
Cheap Homes for Rent in Old City Neighborhood of Knoxville, TN from $800 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Old City area of Knoxville.


2827 E 5th Ave

2827 E 5th Ave

302 Olive St, Unit 202

2827 E 5th Ave

2827 E 5th Ave

2827 E 5th Ave
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.

1637 Highland Ave

410 Sir Keegan Way

1928 Vermont Ave

1507 Highland Ave, Unit #B402, Unit #B402

1700 Clinch Ave

1700 Clinch Ave, Unit #207, Unit #207

2827 E 5th Ave
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.

1700 Clinch Ave

1506 Exeter Ave NW

3043 E 5th Ave

218 W Columbia Ave

1507 Highland Ave

813 Hall of Fame Dr

228 Hawthorne Ave
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.

1700 Clinch Ave

2718 Painter Ave SW, Unit B106
Old City, Knoxville, TN Local Guide

How much does it cost to rent a home in Old City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old City 2 Bedroom Homes for Rent | $1,747 | $1,295 | $2,800 |
| Old City 3 Bedroom Homes for Rent | $2,207 | $999 | $3,500 |
| Old City 4 Bedroom Homes for Rent | $1,897 | $1,150 | $2,900 |
| Old City 5 Bedroom Homes for Rent | $2,865 | $2,595 | $3,000 |
| Old City 6 Bedroom Homes for Rent | $995 | $995 | $995 |
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Old City Neighborhood of Knoxville, TN.
Explore Knoxville
Old City, Knoxville, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tradition Knoxville | Spence | 2BR,1BA | $799 |
| Society 865 | 3SA - Sigma | 3BR,2BA | $799 |
| 16th Place Apartments | One Bedroom | 1BR,1BA | $880 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $900 |
| Commons at Knoxville | D1 Renovated | 4BR,2BA | $935 |
Best Value Apartments for Rent in Old City, TN
As of May 25, 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 Two Bedroom Model at Oak Crest Apartments starting at $1,000 with a $0.83 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Old City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emporium Lofts | 2-bedroom | 2BR,1BA | $1.32 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.83 |
| Slate at 901 | 4x2B | 4BR,2BA | $0.93 |
| University Walk | Student Housing | 2 Bed - 2 Bath | 2BR,2BA | $1.40 |
| Overlook at Beaumont Western 1 LP | 2 Bedroom - Affordable | 2BR,2BA | $1.46 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $1.21 |
| Tradition Knoxville | Spence | 2BR,1BA | $1.07 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.56 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $1.46 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.55 |
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.
Read ArticleDon'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.
Pet Friendly LifestyleOld City, Knoxville, TN
Ranked #9
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Old City
What type of rentals are currently available in Old City?
There are currently 305 Apartments for Rent in Old City, TN with pricing that ranges from $725 to $4,785. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old City ranging from $850 to $3,500.
What is the current price range for Rental Homes in Old City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old City ranges from $850 to $3,500 with an average monthly rent of $1,741.
How much are larger Three and Four Bedroom Rentals in Old City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old City range from $799 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $725.
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

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.

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.

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.
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.