath Home
2184 Stephanie Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
14
$1,095
Newly Remodeled 3-bed Brick Home With Open Layout & Fenced Backyard
1925 Alta Vista Ave Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
21
$720
O - 2966 Yale Ave - 2966 Yale Ave
Memphis, TN
2 BR | Available Now
Contact
10
$900
3300 Benjestown Rd
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$1,095
282 Garland St
282 Garland Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
9
$771
Brownbark Dr
Memphis, TN
1 BR | Ask for Availability
Contact
1
$1,175
Newly Renovated In Mt Pisgah - Open To Section 8
580 Blackhawk Rd Memphis, TN
3 BR | Available Now
Contact
House
9
$1,100
629 E Trigg St
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$800
132 N Evergreen St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$850
Section 8 Home Available Now.
4427 Ryan St Memphis, TN
3 BR | Ask for Availability
Contact
House
0
$835
Abington
4616 Scott Crossing Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
0
$880 - 1,150
Highland Chateau
5246 Raleigh Lagrange Rd Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
0
$1,000 - 1,200
Highland Hills
2831 Fosterwood Dr Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
5
$1,095
4644 Huckleberry Cv
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
25
$850 - 999
159 N Belvedere - 159 N Belvedere
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$490 - 650
Ashton Hills
4183 Troost Drive Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
$649 - 749
Cane Creek
1528 Ragan Street Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
1
$695
Delightful 2 Bedroom 1 Bath Duplex - Open To Section 8 - $99 Move In Specail
1133 Gerard St Memphis, TN
2 BR | Available Now
Contact
House
1
$550
Studio Apartment In Midtown
1435 Madison Ave #6 Memphis, TN
Studio | Available Now
Contact
1
$625
Charming 1 Bedroom, 1 Bath | Open To Section 8
2255 Marble Ave Memphis, TN
1 BR | Available Now
Contact
House
241 - 270 of 571 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 571 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 167 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 2,219 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 3,532 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. Cooper-Young
  3. Downtown Memphis
  4. Central Gardens
  5. Orange Mound

Apartments Under $1,200 in Memphis, TN: April 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 15 30 45 60 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,070, with the majority falling between $630 and $1,700. Out of the 3,925 one-bedroom apartments currently on the market in Memphis, 2,143 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
Southaven, MS
West Memphis, AR
Marion, AR
Cordova, TN
Millington, TN
Robinsonville, MS
Horn Lake, MS
598
8
7
6
5
5
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 April, 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 608 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 April M/M % Change
Memphis, TN 599 +0.98%
Southaven, MS 9 +0.84%
West Memphis, AR 7 +1.19%
Marion, AR 7 +1.09%
Cordova, TN 6 +0.9%
Millington, TN 5 +0.97%
Robinsonville, MS 5 +0.92%
Horn Lake, MS 4 +1.08%
Collierville, TN 3 +0.87%
Walls, MS 1 +1.11%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,488
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 248
Pet friendly 986
Utilities included 237
Furnished 48
1 Bedroom 494
2 Bedroom 683
3 Bedroom 202

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, Cooper-young, Downtown memphis, Central gardens, Orange mound
Voillintine-Evergreen 7
Cooper-Young 5
Downtown Memphis 4
Central Gardens 3
Orange Mound 3
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