Cheap Apartments for Rent in Elmwood, TN from $700 (18 Rentals)

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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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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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property at 1319 Autumn Ave

$725 - $1,375

1 To 3 Bedroom Rentals

Available Now

1319 Autumn Ave

CookevilleTN38501
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501

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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Elmwood, TN Local Guide

Cheapest Available Elmwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elmwood, TN is a Studio unit found at Eagle Village priced from $800. University Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Elmwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle VillageStudioStudio,1BA$800
University TowersStudios1BR,1BA$800
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
Poplar Point2BR/1.0BA2BR,1BA$999
ELEVEN502 Beds, 1.5 baths2BR,1BA$1,025

Best Value Apartments for Rent in Elmwood, TN and Nearby

As of January 20, 2026 the best value apartment in the Elmwood area is the $1.21 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $2,250. The second greatest value Elmwood 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 Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.21
Bluebird Townhomes1235 Bluebird, Unit B4BR,2.5BA$0.99
South Maple Townhomes3A3BR,2.5BA$1.16
Cedar City TownhomesUnit 263BR,2.5BA$1.08
Hamilton Station2 Bedroom Craftsman2BR,2BA$1.17
255 New Town Rd.233 New Town Rd.3BR,1.5BA$1.19
Copper Springs by Meadows PropertiesBrookhaven2BR,2BA$1.25
Caney Commons3-bedroom3BR,2.5BA$1.27
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
Cypress Creek3 Bedroom 2 Bathroom3BR,2BA$1.00

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 Elmwood, TN Rentals by Map

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Frequently Asked Questions about Cheap Elmwood Apartments

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

The lowest price for a Cheap One Bedroom Elmwood Apartment is $800 at University Towers.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $912 at Cypress Creek.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Cypress Creek and starts from $1,051.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!