Cheap Apartments for Rent near Palmer, TN from $850 (34 Rentals)

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

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

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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.

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property at 5519 TN-153
$895
1 Bedroom Rentals
Available Now
Affordability

5519 TN-153

ChattanoogaTN37343
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Newberry Commons
1 to 3 Bedroom Apartments

Newberry Commons

3204 Redding RdChattanooga, TN 37415
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Valley View Gardens
2 to 3 Bedroom Apartments

Valley View Gardens

10 Garden Court LoopDunlap, TN 37327
  • Utilities Included
property at 800 Lullwater Rd
$925 - $1,900
2 To 4 Bedroom Rentals
Available Now
Affordability

800 Lullwater Rd

ChattanoogaTN37405
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Midvale Heights
1 to 3 Bedroom Apartments

Midvale Heights

300 W Midvale AveChattanooga, TN 37405
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Country Oaks
Studio to 2 Bedroom Apartments

Country Oaks

137 Oyler LnHixson, TN 37343

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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property at 400 Gallery Ln
$1,199 - $1,250
2 Bedroom Rentals
Available Now
Affordability

400 Gallery Ln

ChattanoogaTN37343
Showing Results 1-34, Page 1 of 1

Palmer, TN Local Guide

Cheapest Available Palmer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmer, TN is a 2 Beds unit found at River City North in the East Chattanooga neighborhood priced from $850. The Outpost in the Mountain Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Palmer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River City North2 Bedroom2BR,2BA$850
The Outpost1BR/1BA1BR,1BA$895
Windsor Village Apartments1BR/1BA1BR,1BA$900
Terra at AshleyA11BR,1BA$900
Valley View GardensTwo Bedroom A2BR,1BA$908
Riverside North1 x 11BR,1BA$975
Vandergriff Village1 x 1 R1BR,1BA$1,025
Sunset Rock Apartments1BR/1.0BA1BR,1BA$1,050
MAA CloverdaleThe Belmont1BR,1BA$1,073
Ivy Terrace1 x 1 Leawood1BR,1BA$1,075

Best Value Apartments for Rent in Palmer, TN and Nearby

As of September 10, 2026 the best value apartment in the Palmer area is the $1.23 price per square foot Lookout Townhome Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,325. The second greatest value Palmer apartment is the The Maple Model at MAA Windridge starting at $1,808 with a $1.25 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Palmer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartman HillLookout Townhome4BR,2.5BA$1.23
MAA WindridgeThe Maple2BR,2BA$1.25
Ascent at Signal Mountain3 bed 2.5 bath Townhome3BR,2.5BA$1.26
Trails of Signal MountainMckenzie2BR,1.5BA$1.06
Northshore Flats3 x 2 WD Upg3BR,2BA$1.26
Reserve at Red Bank2 x 2 R2BR,2BA$1.16
River City North2 Bedroom2BR,2BA$0.86
Kate's View2 Bedroom2BR,1BA$1.28
Valley View GardensTwo Bedroom A2BR,1BA$1.10
Terra at AshleyA11BR,1BA$1.29

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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 Palmer, TN Rentals by Map

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Frequently Asked Questions about Cheap Palmer Apartments

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

The lowest price for a Cheap One Bedroom Palmer Apartment is $895 at The Outpost.

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

Today's best deal for a Cheap Two Bedroom Apartment in Palmer is starting from $850 at River City North.

What is the most affordable Palmer Three Bedroom Apartment?

The best deal on a cheap Palmer Three Bedroom Apartment rental is at River City North and starts from $977.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.