Gated Apartments for Rent in Memphis, TN Under $1,200 (151 Rentals)

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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Riverset Apartments
Rent Specials
$1,111 - $2,341

Total Monthly Price

Base Rent$1,111 - $2,341
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Riverset Apartments

100 Riverset LnMemphis, TN 38103
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The Midtowner
$1,099 - $1,125

Total Monthly Price

Base Rent$1,099 - $1,125
Total Monthly Price$1,099 - $1,125
2 Bedroom Apartments Available Now

The Midtowner

199 S McLean BlvdMemphis, TN 38104
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lofts at Union Alley
$1,004 - $2,205

Total Monthly Price

Base Rent$1,004 - $2,205
Total Monthly Price$1,004 - $2,205
Studio to 1 Bedroom Apartments Available Now

Lofts at Union Alley

110 Barboro AlyMemphis, TN 38103
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Court Square Apartments
Rent Specials
$1,000 - $2,276

Total Monthly Price

Base Rent$1,000 - $2,276
Total Monthly Price$1,000 - $2,276
1 to 3 Bedroom Apartments Available Now

Court Square Apartments

62 N Main StMemphis, TN 38103
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The Den Apartments
Rent Specials
$1,000 - $1,200

Total Monthly Price

Base Rent$1,000 - $1,200
Total Monthly Price$1,000 - $1,200
2 Bedroom Apartments Available Now

The Den Apartments

3562 Mynders AveMemphis, TN 38111
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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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The Chisca
Rent Specials
$947 - $2,913

Total Monthly Price

Base Rent$947 - $2,913
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Chisca

272 S Main StMemphis, TN 38103
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Memphis, TN Local Guide

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Gated Memphis Apartments

What is the Cheapest Gated apartment in Memphis?

Currently the most affordable Gated Apartment in Memphis is at Edison Park listed at $525.

How much is the average rent for a Gated Memphis Apartment?

The average rent for a Gated Apartment in Memphis is $1,426.

What is the largest Gated Memphis Apartment for rent?

Today's Gated apartment with the most square footage in Memphis is a 2,822 square feet unit starting from $786 at Indigo Riverview.

What is the average size for Memphis Gated Apartments for rent?

The average size for a Gated rental in Memphis is currently at 696 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Articles, How-To's, and Tips

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.