9528 Hausmond Way
HeiskellTN37754
Cheap Homes for Rent in Lake City, TN from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
172 W Wadsworth Cir
Oak RidgeTN37830
6485 Son Light Way
KnoxvilleTN37918
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.
180 Stone Henge Ln
JacksboroTN37757
9500 Hausmond Way
HeiskellTN37754
218 Fisk Ave
Oak RidgeTN37830
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.
Showing Results 1-6, Page 1 of 1
Lake City, TN Local Guide
Rocky Top City Hall by Brian Stansberry is licensed under CC BY-SA 3.0
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 | $1,657 | $1,050 | $2,195 |
| Lake City 3 Bedroom Homes for Rent | $1,857 | $450 | $2,350 |
| Lake City 4 Bedroom Homes for Rent | $2,100 | $1,700 | $2,500 |
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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 $844. 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 |
|---|---|---|---|
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $844 |
| Windsor Court Apartments | Edinboro | Studio,1BA | $879 |
| The Bunkers at Oak Ridge | One Bedroom - One Bath | 1BR,1BA | $990 |
Best Value Apartments for Rent in Lake City, TN and Nearby
As of April 12, 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 $2,102 with a $1.52 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 | $1.52 |
| Legacy Pointe | Smokey | 2BR,2BA | $1.36 |
| Emory Cove | 2 Bedroom 2 Bath-Emory Cove | 2BR,2BA | $1.39 |
| Secret City Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.27 |
| Rand 938 Townhomes | Merissa Way Duplex | 2BR,1.5BA | $1.44 |
| Views at Elm Grove | 2 Bedroom | 2BR,1BA | $1.39 |
| Teller Village Apartments | 2 Bedroom | 2BR,2BA | $1.20 |
| Woodbury Crossing | 2 A Floor Plan | 2BR,1BA | $1.21 |
| Royce Hill- Income Restrictions Apply | One Bedroom | 1BR,1BA | $1.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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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 50 Apartments for Rent in Lake City, TN with pricing that ranges from $767 to $3,305. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $450 to $2,500.
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 $2,500 with an average monthly rent of $1,703.
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 $3,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $450 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,239.
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
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.