Cheap Apartments for Rent in Lake City, TN from $700 (15 Rentals)

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Cheap Apartments in Lake City.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Lake City, TN Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, TN is a 2 Beds unit found at Teller Village Apartments priced from $1,029. Creek Ridge Apartments in the West Knoxville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Teller Village Apartments2 Bedroom2BR,2BA$1,029
Creek Ridge ApartmentsCardinal1BR,1BA$1,050
Canyon & Knox LandingCanyon A1-D1BR,1BA$1,089
Altitude @ 6313Studio Elevation 3000Studio,1BA$1,099
Steeplechase Apartment HomesA1 - 1 Bedroom, 1 Bathroom1BR,1BA$1,166

Best Value Apartments for Rent in Lake City, TN and Nearby

As of May 05, 2025 the best value apartment in the Lake City area is the $1.42 price per square foot Altamont Model at The Summit Townhomes in the starting from $1,956. The second greatest value Lake City apartment is the B3SR Model at Vintage at Emory Road Apartments starting at $1,899 with a $1.60 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Summit TownhomesAltamont3BR,2.5BA$1.42
Vintage at Emory Road ApartmentsB3SR2BR,2BA$1.60
Rand 9382 Bed 1.5 Bath2BR,1.5BA$1.44
Forest Ridge ApartmentsThe Aspen2BR,1.5BA$1.57
The Bunkers at Oak RidgeTwo Bedroom / One Bath TH2BR,1BA$1.11
Teller Village Apartments2 Bedroom2BR,2BA$1.11
Rand StocktonStockton 2 Br2BR,1BA$1.50
Ridgedale Townhomes1BR1BR,1BA$1.61
Windsor CourtOxford2BR,1BA$1.56
Creek Ridge ApartmentsCardinal1BR,1BA$1.62

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

Explore Lake City, TN Rentals by Map

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See the most popular apartments and homes in Lake City, TN

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Getting Around Lake City, TN

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at Altitude @ 6313 listed at $1,099.

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

The lowest price for a Cheap One Bedroom Lake City Apartment is $1,050 at Creek Ridge Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $1,029 at Teller Village Apartments.

What is the most affordable Lake City Three Bedroom Apartment?

The best deal on a cheap Lake City Three Bedroom Apartment rental is at Steeplechase Apartment Homes and starts from $1,784.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.