Cheap Apartments for Rent near Drummonds, TN from $500 (57 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Westside Manor
1 to 3 Bedroom Apartments

Westside Manor

931 Frayser BlvdMemphis, TN 38127
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Beverly Springs
2 to 3 Bedroom Apartments

Beverly Springs

2879 Beverly Hills RdMemphis, TN 38128
Senior Living
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Rangepark Apartments
2 Bedroom Apartments

Rangepark Apartments

3401 Range Line RdMemphis, TN 38127
  • Utilities Included
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Country View
1 to 3 Bedroom Apartments

Country View

3990 Stephanie LnMemphis, TN 38128
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Jamesbridge
1 to 2 Bedroom Apartments

Jamesbridge

3815 N Advantage Way DrMemphis, TN 38128
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Annie's Townhomes
1 to 3 Bedroom Apartments

Annie's Townhomes

2603 Pojest DrMemphis, TN 38127
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Cottonwood Estates
1 to 3 Bedroom Apartments

Cottonwood Estates

1981 Cottonwood PlCovington, TN 38019

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.

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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.

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Drummonds, TN Local Guide

Cheapest Available Drummonds Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drummonds, TN is a 1 Bed unit found at Huntington Hills in the Raleigh neighborhood priced from $649. Hilldale Apartments in the Raleigh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Drummonds apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Huntington Hills1 BR/ 1 BA1BR,1BA$649
Hilldale Apartments1x11BR,1BA$700
Westside Manor1/1.001BR,1BA$700
Walden Pointe1x1 w/ washer and dryer connections1BR,1BA$720
Beverly Springs2 Bedroom, 1 Bathroom2BR,1BA$725
Stonegate Apartments1 bed 1 bath1BR,1BA$750
Avery Park Apartments1X11BR,1BA$770
Luxe at Raleigh1 Bedroom, 1 Bathroom1BR,1BA$775
Epping WayA11BR,1BA$785
The Summit ApartmentsAsh1BR,1BA$787

Best Value Apartments for Rent in Drummonds, TN and Nearby

As of August 02, 2026 the best value apartment in the Drummonds area is the $0.74 price per square foot 4 Bed, 3 Bath Model at Sunridge Townhomes in the in the Raleigh neighborhood starting from $1,545. The second greatest value Drummonds apartment is the 3 Bed 2 Bath Model at The Meridian Apartments starting at $1,100 with a $0.92 price per square foot in the Raleigh neighborhood. Here is today’s list of the best values for Drummonds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunridge Townhomes4 Bed, 3 Bath4BR,3BA$0.74
The Meridian Apartments3 Bed 2 Bath3BR,2BA$0.92
Cottonwood Estates2 Bedroom 2 Bathroom2BR,2BA$0.89
Hilldale Apartments3x13BR,1.5BA$0.90
Regency at Raleigh2 bedroom, 1.5 bath2BR,1.5BA$0.90
Casa Bonita Apartments2BR/1BA2BR,1BA$0.84
Beverly Springs2 Bedroom, 1 Bathroom2BR,1BA$0.84
Epping WayA11BR,1BA$1.01
Stonegate Apartments1 bed 1 bath1BR,1BA$1.00
Huntington Hills1 BR/ 1 BA1BR,1BA$0.97

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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Real 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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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!

Explore Drummonds, TN Rentals by Map

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See the most popular apartments and homes in Drummonds, TN

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Frequently Asked Questions about Cheap Drummonds Apartments

What is the Cheapest Studio apartment in Drummonds?

Currently the most affordable Cheap Studio Apartment in Drummonds is at Siegel Select Bartlett listed at $1,478.

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

The lowest price for a Cheap One Bedroom Drummonds Apartment is $649 at Huntington Hills.

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

Today's best deal for a Cheap Two Bedroom Apartment in Drummonds is starting from $725 at Beverly Springs.

What is the most affordable Drummonds Three Bedroom Apartment?

The best deal on a cheap Drummonds Three Bedroom Apartment rental is at Huntington Hills and starts from $829.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.