Cheap Apartments for Rent in Knoxville, IA from $400 (14 Rentals)

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

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Madison Heights
1 to 3 Bedroom Apartments

Madison Heights

2000 W Madison StKnoxville, IA 50138
  • Utilities Included
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Villas at Fox Pointe
3 Bedroom Apartments

Villas at Fox Pointe

1801 Madelyn DrKnoxville, IA 50138
  • Utilities Included

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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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included
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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
  • Utilities Included

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, IA Local Guide

Cheapest Available Knoxville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knoxville, IA is a 1 Bed unit found at Hunters Run priced from $550. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $649. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunA11BR,1BA$550
Foxwood ApartmentsB22BR,1BA$649
Woodland Heights1 Bed 1 Bath1BR,1BA$685
Hotel Maytag Apartments2 bedroom A2BR,1BA$705
East Park Apartments1/2 Story Down2BR,1BA$750

Best Value Apartments for Rent in Knoxville, IA and Nearby

As of June 21, 2025 the best value apartment in the Knoxville area is the $0.91 price per square foot 3 Bedroom Model at The Meadows in the in the Somerset neighborhood starting from $950. The second greatest value Knoxville apartment is the 2 bedroom A Model at Hotel Maytag Apartments starting at $705 with a $0.75 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.
The Meadows3 Bedroom3BR,2BA$0.91
Hotel Maytag Apartments2 bedroom A2BR,1BA$0.75
Peterson Place Apartments772 BUILDING2BR,1BA$0.99
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.12
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Woodside Park Apartments2 Bed A2BR,1BA$1.05
Foxwood ApartmentsB12BR,1BA$0.88
Next Level Apartments - Deer RunB12BR,1BA$1.04
Hunters RunA21BR,1BA$0.86

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

Explore Knoxville, IA Rentals by Map

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Getting Around Knoxville, IA

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $550 at Hunters Run.

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 $649 at Foxwood Apartments.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at The Meadows and starts from $950.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.