Cheap Homes for Rent in Palmer, TN from $800 (15 Rentals)

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property at 5519 TN-153

$895

1 Bedroom Rentals

Available Now

5519 TN-153

ChattanoogaTN37343

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.

property at 400 Gallery Ln

$1,200 - $1,250

2 Bedroom Rentals

Available Now

400 Gallery Ln

ChattanoogaTN37343

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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 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 ListingModel NameBed/BathPriced From
The Outpost1BR/1BA1BR,1BA$895
Terra at AshleyA11BR,1BA$899
Midtown Square Apartments, ChattanoogaThe Willow 1x11BR,1BA$950
Country OaksStudioStudio,1BA$959
River City North3 Bedroom3BR,2BA$977

Best Value Apartments for Rent in Palmer, TN and Nearby

As of June 22, 2026 the best value apartment in the Palmer area is the $0.89 price per square foot 3 Bedroom Model at Northshore Village in the in the Mountain Creek neighborhood starting from $1,289. The second greatest value Palmer apartment is the 2 Bedroom 1.5 Bathroom Model at Midvale Heights starting at $1,299 with a $1.04 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.
Northshore Village3 Bedroom3BR,2BA$0.89
Midvale Heights2 Bedroom 1.5 Bathroom2BR,1.5BA$1.04
Trails of Signal MountainMckenzie2BR,1.5BA$0.96
River City North3 Bedroom3BR,2BA$0.82
Ascent at Signal Mountain2 bed 1.5 bath Townhome2BR,1.5BA$1.30
MAA WindridgeThe Azalea1BR,1BA$1.18
Reserve at Red Bank2 x 2 R2BR,2BA$1.11
Valley View Gardens3 Bedroom Unit3BR,2BA$1.07
Kate's View2 Bedroom2BR,1BA$1.28
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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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.

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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 $899 to $2,505. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $850 to $3,400.

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 $3,400 with an average monthly rent of $1,740.

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 $2,505, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,600. 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

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.

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.