Cheap Apartments for Rent in the Old City Neighborhood of Knoxville, TN from $600 (41 Rentals)

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

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Evergreen Terrace
$985 - $1,010
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $990
Required Monthly Fees
$20

Total Monthly Price
$985 - $1,010
1 Bedroom Apartments Available Now

Evergreen Terrace

1119 Baker AveKnoxville, TN 37920
Affordability
  • Verified
  • Customer Reviewed
  • 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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The Shiloh Ridge Apartments
Rent Specials
$1,150 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$990 - $1,190
Required Monthly Fees
$160

Total Monthly Price
$1,150 - $1,350
2 to 3 Bedroom Apartments Available Now

The Shiloh Ridge Apartments

2627 Wimpole AveKnoxville, TN 37914
Affordability
  • Verified
  • 3D Tour

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.

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Southmont Apartments
$1,200 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,355
Required Monthly Fees
$20

Total Monthly Price
$1,200 - $1,375
2 Bedroom Apartments Available Now

Southmont Apartments

1415 E Moody AveKnoxville, TN 37920
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Adelade
$1,275 - $1,648
Total Monthly Price

Total Monthly Price

Base Rent
$1,167 - $1,540
Required Monthly Fees
$108

Total Monthly Price
$1,275 - $1,648
Studio to 2 Bedroom Apartments Available Mar 1

The Adelade

2701 Sevier AveKnoxville, TN 37920
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916
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16th Place Apartments
1 to 3 Bedroom Apartments

16th Place Apartments

1539-1543 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916
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Hillwood Villas
1 to 2 Bedroom Apartments

Hillwood Villas

1642 Hillwood DrKnoxville, TN 37920
  • Utilities Included
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White Avenue Apartments
1 Bedroom Apartments

White Avenue Apartments

1303 White AveKnoxville, TN 37916
Student Housing
  • Utilities Included

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.

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Southside Flats
1 to 3 Bedroom Apartments

Southside Flats

2727 Fort Stanley wayKnoxville, TN 37920
  • Utilities Included
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Highland Terrace IV
1 to 2 Bedroom Apartments

Highland Terrace IV

2329-2343 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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The Highland On Laurel
1 Bedroom Apartments

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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The Flats at The Pike
1 to 2 Bedroom Apartments

The Flats at The Pike

1501 Washington PikeKnoxville, TN 37917
  • Utilities Included
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Sterchi's Lofts
Studio to 4 Bedroom Apartments

Sterchi's Lofts

116 S Gay StKnoxville, TN 37902
  • Utilities Included
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The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing
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Yardley Flats Apartments
1 to 2 Bedroom Apartments

Yardley Flats Apartments

215 Florida StKnoxville, TN 37915
Student Housing
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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.

Old City, Knoxville, TN Local Guide

Cheapest Available Old City Apartments for Rent

 

The cheapest available apartment rental in the Old City area of Knoxville, TN is a 2 Beds unit found at Tradition Knoxville priced from $799. Society 865 has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here are the most affordable Old City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Tradition KnoxvilleSpence2BR,1BA$799
Society 8653SA - Sigma3BR,2BA$799
The Mark KnoxvilleE5B - 5x55BR,5BA$949
Commons at KnoxvilleC13BR,2BA$959
Evergreen TerraceOne Bedroom remodel1BR,1BA$985
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1,070
Oak Crest ApartmentsTwo Bedroom2BR,2BA$1,075
Graham Apartments1X1 201-2041BR,1BA$1,100
The Shiloh Ridge Apartments2 Bed2BR,1BA$1,150

Best Value Apartments for Rent in Old City, TN

As of February 12, 2026 the best value apartment in the Old City area is the $1.32 price per square foot 2-bedroom Model at Emporium Lofts in the in the West Knoxville neighborhood starting from $1,900. The second greatest value Old City apartment is the 2x2.5 Model at Sutherland Loft Townhouses starting at $2,300 with a $1.64 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Old City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emporium Lofts2-bedroom2BR,1BA$1.32
Sutherland Loft Townhouses2x2.52BR,2.5BA$1.64
Oak Crest ApartmentsTwo Bedroom2BR,2BA$0.89
Slate at 9014x2B4BR,2BA$1.04
The DandridgeThree Bed One Bath - UPG3BR,1BA$1.60
The Shiloh Ridge Apartments3 bed3BR,1BA$1.50
The HenleyMetro1BR,1BA$1.70
Tradition KnoxvilleSpence2BR,1BA$1.07
1402 Grand Ave, Unit C1402 Grand Ave1BR,1BA$1.67
Evergreen TerraceOne Bedroom remodel1BR,1BA$1.70

Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee and customized analysis for Knoxville, Tennessee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Old City Apartments

What is a cheap apartment in Old City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old City is under $1,150.

What is the price of a cheap apartment in Old City?

The cheapest apartment in Old City is Evergreen Terrace which is listed at $985, while the average apartment in Old City costs $1,655.

What types of apartments are the cheapest in Old City?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 372 regular apartments in Old City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old City?

Cheap apartments in Old City have an average cost of $1,212 which is $443 cheaper than the average rent for all rentals in Old City.

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

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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.