Cheap Homes for Rent in Knoxville, IL from $500 (16 Rentals)

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property at 119 Vanburen Ct

119 Vanburen Ct

CantonIL61520

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.

property at 1001 6th St

1001 6th St

OrionIL61273

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

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 ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$690
Willow Knolls ApartmentsStudioStudio,1BA$700
Hollow HillsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725

Best Value Apartments for Rent in Knoxville, IL and Nearby

As of November 14, 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 Dunlap Lakeside 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Dunlap Lakeside2Bed2Bath2BR,2BA$0.95
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Haymeadow ApartmentsCountry Seat2BR,2BA$1.19
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Forest Hill Apartments1x11BR,1BA$1.12
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$0.95
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Hollow HillsStudioStudio ,1BA$1.08
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,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.

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

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Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 38 Apartments for Rent in Knoxville, IL with pricing that ranges from $525 to $1,852. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $550 to $3,500.

What is the current price range for Rental Homes in Knoxville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Knoxville ranges from $550 to $3,500 with an average monthly rent of $1,449.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.