
Cheap Apartments for Rent in Terrell, NC from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Terrell.


Room in Townhome on Reed Crk Dr

Mooresville Station

NOVA Lake Norman

Continuum 115

Palisades at Waters Edge

Sailpointe at Lake Norman

Country Club

Palisades at Alcove
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.

Total Monthly Price
Avana Landing

Echo at Lake Norman

Elevate Lake Norman

Revere at Mooresville

Bell Mooresville West

Revere at Sherrills Ford

Total Monthly Price
Avana Lake Norman

Hawthorne at Westport

Bell Lake Norman
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.

Hathaway at Lake Norman Apartments

Avalon Lake Norman

Marquis at Morrison Plantation

Midland Pointe at Lake Norman

Total Monthly Price
The Parian Mooresville

Evolve at Lake Norman

The Osprey at Lake Norman

The Clusters

Abberly Green Apartment Homes
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.

LangTree Lake Norman

Hawthorne Waterstone

Cypress Point

Total Monthly Price
Granger Village

Amavi Sherrills Ford

Talbert Woods Apartments and Townhomes

Fountains at Mooresville Town Square

119 Birdie Ct

120 Double Eagle Dr
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.

4455 Reed Crk Dr

3794 Yorkshire Pl

8435 Jane Dr
Terrell, NC Local Guide

How much does it cost to rent an apartment in Terrell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrell Studio Apartments | $1,191 | $983 | $1,400 |
| Terrell 1 Bedroom Apartments | $1,426 | $985 | $3,500 |
| Terrell 2 Bedroom Apartments | $1,706 | $1,175 | $5,307 |
| Terrell 3 Bedroom Apartments | $2,089 | $1,335 | $5,949 |
| Terrell 4 Bedroom Apartments | $2,577 | $1,795 | $3,470 |
Browse Top Apartments in Terrell
See all Apartments in TerrellExplore Terrell
Terrell, NC Local Guide
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Cheapest Available Terrell Apartments for Rent and Nearby
 The cheapest available apartment rental in Terrell, NC is a 1 Bed unit found at Mooresville Station in the Autumn Grove neighborhood priced from $987. Continuum 115 in the Waterlynn neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Terrell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mooresville Station | Mulberry | 1BR,1BA | $987 |
| Continuum 115 | A2 | 1BR,1BA | $1,150 |
| Palisades at Waters Edge | The Isle w/Balcony | 1BR,1BA | $1,155 |
| Palisades at Alcove | The Catawba | 1BR,1BA | $1,175 |
| NOVA Lake Norman | 2 Bedrooms | 2BR,2BA | $1,180 |
| Echo at Lake Norman | A6 | 1BR,1BA | $1,216 |
| Sailpointe at Lake Norman | A2 1/1 | 1BR,1BA | $1,223 |
| Elevate Lake Norman | Solace | 1BR,1BA | $1,225 |
| Bell Mooresville West | A1A | 1BR,1BA | $1,235 |
| Fountains at Mooresville Town Square | A1A | 1BR,1BA | $1,240 |
Best Value Apartments for Rent in Terrell, NC and Nearby
As of May 08, 2026 the best value apartment in the Terrell area is the $1.15 price per square foot Plan 3 Model at Tricon Lake Norman in the in the Autumn Grove neighborhood starting from $2,649. The second greatest value Terrell apartment is the Litchfield Model at Montera at Sherrills Ford starting at $1,934 with a $1.21 price per square foot . Here is today’s list of the best values for Terrell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tricon Lake Norman | Plan 3 | 4BR,2.5BA | $1.15 |
| Montera at Sherrills Ford | Litchfield | 3BR,2.5BA | $1.21 |
| Norman Ridge Townhomes | Newton | 3BR,2.5BA | $1.16 |
| Hawthorne Waterstone | Crest | 3BR,2BA | $1.34 |
| Country Club | 21P | 2BR,1BA | $1.21 |
| NOVA Lake Norman | 2 Bedrooms | 2BR,2BA | $1.31 |
| Revere at Mooresville | 1 Bedroom Plus | 1BR,1BA | $1.44 |
| Revere at Sherrills Ford | One Bedroom Plus | 1BR,1BA | $1.40 |
| Continuum 115 | A2 | 1BR,1BA | $1.35 |
| Talbert Woods Apartments and Townhomes | The Carrigan Garden | 1BR,1BA | $1.49 |
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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Terrell, NC Rentals by Map
See the most popular apartments and homes in Terrell, NC
Frequently Asked Questions about Cheap Terrell Apartments
How much is rent for a Cheap One Bedroom Terrell Apartment?
The lowest price for a Cheap One Bedroom Terrell Apartment is $987 at Mooresville Station.
What is the lowest price for a Cheap Two Bedroom Terrell Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Terrell is starting from $1,175 at Country Club.
What is the most affordable Terrell Three Bedroom Apartment?
The best deal on a cheap Terrell Three Bedroom Apartment rental is at NOVA Lake Norman and starts from $1,260.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.