
Apartments for Rent in Memphis, TN Under $1,200 (672 Rentals) Page 7 of 14


2024 Jefferson Ave, Unit 2068-04

2020 Vinton Ave

1196 Aubra Rd

2587 Wellons Ave

2151 Berkeley Ave

5151 Corkwood Dr

639 Mississippi Blvd

2562 Quail Ave

1745 Edward Ave

3945 Macon Rd

2385 Staten Ave

1816 Forest Ave

1053 Treadwell St

2168 Carnes Ave

4050 Pikes Peak Ave

1596 Pennsylvania St

574 N 4th St

4029 Berkshire Ave

1778 Brown Ave

Claridge House Condominiums

3682 Suzanne Dr

1202-1204 Tutwiler Ave

1235 Vinton Ave

3522 Christine Rd

3540 Christine Rd

1791 Whitman Rd

1659 Southern Ave

3089 Waynoka Ave

3583 Watauga Ave

2395 Avery Ave

250 N Willett St

609-611 E Mallory Ave

952 Emmie St

2490 Staten Ave

1277 Carr Ave

263 Lucy Ave

515 Carpenter St

1344-1346 Hyde Pk Blvd

839 Pearce St

1640 Monroe Ave

322 Hodges St

273 Gaston Ave

1157 Wilson St

2715 Cherry Rd, Unit 1249

607 E McLemore Ave, Unit 2

821 Maury St

888 Kerr Ave, Unit 27

1433 Court Ave

1540 Standridge St
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 | $1,036 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments Under $1200 | $1,120 | $450 | $3,288 |
| Memphis 2 Bedroom Apartments Under $1200 | $1,257 | $550 | $4,978 |
| Memphis 3 Bedroom Apartments Under $1200 | $1,638 | $575 | $4,109 |
| Memphis 4 Bedroom Apartments Under $1200 | $1,456 | $550 | $3,835 |
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 624 Studio Apartments in Memphis with rent ranges from $547 to $1,888 with an average price of $1,036.
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 $3,288 with an average monthly rent of $1,120.
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 $1,257.
How expensive are Memphis Three Bedroom Apartments?
There are currently 454 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $575 to $4,109 - averaging $1,638 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
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.