Apartments for Rent in Memphis, TN under $1200
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1 bd $940Base rent5.0 (1)711 N. Front Street, Memphis, TN 38107Apply online • Pet friendly • Air conditioner
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1 bd $777+2 bd $933+3 bd $1,198+Base rent4.5 (43)4981 Hidden Lake Drive, Memphis, TN 38128Apply online • Pet friendly • Fitness center
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1 bd $1,200Base rent4.5 (10)495 Tennessee Street, Memphis, TN 38103Apply online • Pet friendly • Fitness center
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2 bd $1,193+Base rent3.5 (13)1392 Equestrian Drive, Cordova, TN 38016Apply online • Pet friendly • Parking
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1 bd $1,200+Base rent5.0 (25)1730 Hunters Trace Dr, Memphis, TN 38120Apply online • Pet friendly • Fitness center
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1 bd $854+2 bd $859+Base rent3.5 (14)3427 Southern Avenue, Memphis, TN 38111Apply online • Pet friendly • Dishwasher
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Studio $875+1 bd $863+Base rent4.0 (4)1391 Court Avenue, Memphis, TN 38104Apply online • Pet friendly • In unit laundry
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Studio $1,042+Base rent3.0 (2)110 Barboro Alley, Memphis, TN 38103Apply online • Pet friendly • Dishwasher
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1 bd $870+2 bd $1,066+Base rent4.5 (58)6420 Knight Arnold Rd, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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1 bd $988+2 bd $1,159+Total monthly cost4.0 (18)8293 George Brett Dr, Cordova, TN 38018Apply online • Pet friendly • Fitness center
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1 bd $836+2 bd $1,075+Total monthly cost4.0 (82)6355 Briar Patch Lane, Memphis, TN 38115Apply online • Pet friendly • Fitness center
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1 bd $1,005Base rent645 North Front Street, Memphis, TN 38107Apply online • Pet friendly • Dishwasher
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1 bd $1,103+Base rent3.0 (1)8285 Irene Blvd., Memphis, TN 38125Apply online • Pet friendly • Dishwasher
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1 bd $1,135+Base rent8546 Prestine Loop, Cordova, TN 38018Apply online • Pet friendly • Air conditioner
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1 bd $843+Total monthly cost4.0 (36)3251 Knight Trails Circle, Memphis, TN 38115Apply online • Pet friendly • Parking
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1 bd $852+2 bd $937+3 bd $1,197+Total monthly cost4.0 (96)2165 E. River Trace Dr., Memphis, TN 38134Apply online • Pet friendly • Fitness center
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Studio $1,005+1 bd $1,090+Total monthly cost4.5 (7)2540 Broad Ave, Memphis, TN 38112Apply online • Pet friendly • Fitness center
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1 bd $750+2 bd $1,075+Base rent4.0 (31)3048 Moriah Trail, Memphis, TN 38115Apply online • Pet friendly • Parking
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1 bd $935+2 bd $955+Total monthly cost4.0 (25)100 Riverset Lane, Memphis, TN 38103Apply online • Pet friendly • Fitness center
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1 bd $695+2 bd $786+3 bd $825+Base rent4.0 (370)3471 W Briarpark Dr, Memphis, TN 38116Apply online • Pet friendly • In unit laundry
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1 bd $637+2 bd $737+Base rent3.5 (222)4537 Mill Stream Dr, Memphis, TN 38116Apply online • Pet friendly • Pool
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1 bd $940Base rent5.0 (1)711 N. Front Street, Memphis, TN 38107Apply online • Pet friendly • Air conditioner
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1 bd $1,072+Base rent4.5 (7)2460 Vintage Drive, Cordova, TN 38016Apply online • Pet friendly • Fitness center
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1 bd $960+2 bd $972+3 bd $1,158+Base rent1810 W Wolfchase Cir, Memphis, TN 38016Apply online • Pet friendly • Parking
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1 bd $1,126+2 bd $1,162+Base rent7965 Humphreys Hill Dr, Cordova, TN 38016Apply online • Pet friendly • Fitness center
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Frequently asked questions
When were prices and availability in Memphis, TN last updated?
Prices and availability in Memphis, TN were last updated on 12 Jul 2026.
What are the best apartments in Memphis, TN?
The best apartments in Memphis, TN are: Conwood Flats Apartment Homes, Metro67, The Summit Apartments, The Tennessee Brewery Apartments and Grand Island Apartments.
What type of rental buildings are in Memphis, TN?
In Memphis 55% of the housing is rented out compared to 45% of homes are owned, according to the most recent Census Bureau estimates. 10% of Memphis's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.
Your search for apartments in Memphis, TN under $1,200 stops here
Finding apartments for rent in Memphis, TN for less than $1,200 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 1,013 available units in Memphis, TN, renting for under $1,200. On average, $1,270 can get you 923 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $1,200” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,200 in Memphis, TN goes for $549 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.