
Cheap Apartments for Rent in Philadelphia, TN from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Philadelphia.


Middle Creek Apartments

Tanasi Bend Apartments

Peaks of Loudon

Vonore Apartments

Hillview Terrace Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

College Grove

Town Creek Village

Camellia Trace

Waters Edge Apartment Homes

New Adventure Apartments

Park Village Apartments
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.

The Oaks Apartments

1076 Old Hwy 68

Plainsview Greene

405 S High St

405 N High St

201 Main St
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.

111 Paint Rock Ferry Rd

823 Englewood Rd

114 Old Athens Pike

268 Willow Creek Drive

402 Pine St

Madison Avenue Townhomes
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.

139 Sky Dome Rd
Philadelphia, TN Local Guide

How much does it cost to rent an apartment in Philadelphia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philadelphia Studio Apartments | $1,500 | $1,424 | $1,614 |
| Philadelphia 1 Bedroom Apartments | $1,563 | $725 | $2,675 |
| Philadelphia 2 Bedroom Apartments | $1,799 | $897 | $3,215 |
| Philadelphia 3 Bedroom Apartments | $2,174 | $1,000 | $3,679 |
| Philadelphia 4 Bedroom Apartments | $2,802 | $2,749 | $3,330 |
Browse Top Apartments in Philadelphia
See all Apartments in PhiladelphiaExplore Philadelphia
Philadelphia, TN Local Guide
- Nearby Cities
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Cheapest Available Philadelphia Apartments for Rent and Nearby
 The cheapest available apartment rental in Philadelphia, TN is a 2 Beds unit found at Plainsview Greene priced from $528. Tanasi Bend Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Philadelphia apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plainsview Greene | 2 Bedroom | 2BR,1BA | $528 |
| Tanasi Bend Apartments | 1-Bedroom | 1BR,1BA | $850 |
| Vonore Apartments | 2BR/1.0BA | 2BR,1BA | $900 |
| Hillview Terrace Apartments | 1-bedroom | 1BR,1BA | $950 |
| Middle Creek Apartments | 2-bedroom | 2BR,1BA | $950 |
Best Value Apartments for Rent in Philadelphia, TN and Nearby
As of June 10, 2026 the best value apartment in the Philadelphia area is the $1.21 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,850. The second greatest value Philadelphia apartment is the The Sycamore Model at Poplar Creek starting at $2,295 with a $1.23 price per square foot . Here is today’s list of the best values for Philadelphia apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Preston Park | Preston Park | 3BR,3.5BA | $1.21 |
| Poplar Creek | The Sycamore | 3BR,2.5BA | $1.23 |
| Park Village Apartments | 2 Bedroom | 2BR,2BA | $1.11 |
| Mountain View Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.10 |
| Madison Avenue Townhomes | Two Bedroom | 2BR,1.5BA | $1.15 |
| Middle Creek Apartments | 2-bedroom | 2BR,1BA | $0.97 |
| New Adventure Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.22 |
| Hillview Terrace Apartments | 1-bedroom | 1BR,1BA | $1.27 |
| Plainsview Greene | 2 Bedroom | 2BR,1BA | $0.72 |
| Tanasi Bend Apartments | 1-Bedroom | 1BR,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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Philadelphia, TN Rentals by Map
See the most popular apartments and homes in Philadelphia, TN
Frequently Asked Questions about Cheap Philadelphia Apartments
What is the Cheapest Studio apartment in Philadelphia?
Currently the most affordable Cheap Studio Apartment in Philadelphia is at Authentix Town Creek listed at $1,424.
How much is rent for a Cheap One Bedroom Philadelphia Apartment?
The lowest price for a Cheap One Bedroom Philadelphia Apartment is $850 at Tanasi Bend Apartments.
What is the lowest price for a Cheap Two Bedroom Philadelphia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Philadelphia is starting from $528 at Plainsview Greene.
What is the most affordable Philadelphia Three Bedroom Apartment?
The best deal on a cheap Philadelphia Three Bedroom Apartment rental is at Vonore Apartments and starts from $1,000.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.