
Cheap Apartments for Rent in Knox County, IN from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Knox County.


1004 Seminary St

217 N 10th St

Lafayette Circle

516 Perry St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

818 Broadway St

1201 Nicholas St

304 Shelby St

Campus East Apartments

221 N 6th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Fairview Apartments

Pleasant View of Bicknell

Ivy lane Apartments

Brockwood Townhouses

Maple Park
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Knox County, IN Local Guide

How much does it cost to rent an apartment in Knox County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Knox County 1 Bedroom Apartments | $700 | $700 | $700 |
| Knox County 2 Bedroom Apartments | $995 | $900 | $1,250 |
| Knox County 3 Bedroom Apartments | $1,100 | $1,100 | $1,100 |
Browse Apartments in Knox County
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Cheapest Available Knox County Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wabash Riverfront Flats | 2BR/1.0BA | 2BR,1BA | $995 |
Best Value Apartments for Rent in Knox County, IN
As of May 27, 2026 the best value apartment in the Knox County area is the $1.63 price per square foot 2BR/1.0BA Model at Wabash Riverfront Flats in the starting from $995. The second greatest value Knox County apartment is the 2575 N Old Highway 41 Model at 2575 N Old Highway 41 starting at $975 with a $6.50 price per square foot . Here is today’s list of the best values for Knox County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wabash Riverfront Flats | 2BR/1.0BA | 2BR,1BA | $1.63 |
| 2575 N Old Highway 41 | 2575 N Old Highway 41 | 2BR,1.5BA | $6.50 |
| 141 Daleview Dr | 141 Daleview Dr | 1BR,1BA | $7.00 |
Frequently Asked Questions about Cheap Knox County Apartments
What types of apartments are the cheapest in Knox County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Knox County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.