Cheap Apartments for Rent in the Old City Neighborhood of Knoxville, TN from $619 (62 Rentals)

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

Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee

Discover why Knoxville, Tennessee is one of the South's best places to rent. Explore top neighborhoods, universities, restaurants, and everything the city has to offer.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2718 Painter Ave
$1,250

Total Monthly Price

Base Rent$1,250
Total Monthly Price$1,250
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

2718 Painter Ave, Unit C108

2718 Painter Ave
KnoxvilleTN37919
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property at 724 Ben Hur Ave
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

724 Ben Hur Ave

KnoxvilleTN37915
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The Aster
$1,391 - $3,625

Total Monthly Price

Base Rent$1,391 - $3,625
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Soon

The Aster

701 E Hill AveKnoxville, TN 37915
Student Housing
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Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses

Looking for a rental in Knoxville? Our guide breaks down 20+ neighborhoods with affordable housing, great schools, and easy access to job opportunities across Knox County.

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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916
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612 South Studios
Studio Apartments

612 South Studios

612 Gertrude AveKnoxville, TN 37920
Corporate Housing
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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

Knoxville's Best Affordable Neighborhoods

Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

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White Avenue Apartments
1 Bedroom Apartments

White Avenue Apartments

1303 White AveKnoxville, TN 37916
Student Housing
  • 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
property at 202 E Columbia Ave
$1,050 - $1,295
1 To 2 Bedroom Rentals
Available Now
Affordability

202 E Columbia Ave

KnoxvilleTN37917
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The Highland On Laurel
1 Bedroom Apartments

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 4 Beds unit found at Commons at Knoxville priced from $729. Tradition Knoxville has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable Old City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Commons at KnoxvilleD1 Renovated4BR, 2BA$729
Tradition KnoxvilleSpence2BR, 1BA$850
16th Place ApartmentsOne Bedroom1BR, 1BA$880
Evergreen TerraceOne Bedroom remodel1BR, 1BA$900
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR, 1BA$945
Cherokee Ridge ApartmentsThe Appalachia1BR, 1BA$950
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio, 1BA$975
The Shiloh Ridge Apartments2 Bed2BR, 1BA$999
The DandridgeTwo Bed OneBath - UPG2BR, 1BA$999
Oak Crest ApartmentsTwo Bedroom2BR, 2BA$1,000

Best Value Apartments for Rent in Old City, TN

As of September 29, 2026 the best value apartment in the Old City area is the $1.27 price per square foot 4BR/4BA - D3 Model at EVER Knoxville in the West Knoxville neighborhood starting from $1,569. The second greatest value Old City apartment is the Two Bedroom Model at Oak Crest Apartments in the North Knoxville neighborhood starting at $1,000 with a $0.83 price per square foot. 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.
EVER Knoxville4BR/4BA - D34BR, 4BA$1.27
Oak Crest ApartmentsTwo Bedroom2BR, 2BA$0.83
201 E Oklahoma Ave201 E Oklahoma Ave3BR, 1BA$1.36
205 E Springdale Ave, Unit 205205 E Springdale Ave2BR, 1BA$1.41
Flagship Kern's ApartmentsAcademic Year 2026 - 2027 - B12BR, 2BA$1.11
The DandridgeTwo Bed OneBath - UPG2BR, 1BA$1.21
The Shiloh Ridge Apartments2 Bed2BR, 1BA$1.21
Knox Row2x12BR, 1BA$1.30
Tradition KnoxvillePorters2BR, 1BA$1.15
Cherokee Ridge ApartmentsThe Appalachia1BR, 1BA$1.46

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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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.

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Real 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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Pet Friendly Lifestyle
Old City, Knoxville, TN

Ranked #9

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,000.

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

The cheapest apartment in Old City is 16th Place Apartments which is listed at $880, while the average apartment in Old City costs $1,525.

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 315 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 $1,304 which is $221 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.

Helpful Local Expert Guides

decorative image for Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee article

Welcome to Knoxville: A Local Expert's 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.

decorative image for Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses article

Knoxville Living: Mapping Your Next Apartment Near the City's 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.

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

Knoxville's College Scene: An Expert's 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.

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.