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Apartments under $1,200 for Rent in Memphis, TN

6,338 Rentals
.
  16. $100 Off
    Price Drop. $100 Off
    1 BED
    $680+
    2 BEDS
    $725+
    Total Monthly Price Total Monthly Price New
    Base Rent$680 - $799
    Required Monthly FeesNone
    Total Monthly Price$680 - $749

    Graceland Pointe Apartments

    1984 Bonnie Dr, Memphis, TN 38116
    (901) 519-3118
  23. 2 BEDS
    $1,000
    Total Monthly Price Total Monthly Price New
    Base Rent$995 - $1,015
    Required Monthly FeesNone
    Total Monthly Price$1,000 - $1,015

    Shelby Pointe Townhomes

    1500 E Shelby Dr, Memphis, TN 38116
    (901) 437-5606
  26. $100 Off
    Price Drop. $100 Off
    2 BEDS
    $850
    Total Monthly Price Total Monthly Price New
    Base Rent$850 - $899
    Required Monthly FeesNone
    Total Monthly Price$850 - $875

    Holmes Pointe Apartments

    1594 E Holmes Rd, Memphis, TN 38116
    (901) 244-4593
  34. 1 Month Free
    1 Month Free
    1 BED
    $1,230
    Total Monthly Price Total Monthly Price New
    Base Rent$1,175 - $1,375
    Required Monthly Fees$55
    Total Monthly Price$1,230

    The Marine Residence

    360 Metal Museum Dr, Memphis, TN 38106
    (901) 584-0004
Showing 42 of 750 results, Page 2 of 18

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,056
(All bedrooms and property types)
Learn more about
Average Rent in Memphis
8

School Rating

out of 10 Rating
Learn more about
Schools in Memphis

Renting in Memphis

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Memphis

(For 1 bedroom apartments)

Education

GreatSchools Rating
East High

Public High School

Public
Grades 9-12
568 Students
GreatSchools Rating
Middle College High

Public High School

Public
Grades 9-12
311 Students
GreatSchools Rating
University High School

Public High School

Public
Grades 9-12
96 Students
GreatSchools Rating
White Station High School

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating
White Station High

Public High School

Public
Grades 9-12
1,840 Students
GreatSchools Rating
Maxine Smith Steam Academy

Public Middle School

Public
Grades 6-8
364 Students
GreatSchools Rating
University Middle

Public Middle School

Public
Grades 6-8
271 Students
GreatSchools Rating
White Station Middle School

Public Middle School

Public
Grades 6-8
1,099 Students
GreatSchools Rating
White Station Middle

Public Middle School

Public
Grades 6-8
1,099 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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