
Cheap Homes for Rent near Palmer, TN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Palmer.


5519 TN-153

800 Lullwater Rd

139 Hendricks Blvd, Unit 6

200 Eveningside Dr
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.

4683 Cary Ln

804 Forest Dale Ln

400 Gallery Ln

848 Kentucky Ave

903 Forest Dale Ln
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.
Palmer, TN Local Guide

How much does it cost to rent a home in Palmer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer 2 Bedroom Homes for Rent | $1,415 | $925 | $2,200 |
| Palmer 3 Bedroom Homes for Rent | $1,907 | $1,295 | $3,500 |
| Palmer 4 Bedroom Homes for Rent | $2,664 | $1,995 | $4,000 |
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Palmer, TN Local Guide
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Cheapest Available Palmer Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmer, TN is a 1 Bed unit found at The Outpost in the Mountain Creek neighborhood priced from $895. Terra at Ashley in the Mountain Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Palmer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Outpost | 1BR/1BA | 1BR,1BA | $895 |
| Terra at Ashley | A1 | 1BR,1BA | $899 |
| Country Oaks | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Palmer, TN and Nearby
As of August 07, 2026 the best value apartment in the Palmer area is the $0.85 price per square foot Finley Model at Trails of Signal Mountain in the in the Mountain Creek neighborhood starting from $1,185. The second greatest value Palmer apartment is the 3 Bedroom Model at River City North starting at $977 with a $0.82 price per square foot in the East Chattanooga neighborhood. Here is today’s list of the best values for Palmer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Trails of Signal Mountain | Finley | 2BR,2BA | $0.85 |
| River City North | 3 Bedroom | 3BR,2BA | $0.82 |
| Edgewood by Callio Properties | Walnut - 2 x 2.5 | 2BR,2.5BA | $1.28 |
| Hawthorne at the Hollow | Mowbray | 2BR,2BA | $1.28 |
| MAA Windridge | The Azalea | 1BR,1BA | $1.11 |
| Reserve at Red Bank | 2 x 2 R | 2BR,2BA | $1.11 |
| Ascent at Signal Mountain | 2 bed 2 bath | 2BR,2BA | $1.29 |
| Kate's View | 2 Bedroom | 2BR,1BA | $1.28 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Terra at Ashley | A1 | 1BR,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.
Read ArticleReal 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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Palmer
What type of rentals are currently available in Palmer?
There are currently 45 Apartments for Rent in Palmer, TN with pricing that ranges from $850 to $2,518. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $850 to $4,000.
What is the current price range for Rental Homes in Palmer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmer ranges from $850 to $4,000 with an average monthly rent of $1,797.
How much are larger Three and Four Bedroom Rentals in Palmer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palmer range from $977 to $2,518, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,025.
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

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.

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.

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.

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.