Cheap Apartments for Rent in Montgomery County, TN from $500 (141 Rentals)

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

property at 420 Lafayette Rd

$695 - $895

1 To 3 Bedroom Rentals

Available Now

420 Lafayette Rd

ClarksvilleTN37042

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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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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cheapest Available Montgomery County Apartments for Rent

 

The cheapest available apartment rental in Montgomery County, TN is a 1 Bed unit found at North First Street in the Downtown Clarksville neighborhood priced from $700. 704 Peachers Drive has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Montgomery County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North First Street1BR/1.0BA1BR,1BA$700
704 Peachers Drive*2/12BR,1BA$725
MAIN608C13BR,3BA$735
211 Oak St. Apartments2BR/1.0BA2BR,1BA$775
110 Brookside Dr. - Cedar Apartments1 Bdrm Apartment1BR,1BA$775
Riverwalk 803StudioStudio,1BA$799
Walker Town CentreStudioStudio,1BA$850
79 W Fork Dr2/12BR,1BA$850
Autumn Ridge Apartment Community1BR/1.0BA1BR,1BA$855

Best Value Apartments for Rent in Montgomery County, TN

As of April 18, 2026 the best value apartment in the Montgomery County area is the $0.77 price per square foot Two Bedroom Model at Fieldstone Village in the starting from $1,050. The second greatest value Montgomery County apartment is the TH Model at Rossview Villages starting at $1,100 with a $0.94 price per square foot . Here is today’s list of the best values for Montgomery County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fieldstone VillageTwo Bedroom2BR,2BA$0.77
Rossview VillagesTH2BR,1.5BA$0.94
Tracy Lane-8552BR/1.5BA2BR,1.5BA$0.90
Crossland Place2 Bedroom2BR,2BA$0.89
University Landing2x22BR,2BA$0.80
1660 Baltimore Drive2BR/1.5BA2BR,1.5BA$0.90
1650 Baltimore Dr.2BR/1.5BA2BR,1.5BA$0.90
Needmore Place2 Bedroom 2 Bath2BR,2BA$0.93
Amber Pointe Apartments2 Bedroom New /ponytail2BR,2BA$0.91
704 Peachers Drive*2/12BR,1BA$0.91

Frequently Asked Questions about Cheap Montgomery County Apartments

What is a cheap apartment in Montgomery County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery County is under $855.

What is the price of a cheap apartment in Montgomery County?

The cheapest apartment in Montgomery County is North First Street which is listed at $700, while the average apartment in Montgomery County costs $7,406.

What types of apartments are the cheapest in Montgomery County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 61 regular apartments in Montgomery County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Montgomery County?

Cheap apartments in Montgomery County have an average cost of $147 which is $7,259 cheaper than the average rent for all rentals in Montgomery County.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.