Most Affordable Neighborhoods in Knoxville, TN

Some of the cheapest neighborhoods in Knoxville are Marble City, Uptown Knoxville, and Belle Morris. These neighborhoods offer some of the lowest rent prices in Knoxville, making them ideal for renters on a budget. As of March 16, 2025, the average rent in Knoxville is $1,311, which is 0.3% 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.

Marble City

Average Rent

$1,370/Month

Year-Over-Year Rent Change

3.1%

TransitScore® Rating

30/100

Units Available

30 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.

Uptown Knoxville

Average Rent

$1,382/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

31/100

Units Available

78 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.

Belle Morris

Average Rent

$1,393/Month

TransitScore® Rating

31/100

Units Available

7 Rentals

Belle Morris is an affordable neighborhood in Knoxville with an average rent price of $1,393. Compare this to the city average of $1,311. Belle Morris provides easy access to McGhee Tyson, Broadway Shopping Center, and Lincoln Memorial University. It’s a somewhat walkable neighborhood with a WalkScore® of 62.

Fort Sanders

Average Rent

$1,457/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

45/100

Units Available

20 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.

Old North Knoxville

Average Rent

$1,478/Month

TransitScore® Rating

36/100

Units Available

7 Rentals

If you’re looking for a great, affordable neighborhood in Knoxville, Old North Knoxville might be the perfect place! It has an average rent price of $1,478, while the city’s average stands at $1,311. Old North Knoxville is near Frank H. McClung Museum, The Muse Knoxville, and Knoxville Zoo.

Oakwood

Average Rent

$1,495/Month

TransitScore® Rating

33/100

Units Available

1 Rentals

Oakwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oakwood is $1,495 while the city average is $1,311. Residents enjoy convenient access to Broadway Shopping Center, Lincoln Memorial University, and Three Rivers Rambler. The neighborhood is considered somewhat walkable with a WalkScore® of 66.

West Knoxville

Average Rent

$1,531/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

18/100

Units Available

346 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.

Morningside

Average Rent

$1,630/Month

Year-Over-Year Rent Change

6.6%

TransitScore® Rating

43/100

Units Available

42 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.

North Knoxville

Average Rent

$1,712/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

32/100

Units Available

307 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.

Old Sevier

Average Rent

$1,786/Month

Year-Over-Year Rent Change

4.4%

TransitScore® Rating

48/100

Units Available

54 Rentals

When you’re looking for a great Knoxville neighborhood on a budget, check out Old Sevier. The average rent is $1,786, compared to the city average of $1,311. Rent prices have decreased by 4.4%. Old Sevier is convenient to Parkway Shopping Center, Knoxville Botanical Garden & Arboretum, and UT Knoxville. The community is somewhat walkable with a WalkScore® of 53.

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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.