Cheap Apartments for Rent in Knoxville, AR from $300 (37 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.

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.

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.

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.

Knoxville, AR Local Guide

Cheapest Available Knoxville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knoxville, AR is a 3 Beds unit found at Parklane Apartments priced from $25. River Valley Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $375. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parklane Apartments3 Bed 1 Bath3BR,1BA$25
River Valley FlatsOne Bedroom w/Private Bathroom in 4BR Flat1BR,1BA$375
Cumberland Square Apartments1BR/1BA1BR,1BA$650
Shadow LakeStandard1BR,1BA$695
Woodbrook Apartments I & II1 bedroom1BR,1BA$695
Spring Lake I/IIStandard Phase I1BR,1BA$725
Remington Apartments2x22BR,2BA$800
Urban Loft Co.Unit 31BR,1BA$999

Best Value Apartments for Rent in Knoxville, AR and Nearby

As of April 12, 2026 the best value apartment in the Knoxville area is the $0.91 price per square foot 3109 W 2nd Ct Model at 3109 W 2nd Ct, Unit 3109 W 2nd Court Apt. B in the starting from $1,025. The second greatest value Knoxville apartment is the 1073 N Erie Ave Model at 1073 N Erie Ave starting at $900 with a $0.90 price per square foot . 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.
3109 W 2nd Ct, Unit 3109 W 2nd Court Apt. B3109 W 2nd Ct2BR,2BA$0.91
1073 N Erie Ave1073 N Erie Ave2BR,2BA$0.90
503 N Knoxville Ave, Unit 503503 N Knoxville Ave2BR,2BA$0.94
Remington Apartments2x22BR,2BA$0.85
Parklane Apartments2 Bed 1 Bath2BR,1BA$0.03
Cumberland Square Apartments1BR/1BA1BR,1BA$1.03
Woodbrook Apartments I & II1 bedroom1BR,1BA$1.16
Spring Lake I/IIClassic Phase I1BR,1BA$1.38
Shadow LakeStandard1BR,1BA$1.34
River Valley FlatsOne Bedroom w/Private Bathroom in 4BR Flat1BR,1BA$1.54

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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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!

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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 $375 at River Valley Flats.

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 $25 at Parklane Apartments.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at Parklane Apartments and starts from $25.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.