Cheap Apartments for Rent in Knoxville, IL from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Knoxville.

PARKWAY ESTATES

Hollow Hills

Willow Knolls Apartments

Crescent Creek Apartments

Timberlane Apartments

Woods + Meadow Apartments
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.

Haymeadow Apartments

209 Chandler Blvd

525 S Lafayette St

204 Charleston Blvd

201 Charleston Blvd
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.

607 NE 3rd Ave

524 W Murray St

109 E Jackson St

3200 W Ann St

322 S Madison St

413 N Murphy Rd

407-407 SW 8th St

906 S 5th St
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.
Knoxville, IL Local Guide

How much does it cost to rent an apartment in Knoxville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Knoxville Studio Apartments | $768 | $700 | $903 |
Knoxville 1 Bedroom Apartments | $1,078 | $655 | $1,593 |
Knoxville 2 Bedroom Apartments | $1,320 | $525 | $2,259 |
Knoxville 3 Bedroom Apartments | $1,216 | $880 | $2,072 |
Browse Top Apartments in Knoxville
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Knoxville, IL Local Guide
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Cheapest Available Knoxville Apartments for Rent and Nearby
 The cheapest available apartment rental in Knoxville, IL is a 2 Beds unit found at Mayfair Manor priced from $525. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Knoxville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mayfair Manor | 2x1 | 2BR,1BA | $525 |
Hollow Hills | Studio | Studio,1BA | $700 |
Willow Knolls Apartments | Studio | Studio,1BA | $700 |
Crescent Creek Apartments | 1x1 | 1BR,1BA | $750 |
PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $760 |
Best Value Apartments for Rent in Knoxville, IL and Nearby
As of June 19, 2025 the best value apartment in the Knoxville area is the $1.14 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,550. The second greatest value Knoxville apartment is the 2 Beds, 2 baths Model at River Oaks Trails starting at $991 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.14 |
River Oaks Trails | 2 Beds, 2 baths | 2BR,2BA | $0.90 |
PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.81 |
Crescent Creek Apartments | 1x1 | 1BR,1BA | $0.88 |
Haymeadow Apartments | Farmstead | 2BR,1BA | $1.16 |
Brighton Woods | 1Bed1Bath | 1BR,1BA | $1.06 |
Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
104 S Park St, Unit 104 | 104 S Park St | 2BR,1BA | $1.04 |
Hollow Hills | Studio | Studio ,1BA | $1.08 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.19 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Knoxville, IL Rentals by Map
See the most popular apartments and homes in Knoxville, IL
Getting Around Knoxville, IL
Walk Score®
36 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Willow Knolls Apartments listed at $700.
How much is rent for a Cheap One Bedroom Knoxville Apartment?
The lowest price for a Cheap One Bedroom Knoxville Apartment is $750 at Crescent Creek 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 $525 at Mayfair Manor.
What is the most affordable Knoxville Three Bedroom Apartment?
The best deal on a cheap Knoxville Three Bedroom Apartment rental is at Hollow Hills and starts from $1,100.
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.

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.

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.

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.

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.