
Cheap Apartments for Rent in Algood, TN from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Algood.


863 Shanks Ave, Unit A

University Towers

Eagle Village

Saxony Apartment Homes

WILLOW PARK APARTMENTS
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.

Asbury Park

Magnolia Place

ELEVEN50

Poplar Point Apartments!

Total Monthly Price
701 E 10th St, Unit C1

158 Carr Ave
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.

Governors Place

110 Lyon St

1319 Autumn Ave

Alluvian Terrace

The View at South Ridge Apartments

201 Cumberland Ln
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.

315 Bybee Branch Rd

207 Cumberland Ln

1459 Hickory Valley Rd

978 N Franklin Ave

230 Denton Ave

508 E Broad St
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.

435 Lusk Ave

1495 Autumn Ave
Algood, TN Local Guide

How much does it cost to rent an apartment in Algood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algood Studio Apartments | $925 | $925 | $925 |
| Algood 1 Bedroom Apartments | $1,002 | $780 | $1,370 |
| Algood 2 Bedroom Apartments | $1,247 | $875 | $1,835 |
| Algood 3 Bedroom Apartments | $1,583 | $1,035 | $2,495 |
| Algood 4 Bedroom Apartments | $2,350 | $2,350 | $2,350 |
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Algood, TN Local Guide
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Cheapest Available Algood Apartments for Rent and Nearby
 The cheapest available apartment rental in Algood, TN is a 1 Bed unit found at Ashton Place Apartments priced from $780. Eagle Village has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Algood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
| Eagle Village | Studio | Studio,1BA | $800 |
| University Towers | Studios | 1BR,1BA | $800 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
| WILLOW PARK APARTMENTS | The Eagle | 2BR,1BA | $950 |
| Poplar Point Apartments! | 2BR/1.0BA | 2BR,1BA | $1,050 |
| 70 E 18th St | 2 Bedroom | 2BR,1BA | $1,111 |
Best Value Apartments for Rent in Algood, TN and Nearby
As of June 22, 2026 the best value apartment in the Algood area is the $1.16 price per square foot 243 New Town Rd. Model at 255 New Town Rd. in the starting from $1,395. The second greatest value Algood apartment is the Brookhaven Model at Copper Springs by Meadows Properties starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Algood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 255 New Town Rd. | 243 New Town Rd. | 3BR,1.5BA | $1.16 |
| Copper Springs by Meadows Properties | Brookhaven | 2BR,2BA | $1.21 |
| Putnam House | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.10 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| 701 E 10th St, Unit C1 | 701 E 10th St | 2BR,1.5BA | $1.06 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| 22 E 18th St | 2 Bedroom | 2BR,2BA | $1.16 |
| WILLOW PARK APARTMENTS | The Eagle | 2BR,1BA | $1.26 |
| 863 Shanks Ave, Unit A | 863 Shanks Ave | 1BR,1BA | $1.14 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Algood, TN
Frequently Asked Questions about Cheap Algood Apartments
How much is rent for a Cheap One Bedroom Algood Apartment?
The lowest price for a Cheap One Bedroom Algood Apartment is $780 at Ashton Place Apartments.
What is the lowest price for a Cheap Two Bedroom Algood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Algood is starting from $920 at Ashton Place Apartments.
What is the most affordable Algood Three Bedroom Apartment?
The best deal on a cheap Algood Three Bedroom Apartment rental is at Ashton Place Apartments and starts from $1,035.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.