Cheap Apartments for Rent in Alexandria, TN from $500 (30 Rentals)

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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.

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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.

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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.

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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.

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517 Melrose St
2 Bedroom Apartments

517 Melrose St

517 Melrose StLebanon, TN 37087
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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. 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
Summerfield Apartments1 Bed 1 Bath1BR,1BA$1,203
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
Limestone Trail ApartmentsTwo Bed2BR,2BA$1,356
Hathaway at Lebanon1 Bedroom Plus1BR,1BA$1,399
The Edge on Main2 Bedroom Large2BR,1BA$1,399

Best Value Apartments for Rent in Alexandria, TN and Nearby

As of July 11, 2025 the best value apartment in the Alexandria area is the $1.05 price per square foot 3-bedroom Model at Flats at Melrose in the in the Colonial Village neighborhood starting from $1,895. The second greatest value Alexandria apartment is the The Emma Model at Cedar City Townhomes starting at $1,750 with a $1.13 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.
Flats at Melrose3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesThe Emma3BR,2.5BA$1.13
South Maple Townhomes2 Bedrooms, 2.5 Bathrooms2BR,2.5BA$1.31
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
Caney Commons3-bedroom3BR,2.5BA$1.45
Bluebird Townhomes2 Bedroom2BR,1.5BA$1.32
The Fitzroy at Lebanon MarketplaceSycamore2BR,2BA$1.46
Limestone Trail ApartmentsTwo Bed2BR,2BA$1.46

Quick Rent Budget Calculator

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

Explore Alexandria, TN Rentals by Map

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See the most popular apartments and homes in Alexandria, TN

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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 $1,295 at Caney Commons.

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.

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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.

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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.

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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.

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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.