Cheap Apartments for Rent in the Park City Neighborhood of Knoxville, TN from $500 (39 Rentals)

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

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.

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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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2601-2609 Bridalwood Dr
2 Bedroom Apartments

2601-2609 Bridalwood Dr

2601-2609 Bridalwood DrKnoxville, TN 37917
  • Utilities Included
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Whittle Springs
1 to 2 Bedroom Apartments

Whittle Springs

4415 Whittle Springs RdKnoxville, TN 37917
  • Utilities Included
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Riverview Park
2 to 3 Bedroom Apartments

Riverview Park

3219 River Maple WayKnoxville, TN 37914
  • 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

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.

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The Flats at The View
1 to 2 Bedroom Apartments

The Flats at The View

2809 Valley View DrKnoxville, 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

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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The Medical Arts Building
Studio to 3 Bedroom Apartments

The Medical Arts Building

603 W Main StKnoxville, TN 37902
Corporate Housing
  • Utilities Included
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Showing Results 1-39, Page 1 of 1

Cheapest Available Park City Apartments for Rent

 

The cheapest available apartment rental in the Park City area of Knoxville, TN is a 1 Bed unit found at Morningside Gardens Apartments priced from $945. Sunset Rill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Park City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$945
Sunset Rill Apartments1 BEDROOM1BR,1BA$975
The Shiloh Ridge Apartments2 Bed2BR,1BA$999
Forestdale Village1BD/1BA1BR,1BA$1,000
Burlington Commons2 Bedroom 1 Bath2BR,1BA$1,140
Ammons at Asheville Highway2 Bedroom 2 Bath2BR,2BA$1,143
Graham Apartments1X1 201-2041BR,1BA$1,200
First Creek at Austin1 BR1BR,1BA$1,225
Knox High ApartmentsStudioStudio,1BA$1,450
Church and Henley ApartmentsSatinStudio,1BA$1,564

Best Value Apartments for Rent in Park City, TN

As of May 21, 2026 the best value apartment in the Park City area is the $2.06 price per square foot The Daniel - 413 Model at The Daniel in the in the Holston Hills neighborhood starting from $3,200. The second greatest value Park City apartment is the 2-bedroom Model at Emporium Lofts starting at $1,900 with a $1.32 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Park City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The DanielThe Daniel - 4132BR,2BA$2.06
Emporium Lofts2-bedroom2BR,1BA$1.32
Ammons at Asheville Highway3 Bedroom 2 Bath3BR,2BA$1.34
The Shiloh Ridge Apartments2 Bed2BR,1BA$1.21
River’s Edge ApartmentsThe Holston1BR,1BA$2.13
Knox High ApartmentsOne Bedroom1BR,1BA$2.10
First Creek at Austin1 BR1BR,1BA$1.78
Forestdale Village1BD/1BA1BR,1BA$1.47
Sunset Rill Apartments1 BEDROOM1BR,1BA$1.57
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.73

Frequently Asked Questions about Cheap Park City Apartments

What is a cheap apartment in Park City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park City is under $1,564.

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

The cheapest apartment in Park City is Morningside Gardens Apartments which is listed at $945, while the average apartment in Park City costs $3,100.

What types of apartments are the cheapest in Park 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 46 regular apartments in Park 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 Park City?

Cheap apartments in Park City have an average cost of $1,214 which is $1,886 cheaper than the average rent for all rentals in Park 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 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.

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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.

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.