Cheap Apartments for Rent in Knoxville, AL from $400 (44 Rentals)

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

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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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-44, 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 Cobblestone Court in the University of Alabama neighborhood priced from $630. Riverbend Residences in the Skyland McFarland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cobblestone CourtHardwood LVT Flooring UnitStudio,1BA$630
Riverbend Residences1x11BR,1BA$700
Rain Tree Estates2 Bed/ 2 Bath2BR,2BA$725
Forest Lake ApartmentsSmall One BR1BR,1BA$750
Creekwood Village Apartments1x11BR,1BA$800
The Greens at Tuscaloosa I/IIClassic Deluxe II1BR,1BA$825
The Links at TuscaloosaClassic Deluxe II1BR,1BA$825
Magnolia PlaceMagnolia Place 1 Beds x 1 Bath1BR,1BA$839
High Country ApartmentsTwo Bed One Bath2BR,1BA$860
Skyland PointeBryant - 1 Bed/1 Bath1BR,1BA$869

Best Value Apartments for Rent in Knoxville, AL and Nearby

As of April 26, 2026 the best value apartment in the Knoxville area is the $0.72 price per square foot E1 Model at My House on 13th in the in the University of Alabama neighborhood starting from $1,450. 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$0.72
Metalworks CondosMetalworks Condo3BR,4BA$0.51
Inverness ApartmentsSutherland3BR,2BA$1.01
Union Tuscaloosa4x4 Large4BR,4BA$0.99
Dogwood Lane Apartments2 BR 1 BA DPLX2BR,1BA$1.00
Rain Tree Estates3 Bed/ 2 Bath3BR,2BA$0.81
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
Winding CreekTwo Bedroom2BR,2BA$1.05
Canterbury Apartment HomesTwo Bed - One and Half Bath2BR,1.5BA$1.07
Creekwood Village Apartments1x11BR,1BA$1.01

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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

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

The lowest price for a Cheap One Bedroom Knoxville Apartment is $700 at Riverbend Residences.

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

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.