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

6,033 Rentals
.
  23. STUDIO
    $1,004
    Total Monthly Price Total Monthly Price New
    Base Rent$970 - $986
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$1,004 - $1,020

    Lofts at Union Alley

    110 Barboro Aly, Memphis, TN 38103
    (870) 771-3995
  25. 2 Months Free
    2 Months Free
    2 BEDS
    $1,000
    Total Monthly Price Total Monthly Price New
    Base Rent$1,000 - $1,200
    Required Monthly FeesNone
    Total Monthly Price$1,000 - $1,200

    The Den Apartments

    3562 Mynders Ave, Memphis, TN 38111
    (901) 602-2922
  29. $175 Off
    Price Drop. $175 Off
    1 BED
    $720+
    2 BEDS
    $775+
    Total Monthly Price Total Monthly Price New
    Base Rent$720 - $775
    Required Monthly FeesNone
    Total Monthly Price$720 - $775

    Welcome to Holmes Pointe Apartments!

    1594 E Holmes Rd, Memphis, TN 38116
    (901) 244-4593
  31. $100 Off
    Price Drop. $100 Off
    1 BED
    $680+
    2 BEDS
    $725+
    Total Monthly Price Total Monthly Price New
    Base Rent$680 - $725
    Required Monthly FeesNone
    Total Monthly Price$680 - $725

    Graceland Pointe Apartments

    1984 Bonnie Dr, Memphis, TN 38116
    (901) 519-3118
  37. 2 BEDS
    $1,099
    Total Monthly Price Total Monthly Price New
    Base Rent$1,099 - $1,125
    Required Monthly FeesNone
    Total Monthly Price$1,099 - $1,125

    The Midtowner

    199 S McLean Blvd, Memphis, TN 38104
    (901) 256-8555
Showing 42 of 750 results, Page 2 of 18

Living & Renting in Memphis

Memphis at a Glance

Average Rent

$1,044
(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 School

Public High School

Public
Grades 9-12
583 Students
GreatSchools Rating
Middle College High School

Public High School

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

Public High School

Public
Grades 9-12
280 Students
GreatSchools Rating
Medical District High School

Public High School

Public
Grades 9-12
146 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
439 Students
GreatSchools Rating
White Station Middle

Public Middle School

Public
Grades 6-8
1,127 Students
GreatSchools Rating
University Middle

Public Middle School

Public
Grades 6-8
264 Students
GreatSchools Rating
Idlewild Elementary School

Public Elementary School

Public
Grades K-5
593 Students
GreatSchools Rating
Campus School

Public Elementary School

Public
Grades K-5
413 Students

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

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