Cheap Homes for Rent in Old City Neighborhood of Knoxville, TN from $800 (17 Rentals)

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

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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property at 510 14th St

510 14th St

KnoxvilleTN37916
property at 3043 E 5th Ave

3043 E 5th Ave

KnoxvilleTN37914

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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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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property at 1700 Clinch Ave

1700 Clinch Ave

KnoxvilleTN37916
Showing Results 1-17, 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 3 Beds unit found at Society 865 priced from $799. Evergreen Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Old City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Society 8653SA - Sigma3BR,2BA$799
Evergreen TerraceOne Bedroom1BR,1BA$900
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Commons at KnoxvilleC13BR,2BA$1,070

Best Value Apartments for Rent in Old City, TN

As of May 31, 2025 the best value apartment in the Old City area is the $0.56 price per square foot 2122 Brooks Ave Model at 2122 Brooks Ave, Unit Room 1 Master Bedroom in the in the Holston Hills neighborhood starting from $950. 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.
2122 Brooks Ave, Unit Room 1 Master Bedroom2122 Brooks Ave1BR,2.5BA$0.56
Sutherland Loft Townhouses2x2.52BR,2.5BA$1.64
Union KnoxvilleD54BR,4BA$1.20
401 E Scott Ave, Unit 401-1401 E Scott Ave2BR,1BA$1.55
The HenleyThe Mod2BR,2BA$1.68
First Creek at Austin2 BR2BR,1BA$1.48
The DandridgeTwo Bed OneBath - UPG2BR,1BA$1.58
Nova KnoxvilleFrisco B2BR,2BA$1.72
Evergreen TerraceOne Bedroom1BR,1BA$1.53
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.

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Frequently Asked Questions about Old City

What type of rentals are currently available in Old City?

There are currently 287 Apartments for Rent in Old City, TN with pricing that ranges from $699 to $6,742. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old City ranging from $800 to $10,320.

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 $800 to $10,320 with an average monthly rent of $4,311.

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 $1,400 to $4,100. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $699.

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.

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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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.