Cheap Apartments for Rent near Midtown, TN from $870 (27 Rentals)

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

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.

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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.

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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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property at 405 N High St
$575 - $650
Studio To 1 Bedroom Rentals
Available Now

405 N High St

SweetwaterTN37874
property at 505 Chestnut St
$760
1 Bedroom Rentals
Available Oct 1
Furnished

505 Chestnut St

SweetwaterTN37874

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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Showing Results 1-27, Page 1 of 1

Midtown, TN Local Guide

Cheapest Available Midtown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Midtown, TN is a Studio unit found at The Flats at Jackson Square in the Oak Ridge neighborhood priced from $900. Peaks of Loudon in the Loudon County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $947. Here is today’s list of the most affordable Midtown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flats at Jackson SquareReg Price $965 Move in Special of $900 if you ...Studio, 1BA$900
Peaks of LoudonTwo Bedroom2BR, 2BA$947
College GroveTwo Bedroom2BR, 1BA$985
Town Creek VillageTwo Bedroom2BR, 2BA$1,025
Hillview Terrace Apartments2-bedrom2BR, 1BA$1,050
Kenridge ApartmentsA11BR, 1BA$1,099
Teller Village Apartments2 Bedroom2BR, 2BA$1,177
The Oaks Apartments1BR/1.0BA1BR, 1BA$1,195
Waters Edge Apartment HomesTwo Bedroom2BR, 1BA$1,225
Authentix Town CreekStudio Premier Retreat OverlookStudio, 1BA$1,269

Best Value Apartments for Rent in Midtown, TN and Nearby

As of September 22, 2026 the best value apartment in the Midtown area is the $1.23 price per square foot The Sycamore Model at Poplar Creek in the Oak Ridge neighborhood starting from $2,295. The second greatest value Midtown apartment is the 3 Bedroom, 2.5BA Townhome Model at Universal at Town Creek in the Loudon County neighborhood starting at $1,849 with a $1.28 price per square foot. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Poplar CreekThe Sycamore3BR, 2.5BA$1.23
Universal at Town Creek3 Bedroom, 2.5BA Townhome3BR, 2.5BA$1.28
Vintage Creekwood Park ApartmentsGrand Teton3BR, 2BA$1.45
The Pointe at Loudon2 Bed / 2.5 Bath reno2BR, 2.5BA$1.35
Waters Edge Apartment HomesTwo Bedroom2BR, 1BA$1.11
Secret City Apartments2 Bed 2 Bath2BR, 2BA$1.34
Peaks of LoudonTwo Bedroom2BR, 2BA$0.87
Town Creek VillageTwo Bedroom2BR, 2BA$0.96
Hillview Terrace Apartments2-bedrom2BR, 1BA$1.05
Teller Village Apartments2 Bedroom2BR, 2BA$1.27

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

Explore Midtown, TN Rentals by Map

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Frequently Asked Questions about Cheap Midtown Apartments

What is the Cheapest Studio apartment in Midtown?

Currently the most affordable Cheap Studio Apartment in Midtown is at The Flats at Jackson Square listed at $900.

How much is rent for a Cheap One Bedroom Midtown Apartment?

The lowest price for a Cheap One Bedroom Midtown Apartment is $1,099 at Kenridge Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $947 at Peaks of Loudon.

What is the most affordable Midtown Three Bedroom Apartment?

The best deal on a cheap Midtown Three Bedroom Apartment rental is at Peaks of Loudon and starts from $1,073.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.