Cheap Apartments for Rent in Knoxville, TN from $400 (135 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

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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: 07/29/2025

Current apartment rentals in the Knoxville, TN area range in price from $425 to $22,000 with an overall median price of $8,108. The three Knoxville neighborhoods with the lowest median rent pricing are Inskip at $1,050, Lyons View at $1,300, and Middlebrook Heights at $1,400. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Knoxville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Inskip$2,200$1,0508
Lyons View$2,300$1,3003
Middlebrook Heights$2,300$1,4005
Island Home$2,345$84538
Burlington$2,400$92512
Norwood$2,430$1,44915
Colonial Village$2,445$84514
Maryville Alcoa$2,500$86867
South Waterfront$2,550$1,2255
Maplehurst$2,700$1,1897

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 1 Bed unit found at 16th Place Apartments in the West Knoxville neighborhood priced from $780. Forestdale Village in the Holston Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
Forestdale Village1BD/1BA1BR,1BA$900
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Oakview Apartments1-bedroom1BR,1BA$960
Evergreen TerraceOne Bedroom Remodel1BR,1BA$985
White Oak CrossingTwo Bedroom2BR,2BA$993
Woodview TerraceThe Dogwood1BR,1BA$995
Golf View Apartments2-bedroom2BR,1BA$1,000
North Hills ApartmentsThe Peak1BR,1BA$1,050

Best Value Apartments for Rent in Knoxville, TN

As of July 29, 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 Home Model at Amber Vista - Brand New Homes starting at $2,650 with a $1.26 price per square foot . 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
Amber Vista - Brand New Homes3 Bedroom Home3BR,2BA$1.26
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.61
Woodbury Crossing3 C Floor Plan3BR,2BA$1.00
West Towne Manor2 Bedroom- Garden2BR,1.5BA$0.90
River Hill TownhomesCobalt2BR,1.5BA$1.24
Golf View Apartments2-bedroom2BR,1BA$1.00
West Gate Terrace2 Bedroom Garden - Colonial2BR,1BA$1.15
Johnathan's Ridge ApartmentsTwo Bedroom2BR,1BA$1.26
White Oak CrossingTwo Bedroom2BR,2BA$1.08

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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 the Cheapest Studio apartment in Knoxville?

Currently the most affordable Cheap Studio Apartment in Knoxville is at Altitude @ 6313 listed at $1,099.

How much is rent for a Cheap One Bedroom Knoxville Apartment?

The lowest price for a Cheap One Bedroom Knoxville Apartment is $780 at 16th Place 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 $993 at White Oak Crossing.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at Woodbury Crossing and starts from $1,259.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.