Cheap Apartments for Rent near Palmyra, TN from $700 (52 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
Rent Specials
$929 - $1,305
Total Monthly Price

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
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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 Flats at Lancaster
Rent Specials
$1,243 - $1,537
Total Monthly Price

Total Monthly Price

Base Rent
$1,243 - $1,537
Total Monthly Price
$1,243 - $1,537
1 to 3 Bedroom Apartments Available Now

The Flats at Lancaster

375 S Lancaster RdClarksville, TN 37042
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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
  • Utilities Included
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The Villas at Walnut
Studio to 1 Bedroom Apartments

The Villas at Walnut

115 Walnut StClarksville, TN 37042
  • Utilities Included
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Rowand Ct - 310
2 Bedroom Apartments

Rowand Ct - 310

310 Rowand CtClarksville, 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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Peachers Point
2 Bedroom Apartments

Peachers Point

418 Peachers Mill RdClarksville, TN 37042
  • Utilities Included
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1032 Glenkirk Dr
2 Bedroom Apartments

1032 Glenkirk Dr

1032 Glenkirk DrClarksville, TN 37042
  • Utilities Included
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Hunter Chase
1 to 2 Bedroom Apartments

Hunter Chase

1897 Madison StClarksville, TN 37043
Corporate Housing
  • Utilities Included
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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
  • Utilities Included
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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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Showing Results 1-50, Page 1 of 2

Palmyra, TN Local Guide

Cheapest Available Palmyra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palmyra, TN is a 3 Beds unit found at MAIN608 in the Downtown Clarksville neighborhood priced from $735. 105 Walnut Street in the Clarksville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Palmyra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MAIN608C13BR,3BA$735
105 Walnut Street1BR/1.0BA1BR,1BA$750
Clarksville Heights1 bedroom 1 bath - 50% AMI1BR,1BA$787
Riverwalk 803StudioStudio,1BA$799
Parkway Place Apartments1Bed-1Bath1BR,1BA$869
Fox Creek2BR/1.5BA2BR,1BA$895
Retreat at ConcordGarden2BR,1BA$895
Regency Square ApartmentsL981BR,1BA$920
Crossland Place2 Bedroom2BR,2BA$925
The Penn Warren1 Bedroom1BR,1BA$925

Best Value Apartments for Rent in Palmyra, TN and Nearby

As of August 14, 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 Clarksville neighborhood starting from $1,470. The second greatest value Palmyra apartment is the 2/1.50 Model at Biltmore Luxury Townhomes starting at $1,238 with a $1.05 price per square foot in the Clarksville neighborhood. 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
Biltmore Luxury Townhomes2/1.502BR,1.5BA$1.05
940 Britton Springs Road2 Beds, 2.5 Baths2BR,2.5BA$1.06
Grand View2 Bedroom2BR,2BA$0.89
Easton VillageEaston Village - With Storage2BR,2.5BA$1.09
Crossland Place2 Bedroom2BR,2BA$0.89
Fox Creek2BR/1.5BA2BR,1.5BA$0.87
University LandingPremium 2x22BR,2BA$0.93
Retreat at ConcordGarden2BR,1BA$1.12
105 Walnut Street1BR/1.0BA1BR,1BA$1.02

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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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!

Explore Palmyra, TN Rentals by Map

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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 $750 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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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.

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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.