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Apartments Under $1,200 in Memphis, TN

241 - 270 of 578 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
10
$1,200
3156 Clarendon Rd
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
11
$945
896 Leacrest Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
$725
770 Brower St
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
$685
3039 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
5
$975
3161 Josibpet Ln
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Air Conditioning
7
$750
3040 Josibpet Ln
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Air Conditioning
9
$975
835 Candace Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$875
1032 N Evergreen St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Voillintine-Evergreen
12
$1,150
4224 Philsdale Ave
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$1,045
80 Otsego Dr
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$995
6571 Elkgate St
Memphis, TN
2 BR | Dec. 15, 2025
Contact
Dog Friendly
Cat Friendly
House
$750 - 850
Stonegate Apartments
4500 Stonegate Dr Memphis, TN
1 - 2 BR | Available Now
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Disability Access
1
$1,035
Welcome To 1560 Cane Road!
1560 Cane Rd Memphis, TN
3 BR | Available Now
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House
1
$800
371 Modder Ave
Memphis, TN
3 BR | Ask for Availability
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House
0
$865
Duplex Near Summer Ave.
3385 Vernon Ave Memphis, TN
2 BR | Available Now
Contact
1
$1,035
Welcome To 2302 Alameda Ave!
2302 Alameda Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,040
Welcome To 858 Brandywine Blvd In Memphis, Tn!
858 Brandywine Blvd Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$725 - 1,200
Kings Reserve Memphis
1550 N Pkwy Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
2
$1,095
Inviting 3-bed Single-story Home With Modern Updates & Fenced Backyard
4440 Range Line Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
0
$1,090
Welcome To 2268 Jackson Ave!
2268 Jackson Ave Memphis, TN
2 BR | Available Now
Contact
Dishwasher
1
$850
Renovated 2 Bdrm 1 Bath | Duplex | Open To Section 8 | $99 Move In Special
1919 Farrington St Memphis, TN
2 BR | Available Now
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House
1
$990
Welcome To 745 Harahan Road!
745 Harahan Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,110
First Month Free; Adorable Duplex In Crosstown Area!
1511 Jackson Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
Fireplace
1
$1,200
Newly Renovated Home For Rent In Parkway Village - $99 Move In Special
4134 Berrywood Ave Memphis, TN
3 BR | Available Now
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House
1
$750
3181 Radford
Memphis, TN
2 BR | Available Now
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House
1
$895
4101 Bayliss
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,090
Move In By 11.30.25- Get Half Off First Month Rent! Welcome To 871 Freeman St!
871 Freeman St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,135
Welcome To 745 Margie Dr!
745 Margie Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
1
$1,090
Welcome To 3123 Signal St!
3123 Signal St Memphis, TN
3 BR | Available Now
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House
241 - 270 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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