Cheap Apartments for Rent in Pelham, TN from $700 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

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

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
property at 310 Spring St

310 Spring St

MonteagleTN37356
Showing Results 1-38, 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 Studio unit found at Ivy Terrace Apartments in the Spring Valley neighborhood priced from $955. Hayfield Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ivy Terrace ApartmentsThe Ivy StudioStudio,1BA$955
Hayfield HomesOne Bedroom1BR,1BA$995
Valley View Gardens3 Bedroom Unit3BR,2BA$1,015
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1,049
1558 S Spring St2 Beds, 1 bath2BR,1BA$1,050
Terra at AshleyAP2X12BR,1BA$1,099
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1,100
Trails of Signal MountainCoolidge1BR,1BA$1,140
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1,140
Midtown Square Apartment Homes by Callio PropertiesThe Willow 1x11BR,1BA$1,150

Best Value Apartments for Rent in Pelham, TN and Nearby

As of June 04, 2025 the best value apartment in the Pelham area is the $1.17 price per square foot The Oak Model at MAA Windridge in the in the Mountain Creek neighborhood starting from $2,008. The second greatest value Pelham apartment is the 2 x 1.5 Model at Northshore Village starting at $1,299 with a $1.18 price per square foot in the Manchester Park neighborhood. 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.
MAA WindridgeThe Oak3BR,2BA$1.17
Northshore Village2 x 1.52BR,1.5BA$1.18
Riverside North Apartment Homes2x12BR,1BA$1.22
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1.19
Valley View Gardens3 Bedroom Unit3BR,2BA$1.07
Terra at AshleyAP2X12BR,1BA$1.26
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Trails of Signal MountainCoolidge1BR,1BA$1.34
Forrest Park Apartments2 Bed 1 Bath Townhome2BR,1BA$1.26
Hayfield HomesOne Bedroom1BR,1BA$1.24

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 MapPelham, TN Apartments MapView MapPelham, TN Rental Homes Map

Frequently Asked Questions about Cheap Pelham Apartments

What is the Cheapest Studio apartment in Pelham?

Currently the most affordable Cheap Studio Apartment in Pelham is at Ivy Terrace Apartments listed at $980.

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

The lowest price for a Cheap One Bedroom Pelham Apartment is $995 at Hayfield Homes.

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 $1,049 at Forrest Park Apartments.

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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.