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Apartments Under $1,200 in Memphis, TN

271 - 300 of 507 Results
1
$950
Schedule Today To See This Midtown 1 Bedroom Newly Renovated Apartment - Move In Ready!
525 N Waldran Blvd Unit 4 Memphis, TN
1 BR | Available Now
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1
$700
2507 Staten
Memphis, TN
2 BR | Available Now
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House
3
$675
1256 Cannon St
Memphis, TN
Studio | Available Now
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1
$1,195
Beautiful 3 Bedroom, 1 Bathroom Home For Rent!
4042 Cottonwood Rd Memphis, TN
3 BR | Ask for Availability
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House
Air Conditioning
0
$995 - 1,095
Beautiful 2 Bedroom, 1 Bathroom Apartment For Rent!
49 S Morrison St Memphis, TN
2 BR | Ask for Availability
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Air Conditioning
1
$950
Newly Renovated 3 Bedroom 1 Bath Home
3910 Ferdie Cv Memphis, TN
3 BR | Available Now
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House
1
$975
Charming 3-bedroom, 1-bath Home In The Heart Of Berclair
1230 Darlow St Memphis, TN
3 BR | Available Now
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House
0
$895
Peabody Village: Your Gateway To Comfort And Convenience
972 Peabody Ave Memphis, TN
2 BR | Available Now
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Dishwasher
0
$950
Peabody Village: Your Gateway To Comfort And Convenience
336 S Dudley St Memphis, TN
2 BR | Available Now
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Dishwasher
1
$750 - 850
Dove Creek Apartments
4651 Royal Ridge Dr Memphis, TN
1 - 2 BR | Available Now
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1
$1,095
3933 Rossiland
Memphis, TN
3 BR | Available Now
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House
1
$999
Below Market Rent!
6917 Hillindale Dr Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$1,140
Madison19 In The Medical District
670 Madison Ave Unit 107 Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$699
3855 Jackson Ave
Memphis, TN
1 BR | Ask for Availability
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1
$800
3855 Jackson Ave
Memphis, TN
2 BR | Ask for Availability
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1
$1,015
645 E Davant Ave
Memphis, TN
3 BR | Ask for Availability
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House
McKeller
8
$775 - 1,100
The Lofts At Union Alley
5.0
110 Barboro Alley Memphis, TN
Studio - 1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Den
11
$925 - 1,100
The W. L. Apartments
5.0
267 South Main St Memphis, TN
Studio - 2 BR | Ask for Availability
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
5
$1,057
Monticello Apartments
6625 Monticello Lane Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Townhome
Section 8
Covered Parking
5
$585 - 775
Summer Trace Apartments
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Pool
5
$1,010 - 1,200
The Cornerstone Flats
3.0
113 South Main Street Memphis, TN
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
13
$775
1536 Tutwiler Ave
Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
9
$1,195
977 N White Station Rd
Memphis, TN
2 BR | Available Now
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House
23
$825
3191 Princeton Ave
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
12
$1,020 - 1,105
Island Park And Harbor Town Square
1440 Island Park Drive Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Section 8
13
$999
756 Prescott
Memphis, TN
2 BR | Available Now
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House
Storage
13
$775 - 915
Jefferson Place Apartments
3.8
560 S. Jefferson Place Memphis, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Air Conditioning
In Unit Laundry
7
$550
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
3563 Rockwood Ave Memphis, TN
1 BR | Available Now
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House
Storage
Disability Access
6
$825
Ess 26
26 N Holmes St Memphis, TN
3 BR | Available Now
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Storage
Disability Access
Dishwasher
21
$895
91 N Belvedere #16
Memphis, TN
2 BR | Available Now
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House
Storage
271 - 300 of 507 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 507 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 1,624 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 2,931 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 $560 and $1,430. Out of the 2,609 one-bedroom apartments currently on the market in Memphis, 1,584 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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