Deals & Discount Filters
Apartments under $1,200 for Rent in Memphis, TN
6,211 Rentals
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2 BEDS$875+3 BEDS$1,000+ -
1 BED$950+2 BEDS$1,050+Deerfield Apartments
2155 Deer Crest Ln, Memphis, TN 38134 -
Good Value
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Rent Special
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Good ValueSTUDIO$560+1 BED$525+2 BEDS$885+
Edison Park
567 Jefferson Ave, Memphis, TN 38105 -
Rent Special
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Good Value
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Good Value1 BED$782+2 BEDS$1,139+
Ashland Lakes Apartments
5587 Berryman Dr, Memphis, TN 38125 -
Discounts
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Good Value1 BED$750+2 BEDS$850+
Lakes at Ridgeway
5995 Waterstone Oak Way, Memphis, TN 38115 -
Discounts
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Price Drop. $75 Off1 BED$617+2 BEDS$742+3 BEDS$1,173+
Mill Creek Apartments
4537 Mill Stream Dr, Memphis, TN 38116 -
Price Drop. $88 Off
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Good Value
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Good Value1 BED$750+2 BEDS$775+3 BEDS$875+
Cherry Creek Apartments
1460 Cherry Rd, Memphis, TN 38117 -
1 BED$870+2 BEDS$1,023+
The Metropolitan and Greenlaw Place Apartm...
374 Mill Ave, Memphis, TN 38107 -
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Good Value
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1 Month Free
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1 Month Free
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Good Value
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Good Value1 BED$649+2 BEDS$729+3 BEDS$829+
Huntington Hills
2872 Coach Dr, Memphis, TN 38128 -
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Good Value
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Good Value1 BED$850+2 BEDS$888+3 BEDS$1,050+
Ridgeway Pines
3595 Pine Tree Dr, Memphis, TN 38115 -
Good Value1 BED$735+2 BEDS$940+3 BEDS$1,175+
Cedar Mill Apartments & Townhouses
3505 S Mendenhall, Memphis, TN 38115 -
Good ValueTotal Monthly Price Total Monthly Price New1 BED$695Base Rent$695 - $850Required Monthly FeesNoneTotal Monthly Price$695 - $850
Student Lofts at Brister
613 Brister St, Memphis, TN 38111 -
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Rent Special
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Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$900Base Rent$900 - $950Required Monthly FeesNoneTotal Monthly Price$900 - $950
Faulkner Court Apartments
1034 Court Ave, Memphis, TN 38104
Showing 42 of 750 results, Page 5 of 18
Living & Renting in Memphis
Memphis at a Glance
Renting in Memphis
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 488 Sq Ft $962 / mo
- 1 Bedroom 706 Sq Ft $1,051 / mo
- 2 Bedrooms 977 Sq Ft $1,093 / mo
- 3 Bedrooms 1,288 Sq Ft $1,297 / mo
- 4 Bedrooms 1,401 Sq Ft $1,291 / mo
Top Budget-Friendly Neighborhoods in Memphis
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Whitehaven Gardens 697 Sq Ft $658/mo
- Manny Delugach Springdale Gardens 615 Sq Ft $679/mo
- Hyde Park 635 Sq Ft $680/mo
- Whitehaven 653 Sq Ft $708/mo
- Vaughn Village 687 Sq Ft $762/mo
- Parkway Village 722 Sq Ft $773/mo
- Indian Meadows 677 Sq Ft $776/mo
- Berclair 733 Sq Ft $785/mo
- Raleigh 692 Sq Ft $793/mo
- Mendenhall Estates 690 Sq Ft $793/mo
Discover the cheapest neighborhoods in Memphis
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.