Cheap Apartments for Rent in the Fountain City Neighborhood of Knoxville, TN from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fountain City area of Knoxville.

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406 Watauga Dr
Studio Apartments

406 Watauga Dr

406 Watauga DrKnoxville, TN 37918
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3100 Marion Dr
1 Bedroom Apartments

3100 Marion Dr

3100 Marion DrKnoxville, TN 37918
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Lynnwood Apartments
2 Bedroom Apartments

Lynnwood Apartments

128 Lynnwood DrKnoxville, TN 37918
  • Utilities Included
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5301 Stanton Rd
Studio Apartments

5301 Stanton Rd

5301 Stanton RdKnoxville, TN 37918

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.

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133 Lynnview Dr
1 Bedroom Apartments

133 Lynnview Dr

133 Lynnview DrKnoxville, TN 37918
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Lynnwood Arms
1 to 2 Bedroom Apartments

Lynnwood Arms

305-309 Lynnwood DrKnoxville, TN 37918
  • Utilities Included
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Ridgecrest Apartments
2 Bedroom Apartments

Ridgecrest Apartments

2412 NE Ridgecrest DrKnoxville, TN 37918
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Oakhill Apartments
2 Bedroom Apartments

Oakhill Apartments

5540 N Broadway StKnoxville, TN 37918
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Shenandoah Apartments
1 to 2 Bedroom Apartments

Shenandoah Apartments

3400 Tazewell PikeKnoxville, TN 37918
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Fenwood Apartments
2 Bedroom Apartments

Fenwood Apartments

2719 Holbrook DrKnoxville, TN 37918
  • Utilities Included

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.

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Greystone Apartments
1 Bedroom Apartments

Greystone Apartments

3216 Garden DrKnoxville, TN 37918
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Forestal Apartments
1 Bedroom Apartments

Forestal Apartments

332 Forestal DrKnoxville, TN 37918
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Covenant Village
1 to 3 Bedroom Apartments

Covenant Village

322 Forestal DrKnoxville, TN 37918
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412 Watauga Dr
Studio Apartments

412 Watauga Dr

412 Watauga DrKnoxville, TN 37918

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.

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Midlake Apartments
2 Bedroom Apartments

Midlake Apartments

500 Knox RdKnoxville, TN 37918
  • Utilities Included

Cheapest Available Fountain City Apartments for Rent

 

The cheapest available apartment rental in the Fountain City area of Knoxville, TN is a 1 Bed unit found at 5611 Lon Roberts Dr priced from $800. Live in Comfort at Evergreen Apartments in Knoxville! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Fountain City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
5611 Lon Roberts Dr1 Beds, 1 Baths1BR,1BA$800
Live in Comfort at Evergreen Apartments in Knoxville!1BR/1.0BA1BR,1BA$1,050
The Village Apartments2 bed 1 bath2BR,1BA$1,100

Best Value Apartments for Rent in Fountain City, TN

As of June 08, 2026 the best value apartment in the Fountain City area is the $1.22 price per square foot 2 bed 1 bath Model at The Village Apartments in the in the North Knoxville neighborhood starting from $1,100. The second greatest value Fountain City apartment is the 1BR/1.0BA Model at Live in Comfort at Evergreen Apartments in Knoxville! starting at $1,050 with a $1.50 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Fountain City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village Apartments2 bed 1 bath2BR,1BA$1.22
Live in Comfort at Evergreen Apartments in Knoxville!1BR/1.0BA1BR,1BA$1.50
5611 Lon Roberts Dr1 Beds, 1 Baths1BR,1BA$1.17

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.

Helpful Local Expert Guides

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An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN

Written by: Wendy Melton

Knoxville is considered to be a jewel of the south. It is the largest city in the eastern half of Tennessee and home to the main campus of the University of Tennessee.

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Knoxvilles College Scene: An Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Written by: Wendy Melton

Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.

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Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses

Written by: Wendy Melton

With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.

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Welcome to Knoxville: A Local Experts Guide to Renting in the Heart of Tennessee

Written by: Wendy Melton

Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.