Cheap Apartments for Rent in Alexandria, TN from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Royal Oaks
2 Bedroom Apartments

Royal Oaks

670 Miller RdSmithville, TN 37166

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.

Read Article

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.

Read Article
close
View Me
517 Melrose St
2 Bedroom Apartments

517 Melrose St

517 Melrose StLebanon, TN 37087
Showing Results 1-28, Page 1 of 1

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. Slate at Ninety-Six in the Downtown Murfreesboro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,069. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Lebanon1 Bed / 1 Bath Upgraded1BR,1BA$1,029
Slate at Ninety-SixThe Zinc1BR,1BA$1,069
Spring Hill TownhomesTwo Bedroom Two Bath Townhome2BR,2BA$1,115
The Edge on Main2 Bedroom2BR,1BA$1,199
Summerfield Apartments1 Bed 1 Bath1BR,1BA$1,205
Hartmann PlantationRachel1BR,1BA$1,267
Hamilton Station1 Bedroom Residential1BR,1BA$1,269
Caney Commons2-bedroom2BR,2BA$1,295
Pointe at Five OaksA2 Hinckley - One Bedroom, One Bathroom1BR,1BA$1,301
City Edge FlatsUnion Station2BR,2BA$1,349

Best Value Apartments for Rent in Alexandria, TN and Nearby

As of July 21, 2025 the best value apartment in the Alexandria area is the $1.00 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at South Maple Townhomes in the in the Colonial Village neighborhood starting from $2,100. The second greatest value Alexandria apartment is the 3-bedroom Model at Flats at Melrose starting at $1,895 with a $1.05 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 Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.00
Flats at Melrose3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
East Adams Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.23
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.27
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.20
255 New Town Rd.3-Bed3BR,1.5BA$1.25
Revere at Barton's Run2 Bedroom Traditional2BR,2BA$1.36
Meadows of Lebanon Apartments3x2 60%3BR,2BA$1.42
City Edge FlatsUnion Station2BR,2BA$1.41

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.

decorative image of people with a giant lease agreement

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

Explore Alexandria, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Alexandria, TN

View MapAlexandria, TN Apartments MapView MapAlexandria, TN Rental Homes Map

Getting Around Alexandria, TN

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

18 / 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 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 $1,029 at The Reserve at Lebanon.

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 $1,115 at Spring Hill Townhomes.

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 $1,495.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.