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Apartments Under $1,200 in Memphis, TN

301 - 330 of 506 Results
$1,050
74 Otsego Dr
Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
$895
Beatiful 3 Bedroom, 2 Bathroom Home For Rent!
3198 Winslow Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
$1,095
4948 Vickie Dr
Memphis, TN
3 BR | Ask for Availability
Contact
House
Air Conditioning
36
$1,020 - 1,165
Vantage At Germantown
Deal
7885 Silver Spur Circle Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
5
$905 - 1,055
Riverset Apartment Homes
100 Riverset Lane Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
5
$823
Fielder Square
70 S 4th St Memphis, TN
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
5
$830
Madison Place Apartments
1772-1776 Madison Memphis, TN
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
13
$999
The Chisca On Main
4.6
272 S. Main St Memphis, TN
Studio | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
17
$815 - 915
Georgian Woods
4.1
2451 Union Avenue Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
11
$1,095
Newly Renovated (in 2023) 2 Bedroom House!
1429 James St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
9
$1,100
Gayoso House
4.9
130 S Front St Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$1,000
Pembroke Square
5.0
125 Gayoso Ave Memphis, TN
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
12
$1,020 - 1,105
Island Park And Harbor Town Square
1440 Island Park Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Section 8
13
$999
756 Prescott
Memphis, TN
2 BR | Available Now
Contact
House
Storage
13
$775 - 915
Jefferson Place Apartments
3.8
560 S. Jefferson Place Memphis, TN
1 - 2 BR | Available Now
Contact
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
Contact
House
Storage
Disability Access
6
$825
Ess 26
26 N Holmes St Memphis, TN
3 BR | Available Now
Contact
Storage
Disability Access
Dishwasher
21
$895
91 N Belvedere #16
Memphis, TN
2 BR | Available Now
Contact
House
Storage
36
$795 - 1,050
The Local
3251 Knight Trails Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
5
$615 - 749
Country Oaks
6555 Country Oaks Circle Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Pool
12
$935 - 1,321
The Estates At River Pointe
1.0
1445 River Estates Drive Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
In Unit Laundry
6
$800
3587 Bayliss Ave,
Memphis, TN
2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
House
4
$850
1280 Harbert
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$675
1435 Madison Ave
Memphis, TN
Studio | Available Now
Contact
Air Conditioning
Storage
Disability Access
12
$1,068 - 1,272
Belle Harbour
3.8
1298 Mount Hope Drive Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Section 8
13
$559 - 1,139
PER ROOM
& UNIT
The Stratum On Highland
Deal
2.9
510 S Highland St Memphis, TN
Studio - 4 BR | Available Now
Contact
Heat Included
Furnished
Student
Covered Parking
In Unit Laundry
16
$795
1051 Treadwell St
Memphis, TN
2 BR | Available Now
Contact
House
Air Conditioning
Storage
6
3D Tour
$1,100 - 1,200
South Bluffs Apartments
4.0
4 Riverview Drive W Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Short-term
9
$900
3215 Gina Drive
Memphis, TN
3 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
18
$950
147 Stonewall St
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
301 - 330 of 506 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 506 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 1,612 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 2,920 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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