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Apartments Under $1,200 in Memphis, TN

1 - 30 of 512 Results
12
$950 - 1,155
King's Reserve Memphis - 55+ Senior
1550 N Pkwy Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
10
$850 - 1,075
The Elevation at Autumn Ridge
6301 Village Grove Dr Memphis, TN
Studio - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
36
$1,175 - 1,750
The Villas at Germantown
Deal
5.0
3750 Moraine St Memphis, TN
Studio | Feb. 7, 2025
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
27
$1,080 - 1,158
The Park at Forest Hill
Deal
8285 Irene Boulevard Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
22
$805 - 1,170
Azure Place
Deal
3896 Chippewa Rd Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
46
$807 - 2,094
Greenbrook at Shelby Farms
4.6
1400 Greenbrook Parkway Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
32
$731 - 1,165
Hilldale Apartments
3500 Westline Dr Memphis, TN
1 - 3 BR | Available Now
Contact
Air Conditioning
Surface Parking
13
$1,124 - 1,310
Legends Park Apartments
Deal
2.8
198 N Pauline St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
In Unit Laundry
Balcony/Deck/Patio
29
$1,160 - 1,394
University Place Apartments
Deal
3.3
1045 East Eh Crump Blvd Memphis, TN
1 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
17
$899 - 1,199
Tanglewood
Deal
5770 Tangle Oaks Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Pool
35
$1,045 - 1,200
The Park at Paisley
4.2
3315 Ridgeway Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
17
$850 - 1,200
The Park at New Castle
6860 Quince Road Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
19
$691 - 1,045
Foote Park At South City
521 Vance Park Place Memphis, TN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
22
$900 - 1,150
The Park at Hollyford
2.6
6555 North Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
31
$1,160
The Tower at Kent
366 S Highland St Memphis, TN
1 BR | Jan. 20, 2025
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
3
$1,071
Chapel Place Homes (Affordable Housing; Income Limit Restrictions Apply)
5228 Whistling Duck Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Balcony/Deck/Patio
Dishwasher
28
$1,000 - 1,250
266 Lofts
2.6
266 S Front St Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
23
$1,124 - 1,250
Legends Park Apartments
3.6
198 N Pauline St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
7
$1,150
23-25 S. McLean
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
20
$1,025 - 1,100
Eleven60 Apartments
1160 Jefferson Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
7
$750
University Flats
3459 Southern Ave Ofc Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
9
$895
Perfect Midtown Location
2780 Madison Ave Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$995
Jefferson Place Apartment Homes Is The Best Of Both Worlds Waiting For You.
560 S Jefferson Pl Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,145
Broadmoor Apartments
306 S Cleveland St Memphis, TN
2 BR | Jan. 17, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Storage
5
$1,090
Poplar Pines
1867 Poplar Pines Dr Memphis, TN
1 BR | Available Now
Contact
1
$1,050
Cozy & Comfortable Newly Renovated 3 Bedroom Home In Hyde Park Area
1436 Austin St Memphis, TN
3 BR | Available Now
Contact
House
1
$950
Schedule Today To See This Midtown 1 Bedroom Newly Renovated Apartment - Move In Ready!
525 N Waldran Blvd Unit 2 Memphis, TN
1 BR | Available Now
Contact
12
$1,100
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
Contact
3
$1,195
2752 - 54 Madison
Memphis, TN
2 BR | Available Now
Contact
0
$1,195
Newly Renovated Home In Vollitine-evergreen
739 N Avalon St Memphis, TN
2 BR | Available Now
Contact
House
1 - 30 of 512 Results
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  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 512 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 124 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 1,625 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 2,932 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. South Forum
  2. Cooper-Young
  3. Voillintine-Evergreen
  4. Downtown Memphis
  5. Orange Mound

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
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,000, with the majority falling between $570 and $1,430. Out of the 2,598 one-bedroom apartments currently on the market in Memphis, 1,585 are priced below $1,200, accounting for 61% of the total available one-bedroom units in Memphis.

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

Memphis, TN
Southaven, MS
Horn Lake, MS
Robinsonville, MS
West Memphis, AR
Millington, TN
482
9
5
3
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 December, 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 570 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 483 +1.09%
Southaven, MS 10 +1.11%
Horn Lake, MS 6 +1.24%
Robinsonville, MS 4 +1.0%
West Memphis, AR 3 +1.23%
Millington, TN 3 +1.18%
Bartlett, TN 3 +0.79%
Cordova, TN 3 +0.87%
Marion, AR 2 +0.7%
Walls, MS 2 +1.09%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 4,943
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 100
Pet friendly 773
Utilities included 183
Furnished 48
1 Bedroom 368
2 Bedroom 490
3 Bedroom 183
Square footage 357 - 1,300

Where are Memphis Apartments Under $1,200?

Top Neighborhoods South forum, Cooper-young, Voillintine-evergreen, Downtown memphis, Orange mound
South Forum 5
Cooper-Young 4
Voillintine-Evergreen 4
Downtown Memphis 2
Orange Mound 2
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