Cheapest Neighborhoods in Knoxville, TN
Some of the cheapest neighborhoods in Knoxville are Park City, Uptown Knoxville, and North Knoxville. These neighborhoods offer some of the lowest rent prices in Knoxville, making them ideal for renters on a budget. As of September 21, 2026, the average rent in Knoxville is $1,346, which is 0.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Park City
Average Rent
$1,080/Month
Year-Over-Year Rent Change
5.7%
Units Available
13 Rentals
Park City is an affordable neighborhood in Knoxville with an average rent price of $1,080. Compare this to the city average of $1,346. In the past year, rent prices have increased by 5.7%. Park City provides easy access to UT Knoxville, The Muse Knoxville, and Magnolia Spruce.
Uptown Knoxville
Average Rent
$1,158/Month
Year-Over-Year Rent Change
5.4%
Units Available
104 Rentals
Known for its central location, Uptown Knoxville is located between I-275 and North Broadway. The neighborhood is filled with historical and affordable housing options. Uptown Knoxville provides easy access to the Knoxville Museum of Art as well as a variety of shops, parks, and breweries.
North Knoxville
Average Rent
$1,450/Month
Year-Over-Year Rent Change
1%
Units Available
340 Rentals
North Knoxville's historic charm is matched by budget-friendly rental options. The neighborhood is a stone's throw from Happy Holler, known for its quirky shops and unique dining experiences. Head to Old North Knoxville and enjoy the historic mansions and shady streets. Walking trails in Sharp's Ridge Memorial Park provide scenic escapes.
West Knoxville
Average Rent
$1,450/Month
Year-Over-Year Rent Change
0.2%
Units Available
490 Rentals
West Knoxville is a beautiful neighborhood with scenic mountain views. Residents enjoy easy access to some of Knoxville’s favorite destinations, such as Turkey Creek shopping district. Nearby parks like Westview Park provide outdoor recreation like hiking and picnicking.
Cavet's Station
Average Rent
$1,513/Month
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in Knoxville, Cavet's Station might be the perfect place! It has an average rent price of $1,513, while the city’s average stands at $1,346. Cavet's Station is near Park Place, Maloney Road Park, and Pellissippi State, Hardin.
Fort Sanders
Average Rent
$1,526/Month
Year-Over-Year Rent Change
4.2%
Units Available
111 Rentals
Nestled adjacent to the University of Tennessee, Fort Sanders offers a mix of historic architecture and budget-friendly rentals. Just a short stroll from World’s Fair Park, residents can enjoy outdoor recreation and cultural events. With its proximity to downtown, it's easy to explore Market Square's dining and entertainment options.
Marble City
Average Rent
$1,538/Month
Year-Over-Year Rent Change
5%
Units Available
45 Rentals
Located near the Tennessee River, Marble City is home to several parks, including Third Creek Greenway Park and John Tarleton Park. Affordable apartments and 19th-century mansions line the tree-shaded streets, creating a picturesque atmosphere. Marble City is known for its fantastic dining scene, with restaurants serving everything from BBQ to Ethiopian.
Morningside
Average Rent
$1,569/Month
Year-Over-Year Rent Change
1.2%
Units Available
13 Rentals
Morningside offers a quiet residential atmosphere with easy access to its namesake park, as well as the Tennessee River, the Morningside Greenway, and the James White Greenway. The neighborhood enjoys proximity to the Knoxville Botanical Garden and Arboretum.
Belle Morris
Average Rent
$1,588/Month
Units Available
12 Rentals
Belle Morris is a top choice for budget-conscious renters for a variety of reasons. The average rent in Belle Morris is $1,588 while the city average is $1,346. Residents enjoy convenient access to Pellissippi State, Magnolia, Broadway Shopping Center, and The Muse Knoxville.
Old North Knoxville
Average Rent
$1,588/Month
Units Available
12 Rentals
When you’re looking for a great Knoxville neighborhood on a budget, check out Old North Knoxville. The average rent is $1,588, compared to the city average of $1,346. Old North Knoxville is convenient to Three Rivers Rambler, Lincoln Memorial University, and The Muse Knoxville.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.