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Apartments Under $1,200 in Memphis, TN

181 - 210 of 508 Results
11
$685 - 1,005
Town House Apartment Homes
3.4
1437 Central Avenue Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Section 8
8
$555 - 835
Village Green Apartments
2.6
3450 Fescue Lane Memphis, TN
1 - 3 BR | Available Now
Contact
Cat Friendly
Luxury
Air Conditioning
Covered Parking
Balcony/Deck/Patio
19
$987
40 S Morrison St Unit Midtown Pl
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
9
$999
Don't Miss Out Apply Today
4125 Chelsea Avenue Ext Memphis, TN
2 BR | Ask for Availability
Contact
House
15
$1,095
3395 Edgar St
Memphis, TN
3 BR | Ask for Availability
Contact
House
9
$945
Great 2 Bed + 1 Bath Home!
1964 Southern Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
Air Conditioning
Cooper-Young
19
$895
Midtown Memphis Apartment
1616 Monroe Ave Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Dishwasher
17
$1,150
4227 Ann Arbor Ln
Memphis, TN
3 BR | Ask for Availability
Contact
House
11
$955
Spacious 3 Bed 1 Bed In Alta Vista
3188 Melbourne St Memphis, TN
3 BR | Ask for Availability
Contact
House
5
$800
Large 4br House For Rent In Memphis
644 Northaven Dr Memphis, TN
4 BR | Ask for Availability
Contact
House
17
$995
Apply Now!
1824 Netherwood Ave Memphis, TN
2 BR | Ask for Availability
Contact
House
1
$950
Charming 2-bedroom, 1-bath Duplex Nestled On A Tranquil Street
1680 Pendelton St Memphis, TN
2 BR | Available Now
Contact
House
2
$545
549 Wells Ave
Memphis, TN
2 BR | Ask for Availability
Contact
1
$1,025
Schedule Today To See This Midtown Apartment -location, Location, Location! -newly Renovated Near Zoo
1099 N Parkway Ave Unit 3 Memphis, TN
2 BR | Available Now
Contact
1
$1,025
Super Cozy Newly Remolded Home - 2 Bedroom 1 Bath -open To Section 8
3044 Green Rd Memphis, TN
3 BR | Available Now
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House
1
$849
Below Market Rent!
4706 Royal Ridge Dr Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$950
First Month's Rent Free!
3424 Carnes Rd Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$695
605 E Mclemore Ave
Memphis, TN
2 BR | Available Now
Contact
1
$1,075
3784 Kearney
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$975 - 1,140
Ridgeway Commons
6033 Bangalore Ct Memphis, TN
1 - 2 BR | Available Now
Contact
$850 - 1,175
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
1
$1,100
1165 Springdale St
Memphis, TN
3 BR | Available Now
Contact
House
1
$1,050
1295 Floyd Ave
Memphis, TN
2 BR | Dec. 31, 2024
Contact
2
$1,195
1737 Capri - Available Now!
1737 Capri St Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,150
4790 Rickard Rd - Available Now!
4790 Rickard Rd Memphis, TN
3 BR | Ask for Availability
Contact
House
2
$1,200
4052 Southlawn Ave
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
1
$895
1349 Frayser
Memphis, TN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,100
609 Ledbetter Ave
Memphis, TN
3 BR | Available Now
Contact
House
1
$725
Newly Renovated Home In Frayser - 1/2 Off The 1st Month's Rent - Utilities Included
3205 E Shirley Cir Unit 3 Memphis, TN
1 BR | Available Now
Contact
1
$999
Below Market Rent!
3050 Cromwell Ave Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
181 - 210 of 508 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 508 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, 1,585 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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