Cheap Apartments for Rent near Palmyra, TN from $650 (50 Rentals)

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

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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Avondale Park
$929 - $1,305

Total Monthly Price

Base Rent$929 - $1,305
Total Monthly Price$929 - $1,305
2 to 3 Bedroom Apartments Available Now

Avondale Park

1351 Avondale DrClarksville, TN 37040
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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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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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110 Bennett Drive
2 Bedroom Apartments

110 Bennett Drive

110 Bennett DrClarksville, TN 37042
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The Madison at 12th
1 to 2 Bedroom Apartments

The Madison at 12th

545 S 12th StClarksville, TN 37040
Corporate Housing
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The Villas at Walnut
Studio to 1 Bedroom Apartments

The Villas at Walnut

115 Walnut StClarksville, TN 37042
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Hunter Chase
1 to 2 Bedroom Apartments

Hunter Chase

1897 Madison StClarksville, TN 37043
Corporate Housing
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Rowand Ct - 310
2 Bedroom Apartments

Rowand Ct - 310

310 Rowand CtClarksville, TN 37042
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Peachers Point
2 Bedroom Apartments

Peachers Point

418 Peachers Mill RdClarksville, TN 37042
  • Utilities Included

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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1032 Glenkirk Dr
2 Bedroom Apartments

1032 Glenkirk Dr

1032 Glenkirk DrClarksville, TN 37042
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1655 Evans Rd
2 Bedroom Apartments

1655 Evans Rd

1655 Evans RdClarksville, TN 37042
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Golf Club Ln - 1625
2 Bedroom Apartments

Golf Club Ln - 1625

1625 Golf Club LnClarksville, TN 37043
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767 Monroe St
3 Bedroom Apartments

767 Monroe St

767 Monroe StClarksville, TN 37040

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.

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Palmyra, TN Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, TN is a 1 Bed unit found at 105 Walnut Street in the Clarksville neighborhood priced from $650. MAIN608 in the Downtown Clarksville neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $735. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Walnut Street1BR/1.0BA1BR, 1BA$650
MAIN608C13BR, 3BA$735
Riverwalk 803StudioStudio, 1BA$799
Fox Creek2BR/1.5BA2BR, 1BA$895
Retreat at ConcordGarden2BR, 1BA$895
Grand View1 Bedroom1BR, 1BA$899
Regency Square ApartmentsL981BR, 1BA$920
Crossland Place2 Bedroom2BR, 2BA$925
Parkway Place Apartments1Bed-1Bath1BR, 1BA$929
Avondale Park2 Beds, 1 Baths2BR, 1BA$929

Best Value Apartments for Rent in Palmyra, TN and Nearby

As of September 29, 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 Clarksville neighborhood starting from $1,470. The second greatest value Palmyra apartment is the 3 Bedroom 2 Bath Model at Montgomery Commons in the Clarksville neighborhood starting at $1,333 with a $0.99 price per square foot. Here is today’s list of the best values for Palmyra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cumberland RidgeThe Dunbar3BR, 2BA$1.04
Montgomery Commons3 Bedroom 2 Bath3BR, 2BA$0.99
Lotus Apartments at Peachers Mill3-Bedroom3BR, 2BA$1.02
940 Britton Springs Road2 Beds, 2.5 Baths2BR, 2.5BA$1.06
Post Edge2 Beds, 1.5 Baths2BR, 1.5BA$0.96
Old Towne CommonsTownhomes2BR, 2.5BA$1.07
Crossland Place2 Bedroom2BR, 2BA$0.89
Fox Creek2BR/1.5BA2BR, 1.5BA$0.87
Grand View1 Bedroom1BR, 1BA$0.92
105 Walnut Street1BR/1.0BA1BR, 1BA$0.89

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!

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Frequently Asked Questions about Cheap Palmyra Apartments

What is the Cheapest Studio apartment in Palmyra?

Currently the most affordable Cheap Studio Apartment in Palmyra is at Riverwalk 803 listed at $799.

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

The lowest price for a Cheap One Bedroom Palmyra Apartment is $650 at 105 Walnut Street.

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 $795 at MAIN608.

What is the most affordable Palmyra Three Bedroom Apartment?

The best deal on a cheap Palmyra Three Bedroom Apartment rental is at MAIN608 and starts from $735.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.