Cheap Homes for Rent in Pelham, TN from $300 (13 Rentals)

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property at 310 Spring St

310 Spring St

MonteagleTN37356

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.

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.

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 Mountain Creek neighborhood priced from $880. Valley View Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $908. Here is today’s list of the most affordable Pelham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ivy Terrace ApartmentsThe Ivy StudioStudio,1BA$880
Valley View Gardens2 Bedroom Unit2BR,1BA$908
Terra at AshleyAP1X11BR,1BA$925
Hayfield HomesOne Bedroom1BR,1BA$995
The Reserve at Red Bank Apartment Homes1x11BR,1BA$1,010

Best Value Apartments for Rent in Pelham, TN and Nearby

As of July 29, 2025 the best value apartment in the Pelham area is the $1.19 price per square foot Oxford Model at Hartman Hill in the in the Mile Straight neighborhood starting from $2,999. The second greatest value Pelham apartment is the The Maple Model at MAA Windridge starting at $1,628 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hartman HillOxford4BR,3BA$1.19
MAA WindridgeThe Maple2BR,2BA$1.13
Trails of Signal MountainMckenzie2BR,1.5BA$1.09
Riverside North Apartment Homes2x12BR,1BA$1.15
Davis Estates ApartmentsTwo Bedroom2BR,1BA$1.21
Kate's View2 Bedroom2BR,1BA$1.28
Midvale Heights1 Bedroom 1 Bathroom B1BR,1BA$1.27
Valley View Gardens2 Bedroom Unit2BR,1BA$1.10
Hayfield HomesOne Bedroom1BR,1BA$1.24
Terra at AshleyAP1X11BR,1BA$1.32

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Frequently Asked Questions about Pelham

What type of rentals are currently available in Pelham?

There are currently 42 Apartments for Rent in Pelham, TN with pricing that ranges from $879 to $4,663. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pelham ranging from $350 to $3,995.

What is the current price range for Rental Homes in Pelham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pelham ranges from $350 to $3,995 with an average monthly rent of $1,622.

How much are larger Three and Four Bedroom Rentals in Pelham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pelham range from $1,015 to $4,139, while Three Bedroom Homes, Condos, and Townhomes for rent range from $350 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,145.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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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.