
Cheap Apartments for Rent in Pelham, TN from $700 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Pelham.


Terra at Ashley

Arbors at Signal Mountain

Forrest Park Apartments

Hills Chapel Apartments

Riverside North Apartment Homes

Apartment Living in Quiet Area within Manchester City Limits

Valley View Gardens

Northshore Village
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.

Midtown Square Apartments, Chattanooga

Midvale Heights

Trails of Signal Mountain

The Reserve at Red Bank Apartment Homes

Ivy Terrace Apartments

Davis Estates Apartments

Hayfield Homes

Sunset Rock Apartments

Northshore Flats 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.

Magnolia Village Apartments

Carden Estates Apartments

Ridgemont at Stringers Ridge

The Links Apartments

Arcadia Creekside

Ascent at Signal Mountain

Views at Signal Mountain

Vista Cameron Harbor
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.

Riverwalk at Cameron Harbor

River Canyon

Willow Grove

Admiral Place Apartments

1558 S Spring St

Tomorrow Building at Somer Station

415 Pinecrest St

315 Bybee Branch Rd
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.

310 Spring St

800-B N Vine St

845 Modena Rd

500 Cumberland Ave

400 N Diagonal St

596 Myers Rd
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.
Pelham, TN Local Guide

How much does it cost to rent an apartment in Pelham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Studio Apartments | $1,180 | $955 | $1,309 |
| Pelham 1 Bedroom Apartments | $1,274 | $849 | $1,726 |
| Pelham 2 Bedroom Apartments | $1,447 | $942 | $2,410 |
| Pelham 3 Bedroom Apartments | $1,746 | $1,015 | $2,505 |
| Pelham 4 Bedroom Apartments | $2,145 | $2,145 | $2,145 |
Browse Top Apartments in Pelham
See all Apartments in PelhamExplore Pelham
Pelham, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terra at Ashley | A1 | 1BR,1BA | $849 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $860 |
| Apartment Living in Quiet Area within Manchester City Limits | 1 Bedroom 1 Bath | 1BR,1BA | $925 |
| Valley View Gardens | 2 Bedroom Unit | 2BR,1BA | $942 |
| Northshore Village | 1x1a | 1BR,1BA | $950 |
| The Reserve at Red Bank Apartment Homes | 1x1 | 1BR,1BA | $960 |
| Davis Estates Apartments | Two Bedroom | 2BR,1BA | $995 |
| Sunset Rock Apartments | Unit 9 | 1BR,1BA | $995 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $995 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $999 |
Best Value Apartments for Rent in Pelham, TN and Nearby
As of January 04, 2026 the best value apartment in the Pelham area is the $1.09 price per square foot 3 Bedroom Model at Park Trail Apartments in the starting from $1,500. The second greatest value Pelham apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,295 with a $1.06 price per square foot in the Mountain Creek neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Trail Apartments | 3 Bedroom | 3BR,2BA | $1.09 |
| Trails of Signal Mountain | Mckenzie | 2BR,1.5BA | $1.06 |
| Riverside North Apartment Homes | 2x1 | 2BR,1BA | $1.02 |
| Magnolia Village Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.04 |
| Carden Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.12 |
| Davis Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| The Links Apartments | 2 Bedroom 1 Bath Apartment Home, 930 square feet | 2BR,1BA | $1.18 |
| Arbors at Signal Mountain | One Bedroom | 1BR,1BA | $0.98 |
| Midvale Heights | 1 Bedroom 1 Bathroom B | 1BR,1BA | $1.15 |
| Valley View Gardens | 2 Bedroom Unit | 2BR,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.
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 Pelham, TN Rentals by Map
See the most popular apartments and homes in Pelham, TN
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





