Cheap Apartments for Rent in Knoxville, TN from $400 (119 Rentals)

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

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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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.

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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.

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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.

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Knoxville's Best Affordable Neighborhoods

Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

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Knoxville, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 06/13/2025

Current apartment rentals in the Knoxville, TN area range in price from $649 to $6,835 with an overall median price of $2,259. The three Knoxville neighborhoods with the lowest median rent pricing are Burlington at $945, Marble City at $699, and West View at $699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Knoxville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Burlington$1,382$94523
Marble City$1,450$699124
West View$1,555$699116
Fountain City$1,595$87520
Lakemoor Hills$1,669$77574
Lyons View$1,669$89953
Belle Morris$1,700$945133
Deane Hill$1,799$88071
Wesley$1,799$88094
Middlebrook Heights$1,829$85041

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 3 Beds unit found at Society 865 in the West Knoxville neighborhood priced from $799. Windy Lakes Apartments in the South Knoxville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Society 8653SA - Sigma3BR,2BA$799
Windy Lakes Apartments1 x 11BR,1BA$850
Evergreen TerraceOne Bedroom1BR,1BA$900
Forestdale Village1BD/1BA1BR,1BA$900
City South ApartmentsStudio - 612Studio,1BA$924
Riverview Park2 X 22BR,2BA$925
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
Oakview Apartments1-bedroom1BR,1BA$935
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
West Gate Terrace1 Bedroom Garden1BR,1BA$975

Best Value Apartments for Rent in Knoxville, TN

As of June 14, 2025 the best value apartment in the Knoxville area is the $0.31 price per square foot 4 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $969. The second greatest value Knoxville apartment is the 3 Bedroom, 3 Bath Model at Redpoint Knoxville starting at $849 with a $0.61 price per square foot in the West Knoxville 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.
Knox Ridge4 Bedroom Townhouse4BR,4BA$0.31
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.61
West Towne Manor2 Bedroom- Townhouse2BR,1.5BA$0.93
Union KnoxvilleD64BR,4BA$1.17
Woodbury Crossing3 B Floor Plan3BR,2BA$1.01
River Hill TownhomesCobalt2BR,1.5BA$1.24
Williamsburg Village2 Bed 1 Bath with washer/dryer2BR,1BA$1.20
Riverview Park2 X 22BR,2BA$0.95
West Gate Terrace1 Bedroom Garden1BR,1BA$1.20
Windy Lakes Apartments1 x 11BR,1BA$1.21

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Knoxville Overview

Nestled in the foothills of the Great Smoky Mountains, Knoxville retains its Appalachian heritage while welcoming a melting pot of modern tastes and global cultures. Whether you’re interested in renting apartments in Knoxville because you’ve heard about its designation as “America’s Most Romantic City,” because you can’t get enough of the champion Lady Vols, or to take advantage of its rich employment opportunities, Knoxville has a wealth of apartment choices in both the downtown and surrounding areas.

Why live in Knoxville, TN?

Along with the benefits of life in Knoxville apartments with its mild climate, sophisticated transit system and wealth of local media, colorful, cultural Knoxville draws residents from all parts of the country, live in its unique neighborhoods, riverfront benefits and Smoky Mountain flavor.

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

Explore Knoxville, TN Rentals by Map

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See the most popular apartments and homes in Knoxville, TN

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Getting Around Knoxville, TN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

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 a cheap apartment in Knoxville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Knoxville is under $975.

What is the price of a cheap apartment in Knoxville?

The cheapest apartment in Knoxville is Windy Lakes Apartments which is listed at $850, while the average apartment in Knoxville costs $2,259.

What types of apartments are the cheapest in Knoxville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,518 regular apartments in Knoxville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Knoxville?

Cheap apartments in Knoxville have an average cost of $935 which is $1,324 cheaper than the average rent for all rentals in Knoxville.

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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An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN

Written by: Wendy Melton

Knoxville is considered to be a jewel of the south. It is the largest city in the eastern half of Tennessee and home to the main campus of the University of Tennessee.

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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.