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Apartments Under $1,200 in Memphis, TN

241 - 270 of 507 Results
1
$1,150
Newly Renovated In Great Location!!
4302 Knight Arnold Rd 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
1
$850
5336 Airways Blvd
Memphis, TN
1 BR | Available Now
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House
0
$825
1938-2006 E Raines/Bonnie
Memphis, TN
2 BR | Available Now
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0
$695
607 Mclemore Ave
Memphis, TN
2 BR | Available Now
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3
$995
4870 Applestone - Available Now!
4870 Applestone St Memphis, TN
3 BR | Ask for Availability
Contact
House
1
$675 - 750
1253 Cannon St
Memphis, TN
Studio | Available Now
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1
$1,195
2bd/1.5ba Townhouse Located On The Germantown/memphis Line!
6724 Majestic Oak Pl Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$750
1742 Lawrence Apartments
1742 Lawrence Ave Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
0
$900
Westside Manor
931 Frayser Blvd Memphis, TN
3 BR | Available Now
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1
$775
195 Hawthorne
Memphis, TN
1 BR | Available Now
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Dog Friendly
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
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Dog Friendly
Cat Friendly
House
1
$950
First Month's Rent Free!
3424 Carnes Rd Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$695
605 E Mclemore Ave
Memphis, TN
2 BR | Available Now
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1
$1,075
3784 Kearney
Memphis, TN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
0
$975 - 1,140
Ridgeway Commons
6033 Bangalore Ct Memphis, TN
1 - 2 BR | Available Now
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2
$1,195
1737 Capri - Available Now!
1737 Capri St Memphis, TN
3 BR | Ask for Availability
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House
2
$1,150
4790 Rickard Rd - Available Now!
4790 Rickard Rd Memphis, TN
3 BR | Ask for Availability
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House
1
$1,075
Awesome Condo
5655 San Mateo Cv #2 Memphis, TN
2 BR | Jan. 18, 2025
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House
1
$999
1bd/1ba Townhouse Located On The Germantown/memphis Line!
1639 Quail Hollow Rd Memphis, TN
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,000
The Summereast
770-850 Barlett Rd Memphis, TN
2 BR | Available Now
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1
$1,075
- Open To Section 8 -newly Renovated 3 Bedroom 2 Bath Located In Northaven
955 Chesterton Dr Memphis, TN
3 BR | Available Now
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House
1
$1,195
3199 Ridgemont Rd
Memphis, TN
3 BR | Ask for Availability
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House
2
$995
Available Now!!
2765 Walnut Rd Memphis, TN
3 BR | Ask for Availability
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House
1
$1,150
3526 Spottswood Ave
Memphis, TN
2 BR | Ask for Availability
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1
$750
3023 Josibpet Ln
Memphis, TN
1 BR | Available Now
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Dog Friendly
House
Air Conditioning
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
1
$950
Newly Renovated 3 Bedroom 1 Bath Home
3910 Ferdie Cv Memphis, TN
3 BR | Available Now
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House
0
$950
Peabody Village: Your Gateway To Comfort And Convenience
336 S Dudley St Memphis, TN
2 BR | Available Now
Contact
Dishwasher
241 - 270 of 507 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 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, 1,585 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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