Cheap Apartments for Rent in Alexandria, TN from $500 (22 Rentals)

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The Edge on Main
$1,149 - $1,284
Total Monthly Price

Total Monthly Price

Base Rent
$1,064 - $1,199
Required Monthly Fees
$85
Total Monthly Price
$1,149 - $1,284
2 Bedroom Apartments Available May 14

The Edge on Main

120 West End HtsLebanon, TN 37087
Affordability
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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.

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Royal Oaks
2 Bedroom Apartments

Royal Oaks

670 Miller RdSmithville, TN 37166

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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.

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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 The Reserve at Lebanon in the Colonial Village neighborhood priced from $1,029. Greentree Pointe in the Colonial Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,169. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Lebanon1 Bed / 1 Bath1BR,1BA$1,029
Greentree Pointe2 Bedroom Ranch2BR,2BA$1,169
Slate at Ninety-SixThe Cobalt1BR,1BA$1,199
Ironwood ApartmentsOne Bedroom1BR,1BA$1,210
Westgate Apartment Homes2B12BL2BR,1BA$1,229

Best Value Apartments for Rent in Alexandria, TN and Nearby

As of March 20, 2026 the best value apartment in the Alexandria area is the $1.08 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $1,999. The second greatest value Alexandria apartment is the 1235 Bluebird, Unit B Model at Bluebird Townhomes starting at $1,775 with a $0.99 price per square foot in the Downtown Lebanon 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.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
Bluebird Townhomes1235 Bluebird, Unit B4BR,2.5BA$0.99
South Maple Townhomes3A3BR,2.5BA$1.22
Stone Haven Villas701 Hollie Way3BR,2.5BA$1.31
Flats at MelroseUnit 123BR,2.5BA$1.31
Hamilton Station2 Bedroom Traditional2BR,2BA$1.20
255 New Town Rd.247 New Town Rd.3BR,1.5BA$1.16
MAA MurfreesboroPreakness2BR,2BA$1.35
Caney Commons3-bedroom3BR,2.5BA$1.27
The Venue at 109Stirling2BR,2BA$1.32

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

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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 $1,169 at Greentree Pointe.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.