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Apartments Under $1,200 in Memphis, TN

31 - 60 of 462 Results
9
$985
373 Buntyn St
Memphis, TN
2 BR | Jun. 3, 2024
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House
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9
$980 - 1,200
The Brooklyn
3094 Autumnwood Ave Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
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Dishwasher
4
$800
3193-95 Forest Glen
3193 Forest Gln Memphis, TN
2 BR | Available Now
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Storage
Disability Access
23
$1,050
Adorable 3/1 Now Available For Rent In Grahamwood!
3644 Faxon Ave Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
7
$1,200
2br East Memphis
71 W Lafayette St Memphis, TN
2 BR | Jun. 10, 2024
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14
$1,095
Newly Renovated Home In Raleigh
3612 Ridgemont Rd Memphis, TN
3 BR | Available Now
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House
8
$1,050
Adorable 2 Bed Bungalow In Vollintine Evergreen
874 Garland St Memphis, TN
2 BR | Available Now
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House
8
$650
3580 BRISTERWOOD
Memphis, TN
1 BR | Available Now
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Dishwasher
28
$1,200
Adorable 3/1 Home Now Available For Rent!!
3568 Coleman Ave Memphis, TN
3 BR | Available Now
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House
13
$750
Knob Hill Apartments
1089 Florida St Memphis, TN
2 BR | Available Now
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Income Restricted
Air Conditioning
Balcony/Deck/Patio
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Disability Access
7
$795
2734 Southern Duplex
2734 Southern Ave/593 Marianna St Memphis, TN
2 BR | Available Now
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12
$1,100
3566 Bristerwood
Memphis, TN
2 BR | Available Now
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9
$795 - 850
1632 Monroe Ave.
1632 Monroe St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
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7
$995
Sharma 1770
1770 Poplar Ave Memphis, TN
2 BR | Jun. 10, 2024
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Surface Parking
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Disability Access
Dishwasher
4
$925
Peabody Place Apartments
1896 Peabody Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
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7
$895
4 Success Realty Is Now Offering This 3 Bedroom , 1 Bath Home. This Home Also Comes With Central Air/heat ,and A Spacious Back Yard. Call 4 Success Realty For Your Private Showing.
2231 Nunnelee Ave Memphis, TN
3 BR | Available Now
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House
6
$775
4 Success Is Now Offering This 2 Bedroom Home.
1516 Britton St Memphis, TN
2 BR | Available Now
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House
10
$799
1 Bed, 1 Bath (new Appliances) In Berclair
3727 Faxon Ave Memphis, TN
1 BR | Available Now
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House
7
$795
410/412 N Bellevue Blvd
Memphis, TN
1 BR | Available Now
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5
$895
Parkway Place Apartments
2342 Parkway Pl Memphis, TN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
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4
$850
Parkside Poplar Apartments
1969-1973 Poplar Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
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Disability Access
20
$835
Shared Housing College Experience!
696 Tiger Estates Cv Memphis, TN
1 BR | Available Now
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Dishwasher
4
$1,175
Peabody Falls
2017 Peabody Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
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6
$795 - 1,175
The Bowery-memphis
6332 Village Grove Dr Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
6
$850
Vsa - Bldg 12
2058 Jefferson St Memphis, TN
1 BR | May. 31, 2024
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Dog Friendly
Cat Friendly
Storage
5
$725
Shady Oaks Apartments
516-522 Sharon Dr Memphis, TN
2 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
11
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
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11
$1,195
981 Parkhaven
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
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15
$650
Duplex Located In Berclair/ Highland Heights Available For Rent + Move- In Ready + Call For Showings
1096 Gordon St Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
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19
$895
Charming 3/1 South Memphis Home!
289 Charter Ave Memphis, TN
3 BR | Available Now
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Air Conditioning
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31 - 60 of 462 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 462 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 92 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 1,337 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 2,634 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. Cooper-Young
  2. Central Gardens
  3. Orange Mound
  4. Voillintine-Evergreen
  5. McKeller

Apartments Under $1,200 in Memphis, TN: May 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
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $940, with the majority falling between $550 and $1,590. Out of the 2,123 one-bedroom apartments currently on the market in Memphis, 1,279 are priced below $1,200, accounting for 60% of the total available one-bedroom units in Memphis.

Available Apartments Under $1,200: Memphis vs. Surrounding Areas

Memphis, TN
Horn Lake, MS
Southaven, MS
Cordova, TN
Robinsonville, MS
426
7
6
3
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 May, 2024. 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 469 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 May M/M % Change
Memphis, TN 426 +1.04%
Horn Lake, MS 7 +0.92%
Southaven, MS 6 +1.14%
Cordova, TN 3 +1.11%
Robinsonville, MS 3 +1.0%
Millington, TN 3 +1.18%
West Memphis, AR 2 +1.33%
Germantown, TN 2 +1.0%
Walls, MS 2 +1.0%
Olive Branch, MS 2 +0.33%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,188
Top amenities On Site Laundry, Refrigerator, Pool, Range / Oven, Microwave
Deals 115
Pet friendly 824
Utilities included 266
Furnished 48
1 Bedroom 367
2 Bedroom 536
3 Bedroom 141
Square footage 416 - 1,340

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Cooper-young, Central gardens, Orange mound, Voillintine-evergreen, Mckeller
Cooper-Young 5
Central Gardens 2
Orange Mound 2
Voillintine-Evergreen 2
McKeller 2
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