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

Woods + Meadow Apartments

Willow Way

407-407 SW 8th St
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.

607 NE 3rd Ave

119 Vanburen Ct

1537 S Idaho St

518 W Murray St

807 NW 6th St

43 W North St

103 E 2nd St
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.

109 E Jackson St

1003 6th St

265 Duffield Ave

1001 6th St

728 N Idaho St

305 N Pleasant View St

308 W Adams Rd
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.
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 | $785 | $700 | $1,102 |
| Knoxville 1 Bedroom Apartments | $1,072 | $690 | $1,622 |
| Knoxville 2 Bedroom Apartments | $1,290 | $525 | $1,756 |
| Knoxville 3 Bedroom Apartments | $1,254 | $915 | $1,872 |
Browse Top Apartments in Knoxville
See all Apartments in KnoxvilleExplore Knoxville
Knoxville, IL Local Guide
- Nearby Cities
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- School Districts
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. PARKWAY ESTATES has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. 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 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $690 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
Best Value Apartments for Rent in Knoxville, IL and Nearby
As of November 11, 2025 the best value apartment in the Knoxville area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Knoxville apartment is the 2Bed2Bath Model at Brighton Woods starting at $1,050 with a $0.95 price per square foot in the Oakbrook neighborhood. 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 | $1.18 |
| Brighton Woods | 2Bed2Bath | 2BR,2BA | $0.95 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Haymeadow Apartments | Country Seat | 2BR,2BA | $1.19 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| PARKWAY ESTATES | 1 Bedroom 1 Bath | 1BR,1BA | $0.95 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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 $690 at PARKWAY ESTATES.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



