
Cheap Homes for Rent in Lake City, TN from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.


9529 Hausmond Way

117 Nesper Rd
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.

102 Walnut Ln

162 Stone Henge Ln

120 Arcadia Ln
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.

2900 Colt Dr NE
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 | $1,416 | $450 | $1,800 |
| Lake City 3 Bedroom Homes for Rent | $2,058 | $1,700 | $3,200 |
| Lake City 4 Bedroom Homes for Rent | $2,850 | $2,650 | $3,200 |
| Lake City 5 Bedroom Homes for Rent | $2,895 | $2,895 | $2,895 |
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 1 Bed unit found at Royce Hill- Income Restrictions Apply priced from $854. Rolling Hills Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $870. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $854 |
| Rolling Hills Apartment Homes | The Windrock | 2BR,1BA | $870 |
| Windsor Court Apartments | Edinboro | Studio,1BA | $887 |
Best Value Apartments for Rent in Lake City, TN and Nearby
As of January 10, 2026 the best value apartment in the Lake City area is the $1.39 price per square foot The Sycamore Model at Poplar Creek in the starting from $2,595. The second greatest value Lake City apartment is the Altamont Model at The Summit Townhomes starting at $2,058 with a $1.49 price per square foot . 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 | $1.39 |
| The Summit Townhomes | Altamont | 3BR,2.5BA | $1.49 |
| Woodbury Crossing | 3 B Floor Plan | 3BR,2BA | $1.13 |
| Secret City Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.30 |
| Rand 938 Townhomes | Gallery Way Duplex | 2BR,1.5BA | $1.44 |
| British Woods | The Windsor | 2BR,2BA | $1.48 |
| Coal Creek Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.00 |
| Teller Village Apartments | 2 Bedroom | 2BR,2BA | $1.20 |
| Rolling Hills Apartment Homes | The Cumberland | 2BR,1BA | $0.98 |
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $1.14 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake City, TN Rentals by Map
See the most popular apartments and homes in Lake City, TN
Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 48 Apartments for Rent in Lake City, TN with pricing that ranges from $767 to $4,380. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $450 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 $450 to $3,200 with an average monthly rent of $1,794.
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 $1,099 to $4,380, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,172.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!