Top Rated Apartments for Rent in Memphis, TN Under $1,200 (70 Rentals)

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Explore the Best Apartments in Memphis with Top 4 and 5 Star Property Ratings.

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Madison Shelby Farms
from $1,1821 to 3 Bedroom Apartments Available Now

Madison Shelby Farms

330 N Humphreys BlvdMemphis, TN 38120
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99 S Front St
Rent Specials
from $1,130Studio to 2 Bedroom Apartments Available Now

99 S Front St

99 S Front StMemphis, TN 38103
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Legends Park Apartments
Rent Specials
from $1,1241 to 3 Bedroom Apartments Available Now

Legends Park Apartments

198 N Pauline StMemphis, TN 38105
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Madison Gardens Apartments
from $1,0952 Bedroom Apartments

Madison Gardens Apartments

1655 Madison AveMemphis, TN 38104
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Main Street Flats
from $1,015Studio to 2 Bedroom Apartments

Main Street Flats

101 S Main StMemphis, TN 38103
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Radio Center Flats
from $1,0001 to 2 Bedroom Apartments

Radio Center Flats

66 S Main StMemphis, TN 38103
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Lyons Ridge Apartments
from $9501 to 2 Bedroom Apartments

Lyons Ridge Apartments

1633 Pennsylvania StMemphis, TN 38109
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MAA Kirby Station
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from $9231 to 2 Bedroom Apartments Available Now

MAA Kirby Station

6653 N Quail H...Memphis, TN 38120
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Patterson Flats
from $8871 Bedroom Apartments Available Now

Patterson Flats

259 E Butler AveMemphis, TN 38126
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Showing Results 1-50, Page 1 of 2

Memphis, TN Local Guide

Quick Rent Budget Calculator

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Getting Around Memphis, TN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

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

How much are Studio apartments in Memphis?

There are currently 105 Studio Apartments in Memphis with rent ranges from $305 to $3,875 with an average price of $1,472.

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 $430 to $4,930 with an average monthly rent of $1,301.

What does renting a Two Bedroom Apartment in Memphis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $400 to $6,645. Today's average rental price for Two Bedrooms here is $1,450.

How expensive are Memphis Three Bedroom Apartments?

There are currently 315 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $305 to $8,617 - averaging $1,920 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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.