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Apartments Under $1,200 in Memphis, TN

451 - 480 of 513 Results
2
$750
1205 Vance
Memphis, TN
2 BR | Available Now
Contact
Storage
Dishwasher
$500
911 Kney
Memphis, TN
2 BR | Available Now
Contact
House
Storage
$649 - 749
Cane Creek
1528 Ragan Street Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
$490 - 650
Ashton Hills
4183 Troost Drive Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Covered Parking
$380 - 565
Charter Oak Apartments
5473 Vander Oak Drive Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Air Conditioning
2
$940 - 1,155
Miller Creek At Germantown
5.0
3769 Skipping Stone Trace Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
1
$775
3948 Royal Oaks Dr
Memphis, TN
2 BR | Ask for Availability
Contact
3
$425
The Peach Apartments
1330 Peach Ave Memphis, TN
1 BR | Available Now
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1
$350
660 Jennette
Memphis, TN
2 BR | Available Now
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House
0
$695
Text Our Leasing Team At 901-820-4367 To Schedule A Tour! - Housing Choice Section 8 Friendly
1333 Halcomb Ln Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$950
Nice Home In The U Of M Area
3781 Barron Ave Memphis, TN
2 BR | Available Now
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House
0
$850
88 Greer
Memphis, TN
2 BR | Available Now
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Cat Friendly
House
Dishwasher
1
$475
3803 Given
Memphis, TN
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
1
$675
Fantastic Whitehaven Apartment!
4050 Barton Dr Memphis, TN
1 BR | Ask for Availability
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1
$495
1386 Court Ave
Memphis, TN
1 BR | Ask for Availability
Contact
0
$600
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
3266 Yale Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$600
Cozy 1 Bedroom
863 Dunlap St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$725
Fantastic Whitehaven Apartment!
4070 Barton Dr Memphis, TN
2 BR | Ask for Availability
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1
$775
Fantastic Whitehaven Apartment!
4040 Barton Dr Memphis, TN
2 BR | Ask for Availability
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1
$775
Fantastic Whitehaven Apartment!
3980 Barton Dr Memphis, TN
2 BR | Ask for Availability
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1
$650
1135 Melrose St
Memphis, TN
2 BR | Ask for Availability
Contact
0
$950
Newly Renovated Home In Raleigh
3656 Dorado Ave Memphis, TN
3 BR | Available Now
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House
0
$850
Te - Tigerestatesdr692
692 Tiger Estates Dr Memphis, TN
1 BR | May. 15, 2025
Contact
0
$950
4 Success Is Now Offering This Spacious 3-bedroom 2- Bath Home.
832 Marianna St Memphis, TN
3 BR | Available Now
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House
Orange Mound
1
$675
Mayflower Apartments
35 N. Mclean Memphis, TN
1 BR | Available Now
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0
$1,195
Renovated 2 Bedroom 1 Bathroom !
2306 Devoy Ave Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$700
Cozy 1 Bedroom Home!!
829 Dunlap Cir Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$1,195
4106 Knight Arnold
Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$995
1 Bedroom 1 Bath Near Avalon And Overton Park Ave In Midtown Memphis
380 N Willett St Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$849
Below Market Rent!
2730 Fizer Rd Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
451 - 480 of 513 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 513 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 2,936 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 2,608 one-bedroom apartments currently on the market in Memphis, 1,583 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 4
Cooper-Young 4
Voillintine-Evergreen 4
Downtown Memphis 2
Orange Mound 2
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