
Cheap Apartments for Rent in Palmyra, TN from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmyra.


Parkway Place Apartments

Cumberland Ridge

Montgomery Commons

The Bluffs over Cumberland

The Villages at Peachers Mill
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.

Northwoods Apartments

Riverwalk 803

Avondale Park

The Madison at 12th

The Residences at 1671 Campbell

Regency Square Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Retreat at Concord

Hunter Chase

Rowand Ct - 310

The Villas at Walnut

Gracey Court &The Phoenix

Fox Creek Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Appleton Dr - 618 (x4)

110 Bennett Drive

363 Peabody Dr

371 Peabody Dr

102 Kingsbury Ct

102 D Kingsbury Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

638 R S Bradley Blvd
Palmyra, TN Local Guide

How much does it cost to rent an apartment in Palmyra?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmyra Studio Apartments | $1,008 | $899 | $1,145 |
| Palmyra 1 Bedroom Apartments | $1,118 | $750 | $1,599 |
| Palmyra 2 Bedroom Apartments | $1,279 | $875 | $1,763 |
| Palmyra 3 Bedroom Apartments | $1,538 | $1,095 | $1,947 |
Browse Top Apartments in Palmyra
See all Apartments in PalmyraExplore Palmyra
Palmyra, TN Local Guide
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Cheapest Available Palmyra Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmyra, TN is a 1 Bed unit found at Parkway Place Apartments priced from $869. Montgomery Commons has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Palmyra apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkway Place Apartments | 1Bed-1Bath | 1BR,1BA | $869 |
| Montgomery Commons | 2 Bedroom 2 Bath | 2BR,2BA | $875 |
| The Bluffs over Cumberland | 1 Bed 1 Bath | 1BR,1BA | $882 |
| The Villages at Peachers Mill | Belaire 2 Bedroom | 2BR,1BA | $895 |
| Avondale Park | 2BR/1BA | 2BR,1BA | $899 |
Best Value Apartments for Rent in Palmyra, TN and Nearby
As of March 12, 2026 the best value apartment in the Palmyra area is the $1.04 price per square foot The Dunbar Model at Cumberland Ridge in the in the Downtown Clarksville neighborhood starting from $1,470. The second greatest value Palmyra apartment is the Unit A Model at 767 Monroe St starting at $1,295 with a $1.08 price per square foot in the Downtown Clarksville neighborhood. Here is today’s list of the best values for Palmyra apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cumberland Ridge | The Dunbar | 3BR,2BA | $1.04 |
| 767 Monroe St | Unit A | 3BR,1.5BA | $1.08 |
| Lotus Apartments at Peachers Mill | 3-Bedroom | 3BR,2BA | $1.02 |
| The Villages at Peachers Mill | Kenwood 3 Bedroom | 3BR,1BA | $1.07 |
| Montgomery Commons | 2 Bedroom 2 Bath | 2BR,2BA | $0.78 |
| Easton Village | Easton Village - With Storage | 2BR,2.5BA | $1.09 |
| 1032 Glenkirk Dr | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.00 |
| Post Edge | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.12 |
| Crossland Place | 2 Bedroom | 2BR,2BA | $1.03 |
| University Landing | 2x2 | 2BR,2BA | $0.80 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmyra, TN Rentals by Map
See the most popular apartments and homes in Palmyra, TN
Frequently Asked Questions about Cheap Palmyra Apartments
How much is rent for a Cheap One Bedroom Palmyra Apartment?
The lowest price for a Cheap One Bedroom Palmyra Apartment is $882 at The Bluffs over Cumberland.
What is the lowest price for a Cheap Two Bedroom Palmyra Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palmyra is starting from $850 at Parkway Place Apartments.
What is the most affordable Palmyra Three Bedroom Apartment?
The best deal on a cheap Palmyra Three Bedroom Apartment rental is at Avondale Park and starts from $995.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.