
Cheap Homes for Rent in Knoxville, IL from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Knoxville.


525 S Lafayette St

209 Chandler Blvd

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.

218 Charleston Blvd

607 NE 3rd Ave

524 W Murray St

1022 Greenleaf St

509 SE 4th 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.

109 E Jackson St

3200 W Ann St

413 N Murphy Rd

305 N Pleasant View St

322 S Madison St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

906 S 5th St
Knoxville, IL Local Guide

How much does it cost to rent a home in Knoxville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Knoxville 2 Bedroom Homes for Rent | $898 | $640 | $1,250 |
Knoxville 3 Bedroom Homes for Rent | $1,631 | $1,000 | $2,750 |
Knoxville 4 Bedroom Homes for Rent | $1,316 | $1,150 | $1,500 |
Browse Top Homes for Rent in Knoxville
Explore Knoxville
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 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $775 |
Best Value Apartments for Rent in Knoxville, IL and Nearby
As of June 02, 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 | 3 Bedroom 2 Bath | 3BR,2BA | $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 |
354 W Douglas St, Unit 366 | 354 W Douglas St | 2BR,1BA | $1.11 |
Hollow Hills | Studio | Studio ,1BA | $1.08 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
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 $2,245. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $495 to $2,750.
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 $495 to $2,750 with an average monthly rent of $1,114.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.