Cheap Apartments for Rent in Lenoir City, TN from $600 (41 Rentals)

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

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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Emerson Park
2 Bedroom Apartments

Emerson Park

1400 Pine Top StLenoir City, TN 37772

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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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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Greystone Summit Knoxville
Rent Specials
$1,550 - $2,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,610
Total Monthly Price
$1,550 - $2,610
1 to 3 Bedroom Apartments Available Now

Greystone Summit Knoxville

2531 Oleander WayKnoxville, TN 37931
Corporate Housing
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  • 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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lenoir City, TN Local Guide

Cheapest Available Lenoir City Apartments for Rent

 

The cheapest available apartment rental in Lenoir City, TN is a Studio unit found at Element at Cedar Bluff in the West Knoxville neighborhood priced from $1,019. Waters Edge Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Lenoir City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Element at Cedar BluffStudioStudio,1BA$1,019
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1,025
Kenridge ApartmentsA11BR,1BA$1,099
Teller Village Apartments2 Bedroom2BR,2BA$1,177
The Oaks Apartments1BR/1.0BA1BR,1BA$1,195
Vintage Creekwood Park ApartmentsSmoky Mountain1BR,1BA$1,369
Authentix Town Creek1 BR Premier Retreat Overlook1BR,1BA$1,396
Mountain View1 Bedroom1BR,1BA$1,408
Universal at Town Creek1 Bedroom First Level - 760sf1BR,1BA$1,409
The Station at Lenoir CityJuniper1BR,1BA$1,460

Best Value Apartments for Rent in Lenoir City, TN

As of June 11, 2026 the best value apartment in the Lenoir City area is the $1.40 price per square foot Wellington with Sunroom Model at Greystone Pointe in the in the West Knoxville neighborhood starting from $2,396. The second greatest value Lenoir City apartment is the The Rocky Top Sunroom Model at Greystone Summit Knoxville starting at $2,335 with a $1.41 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Lenoir City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Greystone PointeWellington with Sunroom3BR,2BA$1.40
Greystone Summit KnoxvilleThe Rocky Top Sunroom3BR,2BA$1.41
Greystone Vista Apartment HomesPicturesque-D3BR,2BA$1.45
Residences at DevanshireSingle Family Home Three Bedroom Two Bath3BR,2BA$1.35
The Retreat at KnoxvilleThe Abbington2BR,2BA$1.48
The Enclave of Hardin Valley ApartmentsC3BR,2BA$1.31
Lovell Crossing Apartments2x2 11102BR,2BA$1.50
Teller Village Apartments2 Bedroom2BR,2BA$1.27
The Oaks Apartments1BR/1.0BA1BR,1BA$1.49
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1.37

Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.

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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.

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Real 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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Quick 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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Best Local Schools in
Lenoir City, TN

School data provided by Great Schools

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

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Lenoir City, TN Area Reviews

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Dorothy • 4+ years in Lenoir City

February 25, 2025

Perfect for families with kids that enjoy sports. There is rec football, baseball, basketball, soccer, cheerleading, etc…. for the youngsters. Theres also golf courses to enjoy. The best things about living here are the lakes to enjoy swimming, boating, camping, waterskiing, or just kicking it on a float in the summertime. The humidity is a bit much in the summer but it is worth it. We have the most beautiful sunsets any time of the year.

Frequently Asked Questions about Cheap Lenoir City Apartments

What is the Cheapest Studio apartment in Lenoir City?

Currently the most affordable Cheap Studio Apartment in Lenoir City is at Element at Cedar Bluff listed at $1,019.

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

The lowest price for a Cheap One Bedroom Lenoir City Apartment is $1,025 at Waters Edge Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lenoir City is starting from $1,177 at Teller Village Apartments.

What is the most affordable Lenoir City Three Bedroom Apartment?

The best deal on a cheap Lenoir City Three Bedroom Apartment rental is at Teller Village Apartments and starts from $1,334.

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

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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.

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Welcome to Knoxville: A Local Experts Guide to Renting in the Heart of Tennessee

Written by: Wendy Melton

Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.