
Apartments for Rent in Memphis, TN Under $1,200 (672 Rentals) Page 4 of 14


Azur Tower

The Park at Hollyford

Imperial Arms Apartments

Woodtrail Apartment

Graham Square Apartments

Lexington Apartments

Sherwood Flats

Riverdale

Edge at Lakeview

Indigo Riverview

Cedar Run

Epping Way

Twin Oaks

Flairwood Apartments

The Junction

Luxe at Raleigh

Courtyard @ Waring Park

Graceland Flats

The Posts

Highland Meadows Apartments

Raintree Apartments

Central Gardens

Owens Place Townhomes

The Park at Paisley

Uptown Square Apartments

Kimbrough Tower Apartments

The Trails at Mt. Moriah

The Meridian Apartments

Hickory Grove

Lakes at Ridgeway

Stonegate Apartments

Summer Oaks Apartments

Monarch on Highland

Summerwood

The Residence Village Green

Cherry Creek Apartments

Whispering Pines

Brentwood Parc

Hawthorne on Adams Apartments

Parkside Poplar Apartments

Casa Bonita Apartments

Avery Park Apartments

Total Monthly Price
Helix at the District - Utilities Included

Creekside Meadows

Regency at Raleigh

Cedar Mill Apartments & Townhouses

Springdale Creek Apartments

Kings Reserve Memphis

Overton Place
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 | $1,041 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments Under $1200 | $1,122 | $450 | $3,267 |
| Memphis 2 Bedroom Apartments Under $1200 | $1,261 | $550 | $4,978 |
| Memphis 3 Bedroom Apartments Under $1200 | $1,635 | $575 | $4,109 |
| Memphis 4 Bedroom Apartments Under $1200 | $1,448 | $550 | $3,827 |
Browse Top Apartments in Memphis
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 623 Studio Apartments in Memphis with rent ranges from $547 to $1,888 with an average price of $1,041.
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 $450 to $3,267 with an average monthly rent of $1,122.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $550 to $4,978. Today's average rental price for Two Bedrooms here is $1,261.
How expensive are Memphis Three Bedroom Apartments?
There are currently 455 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $575 to $4,109 - averaging $1,635 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
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

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.

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

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.

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.

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.

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.