Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.

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3518 Glenhurst Rd
1 to 2 Bedroom Apartments

3518 Glenhurst Rd

3518 Glenhurst RdKnoxville, TN 37920
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315 Doyle St
1 to 2 Bedroom Apartments

315 Doyle St

315 Doyle StKnoxville, TN 37920
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205 Hialeah Dr
Studio Apartments

205 Hialeah Dr

205 Hialeah DrKnoxville, TN 37920

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Young High Flats
2 to 3 Bedroom Apartments

Young High Flats

121 E Young High PikeKnoxville, TN 37920
  • Utilities Included
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Red Bud
1 to 2 Bedroom Apartments

Red Bud

430 & 500 E Redbud RdKnoxville, TN 37920
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201 Avenue B
1 to 2 Bedroom Apartments

201 Avenue B

201 Avenue BKnoxville, TN 37920

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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.

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Cedar Village
1 Bedroom Apartments

Cedar Village

319-400 Hialeah DrKnoxville, TN 37920
  • Utilities Included
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The Verandas
1 to 2 Bedroom Apartments

The Verandas

107 Flenniken AveKnoxville, TN 37920
Senior Living
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Stonewall II
1 to 2 Bedroom Apartments

Stonewall II

5022 Chapman HwyKnoxville, TN 37920
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Montgomery Village
Studio Apartments

Montgomery Village

1118 Sims RdKnoxville, TN 37920
  • Utilities Included

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Cheapest Available Colonial Village Apartments for Rent

 

The cheapest available apartment rental in the Colonial Village area of Knoxville, TN is a 2 Beds unit found at White Oak Crossing priced from $993. Cedar Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
White Oak CrossingTwo Bedroom2BR,2BA$993
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1,000
Red Bud2 Bedroom 1 Bath - 701732BR,1BA$1,050
Young High Flats2-B Type B-60%2BR,2BA$1,252
Cherokee Farmhouse Villas4x34BR,3BA$2,700

Best Value Apartments for Rent in Colonial Village, TN

As of July 05, 2026 the best value apartment in the Colonial Village area is the $1.23 price per square foot 4x3 Model at Cherokee Farmhouse Villas in the in the South Knoxville neighborhood starting from $2,700. The second greatest value Colonial Village apartment is the 2-A Type A-60% Model at Young High Flats starting at $1,252 with a $1.31 price per square foot in the South Knoxville neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cherokee Farmhouse Villas4x34BR,3BA$1.23
Young High Flats2-A Type A-60%2BR,2BA$1.31
White Oak CrossingTwo Bedroom2BR,2BA$1.08
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1.18
Red Bud2 Bedroom 1 Bath - 715502BR,1BA$1.54

Expert Rental Resources

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.

Helpful Local Expert Guides

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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 Knoxvilles College Scene: An Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting article

Knoxvilles College Scene: An Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Written by: Wendy Melton

Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.

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Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses

Written by: Wendy Melton

With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.

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Welcome to Knoxville: A Local Experts Guide to Renting in the Heart of Tennessee

Written by: Wendy Melton

Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.