Cheap Homes for Rent in Old City Neighborhood of Knoxville, TN from $900 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 510 14th St

510 14th St

KnoxvilleTN37916

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.

Read Article
property at 116 S Gay St

116 S Gay St

KnoxvilleTN37902

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.

Read Article
Showing Results 1-21, Page 1 of 1

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 1 Bed unit found at 16th Place Apartments priced from $780. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Old City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Evergreen TerraceOne Bedroom Remodel1BR,1BA$985
The DandridgeTwo Bedroom - One Bath2BR,1BA$1,100
Gardens at Knoxwood2X12BR,1BA$1,199

Best Value Apartments for Rent in Old City, TN

As of July 30, 2025 the best value apartment in the Old City area is the $1.64 price per square foot 2x2.5 Model at Sutherland Loft Townhouses in the in the West Knoxville neighborhood starting from $2,300. The second greatest value Old City apartment is the The French Broad Model at Rivers Edge Apartments starting at $2,384 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sutherland Loft Townhouses2x2.52BR,2.5BA$1.64
Rivers Edge ApartmentsThe French Broad3BR,2BA$1.77
The HenleyThe Mod2BR,2BA$1.74
The DandridgeThree Bed One Bath - UPG3BR,1BA$1.60
First Creek at Austin2 BR2BR,1BA$1.48
The DavyB22BR,2BA$1.81
Gardens at Knoxwood2X12BR,1BA$1.73
16th Place ApartmentsTwo Bedroom2BR,1BA$1.59
Evergreen TerraceOne Bedroom Remodel1BR,1BA$1.70
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Old City

What type of rentals are currently available in Old City?

There are currently 294 Apartments for Rent in Old City, TN with pricing that ranges from $599 to $7,499. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old City ranging from $925 to $22,000.

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 $925 to $22,000 with an average monthly rent of $4,358.

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 $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $22,000. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $599.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.