
Apartments for Rent in Memphis, TN Under $1,200 (580 Rentals) Page 2 of 12


South Line at Central Station

Emerald Square

Number 10 Main

The Linden

240 Flats

The Broadmoor Apartments

Southern Grove

Village of Sycamore Ridge

Hollywood Square

Fielder Square

Tillman Cove

MAA Southwind

Georgian Woods

Forrest Cove

Hedgerow Apartments

Southern Place

Total Monthly Price
Merton Manor

Arbors of Century Center

High Point Terrace Apartments

Madison Gardens Apartments

Ashland Lakes Apartments

National Rose Co.

280 Vance Flats

Deerfield Apartments

Den Apartments

Peabody Falls Apartments

Goodbar Townhomes

The Wendell

Art Lofts @ Overton

The Ellington at Kirby

Total Monthly Price
The Chisca

Conwood Flats Apartment Homes

The Posts

Autumn Ridge Apartments

Canterbury Woods Apartments

The Summereast

Mendenhall Gardens

Hickory Forest

The Biltmore - McAlpin Apartments

Marilyn on Monroe

Park at Forest Hill

Landings At Winchester

Timberline Flats

Iris Luxury Apartments

Faronia Square

Idlewild Terrace

The Flats @ Cooper Young

Peabody Place

Spottswood Manor
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 Under $1200 | $1,059 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments Under $1200 | $1,156 | $525 | $2,842 |
| Memphis 2 Bedroom Apartments Under $1200 | $1,272 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments Under $1200 | $1,706 | $690 | $4,441 |
| Memphis 4 Bedroom Apartments Under $1200 | $1,392 | $640 | $2,640 |
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 639 Studio Apartments in Memphis with rent ranges from $547 to $7,985 with an average price of $1,059.
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 $2,842 with an average monthly rent of $1,156.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $600 to $5,900. Today's average rental price for Two Bedrooms here is $1,272.
How expensive are Memphis Three Bedroom Apartments?
There are currently 389 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $690 to $4,441 - averaging $1,706 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.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.