
Cheap Homes for Rent in Mercer, TN from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Mercer.


416 Tyus St

220 Thomas St

44 W Cooper St

1278 Fairground Rd

1270 Fairground Rd

40 W Cooper St
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.

1254 Fairground Rd

48 W Cooper St

38 W Cooper St

1282 Fairground Rd

103 Hines Blvd

1154 Westmoreland St

131 E Jefferson 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.

1110 S Washington Ave

1141 Hollywood Dr

6 4th Street

32 Jefferson St

504 Lark St

1105 Edgewood Ave

311 S Bond Ave
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.

68 Monroe Ave
Mercer, TN Local Guide

How much does it cost to rent a home in Mercer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mercer 2 Bedroom Homes for Rent | $973 | $725 | $1,500 |
| Mercer 3 Bedroom Homes for Rent | $1,684 | $1,000 | $2,800 |
| Mercer 4 Bedroom Homes for Rent | $1,325 | $1,250 | $1,400 |
Browse Top Homes for Rent in Mercer
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Mercer, TN Local Guide
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Cheapest Available Mercer Apartments for Rent and Nearby
 The cheapest available apartment rental in Mercer, TN is a 1 Bed unit found at Purdy Place Apartments priced from $725. Brownsville Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Mercer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Purdy Place Apartments | 1 BDR/1 Bath | 1BR,1BA | $725 |
| Brownsville Flats | A-1-ADA 50% PBV | 1BR,1BA | $830 |
| The Hermitage | Old Hickory | 1BR,1BA | $897 |
| Creekside Apartments | 1BR/1BA | 1BR,1BA | $975 |
| Riverbrook Apartments | 2BR/2.0BA | 2BR,2BA | $987 |
Best Value Apartments for Rent in Mercer, TN and Nearby
As of March 22, 2026 the best value apartment in the Mercer area is the $1.00 price per square foot Model2A Model at Suites of Larue in the in the Downtown Jackson neighborhood starting from $1,200. The second greatest value Mercer apartment is the 3 Bed 1.5 Bath Model at University Village at Walker Road starting at $1,489 with a $1.30 price per square foot . Here is today’s list of the best values for Mercer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Suites of Larue | Model2A | 2BR,2BA | $1.00 |
| University Village at Walker Road | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.30 |
| Post House Jackson | The Woodward | 2BR,2BA | $1.21 |
| Milan | 3BR/2.0BA | 3BR,2BA | $1.14 |
| Camellia Trace | B1 | 2BR,2BA | $1.18 |
| The Pointe at Boardwalk | One Bedroom | 1BR,1BA | $0.98 |
| The Pointe at 731 | One Bedroom | 1BR,1BA | $1.04 |
| Riverbrook Apartments | 2BR/2.0BA | 2BR,2BA | $1.08 |
| The Pointe at Ridge Cove | 1 Bedroom | 1BR,1BA | $1.11 |
| Purdy Place Apartments | 1 BDR/1 Bath | 1BR,1BA | $0.97 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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!
Explore Mercer, TN Rentals by Map
See the most popular apartments and homes in Mercer, TN
Frequently Asked Questions about Mercer
What type of rentals are currently available in Mercer?
There are currently 36 Apartments for Rent in Mercer, TN with pricing that ranges from $725 to $2,450. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mercer ranging from $700 to $2,800.
What is the current price range for Rental Homes in Mercer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mercer ranges from $700 to $2,800 with an average monthly rent of $1,208.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.