Cheap Apartments for Rent in Pelham, TN from $700 (48 Rentals)

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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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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.

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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.

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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.

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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.

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Willow Grove
2 Bedroom Apartments

Willow Grove

1316-1346 Willow DrManchester, TN 37355
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53 Haley Dr
Studio to 2 Bedroom Apartments

53 Haley Dr

53 Haley DrManchester, TN 37355
Furnished
  • Utilities Included
Showing Results 1-48, 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. Arbors at Signal Mountain in the Mountain Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Terra at AshleyA11BR,1BA$849
Arbors at Signal MountainOne Bedroom1BR,1BA$860
Ridgemont at Stringers Ridge1X1A1BR,1BA$916
Manchester Arbors Apartments1 Bedroom 1 Bath1BR,1BA$925
The Reserve at Red Bank Apartment Homes1x11BR,1BA$935
Valley View Gardens2 Bedroom Unit2BR,1BA$942
Northshore Village1x1a1BR,1BA$950
Riverside North Apartment Homes2x12BR,1BA$975
Sunset Rock ApartmentsUnit 91BR,1BA$995
Davis Estates ApartmentsTwo Bedroom2BR,1BA$995

Best Value Apartments for Rent in Pelham, TN and Nearby

As of January 11, 2026 the best value apartment in the Pelham area is the $1.04 price per square foot Mckenzie Model at Trails of Signal Mountain in the in the Mountain Creek neighborhood starting from $1,275. The second greatest value Pelham apartment is the 2 Bedroom Model at Park Trail Apartments starting at $1,175 with a $1.06 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.
Trails of Signal MountainMckenzie2BR,1.5BA$1.04
Park Trail Apartments2 Bedroom2BR,2BA$1.06
Ascent at Signal Mountain2 bed 2 bath2BR,2BA$1.15
Riverside North Apartment Homes2x12BR,1BA$0.99
Magnolia Village Apartments2 Bedroom, 1 Bath2BR,1BA$1.04
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1.04
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.12
Arbors at Signal MountainOne Bedroom1BR,1BA$0.98
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.15
Valley View Gardens2 Bedroom Unit2BR,1BA$1.14

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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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.

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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.

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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!

Explore Pelham, TN Rentals by Map

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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 Valley View Gardens and starts from $1,015.

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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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!