Cheap Apartments for Rent in Alexandria, TN from $800 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alexandria.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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517 Melrose St
2 Bedroom Apartments

517 Melrose St

517 Melrose StLebanon, TN 37087

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Alexandria, TN Local Guide

Cheapest Available Alexandria Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexandria, TN is a 1 Bed unit found at Slate at Ninety-Six in the Downtown Murfreesboro neighborhood priced from $1,199. Ironwood Apartments in the West End Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Slate at Ninety-SixThe Cobalt1BR,1BA$1,199
Ironwood Apartments1 x 11BR,1BA$1,210
Westgate Apartment Homes2B12BL2BR,1BA$1,229
Hartmann PlantationThe Kathryn1BR,1BA$1,232
The Pointe at Five OaksA1 Huckleberry - One Bedroom, One Bathroom1BR,1BA$1,239
Revere at Barton's Run1 Bedroom Plus1BR,1BA$1,269
MAA MurfreesboroPreakness2BR,2BA$1,293
3343 MemorialA21BR,1BA$1,299
Hunters CreekCedar Renovated1BR,1BA$1,299
Rollingwood Apartments2BD/1BA2BR,1BA$1,309

Best Value Apartments for Rent in Alexandria, TN and Nearby

As of April 17, 2026 the best value apartment in the Alexandria area is the $1.17 price per square foot 3B Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,275. The second greatest value Alexandria apartment is the 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes starting at $1,999 with a $1.08 price per square foot in the Colonial Village neighborhood. Here is today’s list of the best values for Alexandria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Maple Townhomes3B3BR,2.5BA$1.17
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
Bluebird Townhomes1235 Bluebird, Unit B4BR,2.5BA$0.99
Cedar City TownhomesUnit 243BR,2.5BA$1.11
Stone Haven Villas701 Hollie Way3BR,2.5BA$1.31
MAA MurfreesboroClassic3BR,2BA$1.30
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.26
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.15
255 New Town Rd.243 New Town Rd.3BR,1.5BA$1.16
Caney Commons3-bedroom3BR,2.5BA$1.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Alexandria Apartments

How much is rent for a Cheap One Bedroom Alexandria Apartment?

The lowest price for a Cheap One Bedroom Alexandria Apartment is $1,199 at Slate at Ninety-Six.

What is the lowest price for a Cheap Two Bedroom Alexandria Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alexandria is starting from $1,229 at Westgate Apartment Homes.

What is the most affordable Alexandria Three Bedroom Apartment?

The best deal on a cheap Alexandria Three Bedroom Apartment rental is at 255 New Town Rd. and starts from $1,395.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.