
Cheap Homes for Rent near Lake City, TN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.


180 Stone Henge Ln

221 W Fairview Rd

219 Highland Ave

4951 Hickory Valley Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4709 McCloud Rd

100 E Tennessee Ave, Unit 102

9529 Hausmond Way

9528 Hausmond Way

252-254 Highland Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3932 Andersonville Hwy
Lake City, TN Local Guide

How much does it cost to rent a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $1,681 | $1,200 | $2,050 |
| Lake City 3 Bedroom Homes for Rent | $1,909 | $1,300 | $2,568 |
| Lake City 4 Bedroom Homes for Rent | $2,800 | $2,400 | $3,200 |
| Lake City 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Lake City
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Lake City, TN Local Guide
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Cheapest Available Lake City Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake City, TN is a Studio unit found at Canyon and Knox Landing Apartments in the West Knoxville neighborhood priced from $849. Windsor Court Apartments in the West Knoxville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $879. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canyon and Knox Landing Apartments | Knox S1 | Studio,1BA | $849 |
| Windsor Court Apartments | Edinboro | Studio,1BA | $879 |
| Rolling Hills Apartment Homes | The Cumberland | 2BR,1BA | $900 |
| The Flats at Jackson Square | Studio | Studio,1BA | $965 |
| Woodbury Crossing | A2 | 2BR,1BA | $979 |
Best Value Apartments for Rent in Lake City, TN and Nearby
As of August 27, 2026 the best value apartment in the Lake City area is the $1.23 price per square foot The Sycamore Model at Poplar Creek in the in the Oak Ridge neighborhood starting from $2,295. The second greatest value Lake City apartment is the 2 Bedroom 2 Bath-Emory Cove Model at Emory Cove starting at $1,699 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poplar Creek | The Sycamore | 3BR,2.5BA | $1.23 |
| Emory Cove | 2 Bedroom 2 Bath-Emory Cove | 2BR,2BA | $1.48 |
| Secret City Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.34 |
| Bristol Park | Dawson | 2BR,2BA | $1.50 |
| Creek Ridge Apartments | Sparrow (Base Model) | 2BR,1BA | $1.20 |
| Teller Village Apartments | 2 Bedroom | 2BR,2BA | $1.27 |
| Rolling Hills Apartment Homes | The Cumberland | 2BR,1BA | $0.98 |
| Woodbury Crossing | A1 | 2BR,1BA | $1.21 |
| The Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.22 |
| Kinley Lofts | A2 | 1BR,1BA | $1.48 |
Don'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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 52 Apartments for Rent in Lake City, TN with pricing that ranges from $767 to $3,500. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $1,200 to $3,200.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $1,200 to $3,200 with an average monthly rent of $1,848.
How much are larger Three and Four Bedroom Rentals in Lake City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake City range from $1,122 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,568. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,386.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.