Cheap Apartments for Rent in Knoxville, AL from $400 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-10, Page 1 of 1

Knoxville, AL Local Guide

Cheapest Available Knoxville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knoxville, AL is a Studio unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Forest Lake Apartments in the West Tuscaloosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flex Studio Apartments1BR/1.0BAStudio,1BA$495
Forest Lake ApartmentsSmall One BR1BR,1BA$699
The Oakley1x11BR,1BA$700

Best Value Apartments for Rent in Knoxville, AL and Nearby

As of November 14, 2025 the best value apartment in the Knoxville area is the $0.75 price per square foot E1 Model at My House on 13th in the in the University of Alabama neighborhood starting from $1,515. The second greatest value Knoxville apartment is the Metalworks Condo Model at Metalworks Condos starting at $925 with a $0.51 price per square foot in the Northport North of River neighborhood. Here is today’s list of the best values for Knoxville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
My House on 13thE15BR,5BA$0.75
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Union Tuscaloosa5x5 Penthouse5BR,5BA$0.91
Magnolia, A Prosper Community3x3 Flat3BR,3BA$1.05
Hallmark at Garden ParkwayThree Bedroom3BR,2BA$1.00
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
High Country Apartments2Bed - 1Bath2BR,1BA$0.99
Canterbury Apartment HomesTwo Bed - One and Half Bath2BR,1.5BA$1.03
Valley Square Apartments1 BR 1 BA1BR,1BA$1.02
The Oakley1x11BR,1BA$1.13

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Knoxville, AL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Knoxville, AL

View Map
Knoxville, AL Apartments Map
View Map
Knoxville, AL Rental Homes Map

Frequently Asked Questions about Cheap Knoxville Apartments

How much is rent for a Cheap One Bedroom Knoxville Apartment?

The lowest price for a Cheap One Bedroom Knoxville Apartment is $699 at Forest Lake Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Knoxville is starting from $900 at Copper Creek.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at Winding Creek and starts from $1,148.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.