Cheap Apartments for Rent in Morristown, TN from $500 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Fairway Apartments
1 to 3 Bedroom Apartments

Fairway Apartments

2501 N Economy RdMorristown, TN 37814

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.

Read Article
close
View Me
Lincoln Manor
1 to 3 Bedroom Apartments

Lincoln Manor

1107 S Jackson StMorristown, TN 37813
  • Utilities Included
close
View Me
Collegewood Apartments
1 to 2 Bedroom Apartments

Collegewood Apartments

1844 Collegewood DrMorristown, TN 37813
  • Utilities Included
close
View Me
Monte Vista
1 to 3 Bedroom Apartments

Monte Vista

133 Guzman CourtMorristown, TN 37814
property at 6032 W Andrew Johnson Hwy

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

Studio, 1 Bath Condo for Rent

Available Now

6032 W Andrew Johnson Hwy

MorristownTN37877

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.

Read Article

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.

Read Article
Showing Results 1-29, Page 1 of 1

Morristown, TN Local Guide

Cheapest Available Morristown Apartments for Rent

 

The cheapest available apartment rental in Morristown, TN is a 1 Bed unit found at 2215 Buffalo Trl priced from $750. Lincoln Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $994. Here is today’s list of the most affordable Morristown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2215 Buffalo Trl1-Bedroom1BR,1BA$750
Lincoln Manor2 Bedroom One Bathroom2BR,1BA$994
Universal at Thompson Creek3 Bedroom, 2.5BA Townhome3BR,2BA$1,639
Executive Places710 Forest Drive3BR,2BA$1,950

Best Value Apartments for Rent in Morristown, TN

As of July 30, 2026 the best value apartment in the Morristown area is the $1.59 price per square foot 490 Beachwood Circle - Furnished Model at Executive Places in the starting from $3,500. The second greatest value Morristown apartment is the 3 Bedroom, 2.5BA Townhome Model at Universal at Thompson Creek starting at $1,639 with a $1.14 price per square foot . Here is today’s list of the best values for Morristown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Executive Places490 Beachwood Circle - Furnished3BR,3BA$1.59
Universal at Thompson Creek3 Bedroom, 2.5BA Townhome3BR,2.5BA$1.14
Lincoln Manor2 Bedroom One Bathroom2BR,1BA$1.25
2215 Buffalo Trl1-Bedroom1BR,1BA$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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Morristown, TN

School data provided by Great Schools

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

Explore Morristown, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Morristown, TN

View Map
Morristown, TN Apartments Map
View Map
Morristown, TN Rental Homes Map

Frequently Asked Questions about Cheap Morristown Apartments

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

The lowest price for a Cheap One Bedroom Morristown Apartment is $750 at 2215 Buffalo Trl.

What is the most affordable Morristown Three Bedroom Apartment?

The best deal on a cheap Morristown Three Bedroom Apartment rental is at Universal at Thompson Creek and starts from $1,639.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.