
Apartments for Rent in Memphis, IN Under $1,200 (33 Rentals)


The Flats of River Ridge

The Laurel Apartments

Stonecrest Apartments

The Slate

Courtyard Apartments

Flats on 10th

TJM - The Jeff On 10th
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Stonebridge Apartments

The Monroe

Renaissance Park Apartments

Lakeview Apartments

Lakeside Gardens

Parkside Trace Apartments

Ashby Apartments

Heritage Square
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Holmans Crossing Apartments

Meadows at Green Tree

Carrington Place Apartments

Clarksville Lofts

Nicholas Landing

Yellowwood Terrace Affordable Senior Housing

Colonial Village Apartments

Greenbrier Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Koehler Springs

Foxtail Pointe

2893 Mulberry St

608 E 8th St

1815 E Market St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
Memphis, IN Local Guide

How much does it cost to rent an apartment in Memphis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Memphis Studio Apartments | $1,107 | $995 | $1,175 |
Memphis 1 Bedroom Apartments | $1,299 | $200 | $2,290 |
Memphis 2 Bedroom Apartments | $1,429 | $487 | $2,527 |
Memphis 3 Bedroom Apartments | $1,812 | $560 | $4,215 |
Memphis 4 Bedroom Apartments | $1,822 | $1,470 | $2,250 |
Browse Top Apartments in Memphis
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Memphis, IN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Memphis, IN
Walk Score®
10 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Memphis
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 $200 to $2,290 with an average monthly rent of $1,299.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $487 to $2,527. Today's average rental price for Two Bedrooms here is $1,429.
How expensive are Memphis Three Bedroom Apartments?
There are currently 19 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $560 to $4,215 - averaging $1,812 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.