Cheap Apartments for Rent in Knox County, TN from $400 (138 Rentals)

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Search the lowest-cost Apartments available for rent right now in Knox County.

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.

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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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cheapest Available Knox County Apartments for Rent

 

The cheapest available apartment rental in Knox County, TN is a 2 Beds unit found at Tradition Knoxville in the West Knoxville neighborhood priced from $799. Society 865 in the West Knoxville neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here is today’s list of the most affordable Knox County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tradition KnoxvilleSpence2BR,1BA$799
Society 8653SA - Sigma3BR,2BA$799
5611 Lon Roberts Dr1 Beds, 1 Baths1BR,1BA$800
4308 Bounds RdApt H1BR,1BA$875
Canyon and Knox Landing ApartmentsKnox S1Studio,1BA$879
16th Place ApartmentsOne Bedroom1BR,1BA$880
The District Knoxville1x1-Poplar1BR,1BA$890
Evergreen TerraceOne Bedroom remodel1BR,1BA$900
Oakview Apartments1-bedroom1BR,1BA$920
Commons at KnoxvilleD1 Renovated4BR,2BA$935

Best Value Apartments for Rent in Knox County, TN

As of June 16, 2026 the best value apartment in the Knox County area is the $0.33 price per square foot 5 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $1,019. The second greatest value Knox County apartment is the 2x2.5 Model at The Villas at Londontown starting at $1,415 with a $1.00 price per square foot in the West Hills neighborhood. Here is today’s list of the best values for Knox County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Knox Ridge5 Bedroom Townhouse5BR,5BA$0.33
The Villas at Londontown2x2.52BR,2.5BA$1.00
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.72
Oak Crest ApartmentsTwo Bedroom2BR,2BA$0.83
Red Bud Apartments2Bd/1Ba2BR,1BA$1.00
Slate at 9014x2B4BR,2BA$0.93
Willow Creek Apartments1x11BR,1BA$0.99
Tiffany Square2 Bedroom2BR,1.5BA$1.08
White Oak CrossingTwo Bedroom2BR,2BA$1.08
Tradition KnoxvilleSpence2BR,1BA$1.07

Frequently Asked Questions about Cheap Knox County Apartments

What is a cheap apartment in Knox County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Knox County is under $935.

What is the price of a cheap apartment in Knox County?

The cheapest apartment in Knox County is 5611 Lon Roberts Dr which is listed at $800, while the average apartment in Knox County costs $1,947.

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 416 regular apartments in Knox County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Knox County?

Cheap apartments in Knox County have an average cost of $771 which is $1,176 cheaper than the average rent for all rentals in Knox County.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.