11 Cheapest Places to Rent in the United States

7) Knoxville, Tennessee

The one-bedroom apartment was a particularly good deal in Knoxville, with a median rental cost of $600 per month. A two-bedroom was substantially more at $800. A single-family home, however, was a reasonable $950. The city ranked 61st on U.S. News & World Report’s “Best Places to Live,” with affordability and proximity to many appealing destinations. Highways connect it directly to Atlanta and Chattanooga, and both the Great Smoky Mountains National Park and Cumberland Gap National Historical Park are within 90 minutes. Downtown is full of eclectic shops and the University of Tennessee gives the city a young vibe and a strong love of college football. The average annual salary is lower than the national average, but so is the unemployment rate. Oak Ridge National Laboratory is a major employer, as is the healthcare industry.

 
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