
Top Rated Apartments for Rent in Memphis, TN Under $1,200 (95 Rentals) Page 2 of 2
Apartments in Memphis with the best features, newest construction, and richest amenities.


Cherry Creek Apartments

The Junction

Emerald Ridge Apartments

Woodlake Apartments

Emerald Park Apartments

High Point Apartments

Longview Heights

The Annex of Memphis

Total Monthly Price
Barksdale Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

50 Peabody Place

Van Vleet Flats

Madison Shelby Farms

Shelby Grove

The Courtyard at Ironworks

The Edge of Germantown

Cromwell Park Apartments

Ridgeway Commons Townhomes

Cherokee Cabana

Cane Creek Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Tiger Flats

Madison East Apartments

University Highlands Apartments

Glendale Park Apartments

Mason Homes on 4th

Grainge Hill Apartments

Oakwood Meadows Estates

Charter Oak Apartments and Townhomes

Bridgeport Manor

Rangepark Apartments

Pineland Apartments

Scenic Hills Apartments

Willie Mitchell Apartments

Serenity at Highland

Camellia - Magnolia Gardens Apartments

Yugo Memphis Southern

Rolling Hills Apartments

Pleasant View Apartments

Villas at Houston Levee East & West

Dogwood Creek

Colonial Estates

Cordova Creek Apartments

Meadows West Memphis

Belvedere Apartments

Memphis Urban Apartments
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,081 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,138 | $525 | $2,850 |
| Memphis 2 Bedroom Apartments | $1,262 | $560 | $5,042 |
| Memphis 3 Bedroom Apartments | $1,672 | $550 | $4,110 |
| Memphis 4 Bedroom Apartments | $1,444 | $550 | $2,560 |
Browse Top Apartments in Memphis
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 632 Studio Apartments in Memphis with rent ranges from $548 to $7,985 with an average price of $1,449.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $525 to $2,850 with an average monthly rent of $1,138.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $560 to $5,042. Today's average rental price for Two Bedrooms here is $1,262.
How expensive are Memphis Three Bedroom Apartments?
There are currently 402 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $550 to $4,110 - averaging $1,672 for the location.
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

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.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
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I'm Josh, your ApartmentHomeLiving.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.