Cheap Apartments for Rent near Knoxville, AL from $400 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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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Showing Results 1-39, 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. Rain Tree Estates in the Greene County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. 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
Rain Tree Estates2 Bed/ 2 Bath2BR,2BA$725
Creekwood Village Apartments1x11BR,1BA$800
Riverbend Residences1x11BR,1BA$809
The Links at TuscaloosaClassic Deluxe II1BR,1BA$825
Skyland PointeBryant - 1 Bed/1 Bath1BR,1BA$869
Bent Tree Apartment HomesOne Bed - One Bath1BR,1BA$879
High Country Apartments1Bed - 1Bath1BR,1BA$895
Aspen Village Apartment Homes1 Bedroom 1 Bath Aspen Village Mountain Brook1BR,1BA$899
The Greens at Tuscaloosa I/IICustom Deluxe III1BR,1BA$925

Best Value Apartments for Rent in Knoxville, AL and Nearby

As of July 26, 2026 the best value apartment in the Knoxville area is the $0.51 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $925. The second greatest value Knoxville apartment is the 2 BR 1 BA DPLX Model at Dogwood Lane Apartments starting at $1,049 with a $0.95 price per square foot in the Skyland McFarland 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.
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Dogwood Lane Apartments2 BR 1 BA DPLX2BR,1BA$0.95
Hallmark at Garden ParkwayTwo Bedroom2BR,2BA$1.03
Rain Tree Estates3 Bed/ 2 Bath3BR,2BA$0.81
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$1.05
Canterbury Apartment HomesTwo Bed - One and Half Bath2BR,1.5BA$1.07
The GlensTwo Bedroom2BR,2BA$1.14
Inverness ApartmentsBerwyck1BR,1BA$1.18
Riverfront VillageTide - Premium2BR,2BA$1.10
Creekwood Village Apartments1x11BR,1BA$1.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

Explore Knoxville, AL Rentals by Map

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Frequently Asked Questions about Cheap Knoxville Apartments

What is the Cheapest Studio apartment in Knoxville?

Currently the most affordable Cheap Studio Apartment in Knoxville is at Flex Studio Apartments listed at $495.

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

The lowest price for a Cheap One Bedroom Knoxville Apartment is $800 at Creekwood Village 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 $725 at Rain Tree Estates.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at Rain Tree Estates and starts from $849.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.