Cheap Apartments for Rent in Elmwood, TN from $700 (19 Rentals)

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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506
property at 1319 Autumn Ave

1319 Autumn Ave

CookevilleTN38501
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501

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
WILLOW PARK APARTMENTSThe Cottage1BR,1BA$825
Cypress Creek2 Bedroom 2 Bathroom2BR,2BA$912
Summerfield ApartmentsStudioStudio,1BA$999

Best Value Apartments for Rent in Elmwood, TN and Nearby

As of November 11, 2025 the best value apartment in the Elmwood area is the $1.21 price per square foot C1 Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $2,250. The second greatest value Elmwood apartment is the Unit 15 -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 Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legends TownhomesC13BR,2.5BA$1.21
Flats at MelroseUnit 15 -3-bedroom3BR,2.5BA$1.05
Cedar City TownhomesUnit 223BR,2.5BA$1.16
East Adams Townhomes2 Beds, 1.5 baths2BR,1.5BA$1.20
South Maple Townhomes2A2BR,2.5BA$1.24
Hamilton Station2 Bedroom Craftsman2BR,2BA$1.15
Saxony Apartment Homes2 Bedroom 2.5 Bath2BR,2.5BA$1.25
Copper Springs by Meadows PropertiesBrookhaven2BR,2BA$1.21
ELEVEN503 Beds, 2 baths3BR,2BA$1.18
Cypress Creek3 Bedroom 2 Bathroom3BR,2BA$0.98

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Pet Friendly Lifestyle
Elmwood, TN

Ranked #397

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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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 $1,030.

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 Apartment Common Area Rules: What Renters Need to Know article

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.