Cheap Apartments for Rent in Lake City, TN from $700 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake City.

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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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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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Woodbury Crossing
3 Bedroom Apartments

Woodbury Crossing

7343 Lawgiver CirCorryton, TN 37721
Showing Results 1-27, Page 1 of 1

Lake City, TN Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, TN is a 1 Bed unit found at The Bunkers at Oak Ridge priced from $900. Altitude @ 6313 in the West Knoxville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Bunkers at Oak RidgeOne Bedroom - One Bath1BR,1BA$900
Altitude @ 6313Studio Elevation 3000Studio,1BA$999
Woodbury Crossing3 B Floor Plan3BR,2BA$1,131
Teller Village Apartments2 Bedroom2BR,2BA$1,142
Steeplechase Apartment HomesA2 - 1 Bedroom, 1 Bathroom1BR,1BA$1,149
Creek Ridge ApartmentsWren2BR,1BA$1,175
Ridgedale Townhomes1BR1BR,1BA$1,250
Rand StocktonStockton 2 Br2BR,1BA$1,275
Kinley LoftsA21BR,1BA$1,299
Forest Ridge ApartmentsThe Autumnwood2BR,1BA$1,349

Best Value Apartments for Rent in Lake City, TN and Nearby

As of June 11, 2025 the best value apartment in the Lake City area is the $1.42 price per square foot Mitchell Model at The Summit Townhomes in the starting from $2,202. The second greatest value Lake City apartment is the Snowmass Premium Model at Snowmass starting at $2,095 with a $1.44 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Summit TownhomesMitchell4BR,2.5BA$1.42
SnowmassSnowmass Premium3BR,2.5BA$1.44
Woodbury Crossing3 B Floor Plan3BR,2BA$1.01
The Flats at Jackson SquareOne Bedroom Loft1BR,1BA$1.45
Rand 9382 Bed 1.5 Bath2BR,1.5BA$1.44
Kinley LoftsB32BR,1.5BA$1.60
Teller Village Apartments2 Bedroom2BR,2BA$1.23
Canyon & Knox LandingCanyon B1-D2BR,1BA$1.57
Rand StocktonStockton 2 Br2BR,1BA$1.50
Creek Ridge ApartmentsWren2BR,1BA$1.38

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake City, TN Rentals by Map

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See the most popular apartments and homes in Lake City, TN

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Getting Around Lake City, TN

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at Altitude @ 6313 listed at $999.

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $900 at The Bunkers at Oak Ridge.

What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $1,142 at Teller Village Apartments.

What is the most affordable Lake City Three Bedroom Apartment?

The best deal on a cheap Lake City Three Bedroom Apartment rental is at Woodbury Crossing and starts from $1,131.

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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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.