Cheap Apartments for Rent near Palmer, TN from $700 (29 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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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The Outpost
1 Bedroom Apartments

The Outpost

2614 Lyndon AveChattanooga, TN 37415
Affordability

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.

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Newberry Commons
1 to 3 Bedroom Apartments

Newberry Commons

3204 Redding RdChattanooga, TN 37415
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Country Oaks
Studio to 2 Bedroom Apartments

Country Oaks

137 Oyler LnHixson, TN 37343
property at 800 Lullwater Rd

$949 - $1,900

2 To 4 Bedroom Rentals

Available Now

800 Lullwater Rd

ChattanoogaTN37405
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Midvale Heights
1 to 3 Bedroom Apartments

Midvale Heights

300 W Midvale AveChattanooga, TN 37405

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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Showing Results 1-29, 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 1 Bed unit found at Terra at Ashley in the Mountain Creek neighborhood priced from $899. Country Oaks in the Mile Straight neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Palmer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra at AshleyA11BR,1BA$899
Country OaksStudioStudio,1BA$900
Windsor Village Apartments1BR/1BA1BR,1BA$900
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$950
Midtown Square Apartments, ChattanoogaThe Willow 1x11BR,1BA$950
River City North3 Bedroom3BR,2BA$977
Vandergriff Village1 x 1 R1BR,1BA$1,025
Sunset Rock Apartments1BR/1.0BA1BR,1BA$1,050
MAA CloverdaleThe Belmont1BR,1BA$1,078
The Oaks at Northshore1x1tri1BR,1BA$1,080

Best Value Apartments for Rent in Palmer, TN and Nearby

As of July 27, 2026 the best value apartment in the Palmer area is the $1.29 price per square foot 3 x 1.5 TH Pinehurst II Model at Ivy Terrace in the in the Mountain Creek neighborhood starting from $1,855. The second greatest value Palmer apartment is the Finley Model at Trails of Signal Mountain starting at $1,149 with a $0.82 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.
Ivy Terrace3 x 1.5 TH Pinehurst II3BR,1.5BA$1.29
Trails of Signal MountainFinley2BR,2BA$0.82
River City North3 Bedroom3BR,2BA$0.82
Edgewood by Callio PropertiesWalnut - 2 x 2.52BR,2.5BA$1.30
Northshore Village2 x 1.52BR,1.5BA$1.14
MAA WindridgeThe Azalea1BR,1BA$1.15
Reserve at Red Bank2 x 2 R2BR,2BA$1.11
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom A1BR,1BA$1.12
Terra at AshleyA11BR,1BA$1.28

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

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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 $899 at Terra at Ashley.

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 $999 at Terra at Ashley.

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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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.