Most Affordable Neighborhoods in Knoxville, TN
Some of the cheapest neighborhoods in Knoxville are Uptown Knoxville, Marble City, and Park City. These neighborhoods offer some of the lowest rent prices in Knoxville, making them ideal for renters on a budget. As of March 25, 2025, the average rent in Knoxville is $1,312, which is 0.4% 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.
Uptown Knoxville
Average Rent
$1,359/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
31/100
Units Available
80 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.
Marble City
Average Rent
$1,374/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
30/100
Units Available
32 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.
Park City
Average Rent
$1,378/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
35/100
Units Available
3 Rentals
If you’re looking for a great, affordable neighborhood in Knoxville, Park City might be the perfect place! It has an average rent price of $1,378, while the city’s average stands at $1,312. In the last year, prices have increased by 1.2%. Park City is near Harvest Plaza, Ijams Nature Center, and Pellissippi State, Magnolia.
Belle Morris
Average Rent
$1,393/Month
TransitScore® Rating
31/100
Units Available
7 Rentals
Belle Morris is a top choice for budget-conscious renters for a variety of reasons. The average rent in Belle Morris is $1,393 while the city average is $1,312. Residents enjoy convenient access to Broadway Shopping Center, Bi-Lo Shopping Center, and Knoxville Botanical Garden & Arboretum. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
Fort Sanders
Average Rent
$1,469/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
45/100
Units Available
18 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
When you’re looking for a great Knoxville neighborhood on a budget, check out Old North Knoxville. The average rent is $1,478, compared to the city average of $1,312. Old North Knoxville is convenient to Knoxville Botanical Garden & Arboretum, Pellissippi State, Division St, and Magnolia Shopping Center. The community is walkable with a WalkScore® of 74.
Oakwood
Average Rent
$1,495/Month
TransitScore® Rating
33/100
Units Available
1 Rentals
Oakwood is an affordable neighborhood in Knoxville with an average rent price of $1,495. Compare this to the city average of $1,312. Oakwood provides easy access to The Muse Knoxville, McGhee Tyson, and Lincoln Memorial University. It’s a somewhat walkable neighborhood with a WalkScore® of 66.
West Knoxville
Average Rent
$1,519/Month
Year-Over-Year Rent Change
0.5%
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
$1,709/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
25/100
Units Available
308 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.
Ready to make your move to Knoxville? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.