Cheap Apartments for Rent in Pelham, TN from $700 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
The Outpost
1 Bedroom Apartments

The Outpost

2614 Lyndon AveChattanooga, TN 37415

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.

Read Article
close
View Me
53 Haley Dr
Studio to 2 Bedroom Apartments

53 Haley Dr

53 Haley DrManchester, TN 37355
Furnished
  • Utilities Included
Showing Results 1-46, Page 1 of 1

Pelham, TN Local Guide

Cheapest Available Pelham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pelham, TN is a 1 Bed unit found at Terra at Ashley in the Mountain Creek neighborhood priced from $849. Valley View Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $942. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra at AshleyA11BR,1BA$849
Valley View Gardens2 Bedroom Unit2BR,1BA$942
Northshore Village1x1a1BR,1BA$950
Trails of Signal MountainMajesticStudio,1BA$955
Arbors at Signal MountainOne Bedroom1BR,1BA$960
The Reserve at Red Bank Apartment Homes1x11BR,1BA$960
Sunset Rock ApartmentsUnit 91BR,1BA$995
Hayfield HomesOne Bedroom1BR,1BA$995
Davis Estates ApartmentsTwo Bedroom2BR,1BA$995
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$999

Best Value Apartments for Rent in Pelham, TN and Nearby

As of December 27, 2025 the best value apartment in the Pelham area is the $1.04 price per square foot 2 Bedroom, 1 Bath Model at Magnolia Village Apartments in the starting from $1,020. The second greatest value Pelham apartment is the Two Bedroom One Bathroom Model at Carden Estates Apartments starting at $1,075 with a $1.12 price per square foot . Here is today’s list of the best values for Pelham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Magnolia Village Apartments2 Bedroom, 1 Bath2BR,1BA$1.04
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.12
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Kate's View2 Bedroom2BR,1BA$1.28
Arbors at Signal MountainOne Bedroom1BR,1BA$1.10
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1.32
Valley View Gardens2 Bedroom Unit2BR,1BA$1.14
Hayfield HomesOne Bedroom1BR,1BA$1.24
Terra at AshleyA11BR,1BA$1.21

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Pelham, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Pelham, TN

View Map
Pelham, TN Apartments Map
View Map
Pelham, TN Rental Homes Map

Frequently Asked Questions about Cheap Pelham Apartments

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

The lowest price for a Cheap One Bedroom Pelham Apartment is $849 at Terra at Ashley.

What is the lowest price for a Cheap Two Bedroom Pelham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pelham is starting from $942 at Valley View Gardens.

What is the most affordable Pelham Three Bedroom Apartment?

The best deal on a cheap Pelham Three Bedroom Apartment rental is at Hayfield Homes and starts from $1,295.

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!