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Apartments Under $1,200 in Memphis, TN

31 - 60 of 606 Results
1
$700
2119 Hunter
Memphis, TN
3 BR | Available Now
Contact
House
1
$695
Te - Spottswoodave3885
3885 Spottswood Ave Memphis, TN
1 BR | Available Now
Contact
0
$895 - 950
972-336 Peabody/S Dudley
Memphis, TN
2 BR | Available Now
Contact
1
$900
Renovated House In Quite Neighborhood
1507 Wilson St Memphis, TN
2 BR | Available Now
Contact
Cat Friendly
House
1
$750
Renovated House In Quite Neighborhood
1475 Pope St Memphis, TN
2 BR | Available Now
Contact
House
3
$900 - 1,199
Printer's Alley Lofts
347 S Front St Memphis, TN
1 BR | Available Now
Contact
South Forum
1
$750
1591 Locust
Memphis, TN
1 BR | Available Now
Contact
1
$995
Nice Quite Neighborhood
4372 Bluebell St Memphis, TN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$725
Newly Renovated House On A Quiet Street
701 Lyman Memphis, TN
2 BR | Available Now
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House
1
$950
Beautiful House In Quite Neighborhood
2206 Hillside Ave Memphis, TN
3 BR | Available Now
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House
1
$975
Great Property In Quite Neighborhood
3582 Kensett Dr Memphis, TN
3 BR | Available Now
Contact
Cat Friendly
House
$950 - 1,195
The Wendell
2038-2046 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dishwasher
Cooper-Young
11
$1,000 - 1,125
Quimby Plaza Apartments
Deal
198 N Pauline St Memphis, TN
1 - 2 BR | Available Now
Contact
Covered Parking
Surface Parking
Fitness Center
Dishwasher
Pool
49
$790 - 995
Uptown Square Apartments
252 North Lauderdale Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
19
$995
4448 Powell Ave
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
4
$795
Parkside Poplar Apartments
1969-1973 Poplar Ave Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
74
$950 - 1,150
Idlewild 45
45 S Idlewild St Memphis, TN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
22
$979 - 1,133
Foote Park at South City Apartments
Deal
410 S Danny Thomas Blvd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
46
$749 - 2,062
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
29
$750 - 1,184
Tillman Cove
3000 Binghampton Sq Ste 107 Memphis, TN
1 - 2 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
18
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
25
$929 - 2,088
The Junction
Deal
3341 Southern Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
14
$890 - 1,005
Getwell Pointe Apartments
2973-3007 Getwell Rd Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
37
$715 - 1,010
Summer Trace Apartments
3.2
6015 Summer Trace Memphis, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
16
$850 - 995
Graceland Flats – Modern Living In The Heart Of Whitehaven
3990 Barton Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
12
$900
Spottswood Manor Townhomes
Spottswood Manor Dr Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
24
$1,144 - 1,662
Kiwi Goji
197 Windover Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
10
$900 - 1,050
Gorgeous Renovated 1 & 2 Bedroom Apartment @ 1512 Court
1512 Court Ave Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
4
$750 - 775
1626 Monroe Ave.
1626 Monroe Memphis, TN
1 BR | Jan. 16, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
16
$695 - 849
1938-2006 E Raines/Bonnie
Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
31 - 60 of 606 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 606 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 164 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 2,154 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 3,499 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. Voillintine-Evergreen
  2. Orange Mound
  3. South Forum
  4. New Chicago
  5. Cooper-Young

Apartments Under $1,200 in Memphis, TN: January 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 $1,600 $1,680
This month, the typical cost to rent a one-bedroom apartment in Memphis stands at $1,100, with the majority falling between $630 and $1,700. Out of the 3,599 one-bedroom apartments currently on the market in Memphis, 2,087 are priced below $1,200, accounting for 58% of the total available one-bedroom units in Memphis.

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

Memphis, TN
West Memphis, AR
Marion, AR
Southaven, MS
Robinsonville, MS
Horn Lake, MS
Cordova, TN
Millington, TN
554
9
7
6
4
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 January, 2026. 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 644 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 January M/M % Change
Memphis, TN 555 +0.95%
West Memphis, AR 9 +1.0%
Marion, AR 7 +1.07%
Southaven, MS 7 +1.0%
Robinsonville, MS 4 +1.0%
Horn Lake, MS 3 +1.09%
Cordova, TN 3 +0.67%
Millington, TN 3 +0.57%
Walls, MS 3 +1.33%
Collierville, TN 2 +0.43%

Looking for Apartments Under $1,200 in Memphis?

Available apartments under $1,200 6,284
Top amenities Air Conditioning, Dishwasher, Refrigerator, Pool, Range / Oven
Deals 305
Pet friendly 914
Utilities included 224
Furnished 46
1 Bedroom 441
2 Bedroom 591
3 Bedroom 228
Square footage 335 - 1,309

Where are Memphis Apartments Under $1,200?

Top Neighborhoods Voillintine-evergreen, Orange mound, South forum, New chicago, Cooper-young
Voillintine-Evergreen 7
Orange Mound 4
South Forum 3
New Chicago 3
Cooper-Young 3
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