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

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
3518 Glenhurst Rd
1 to 2 Bedroom Apartments

3518 Glenhurst Rd

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

315 Doyle St

315 Doyle StKnoxville, TN 37920
close
View Me
205 Hialeah Dr
Studio Apartments

205 Hialeah Dr

205 Hialeah DrKnoxville, TN 37920

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.

close
View Me
Young High Flats
2 to 3 Bedroom Apartments

Young High Flats

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

Red Bud

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

201 Avenue B

201 Avenue BKnoxville, TN 37920

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.

close
View Me
Cedar Village
1 Bedroom Apartments

Cedar Village

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

The Verandas

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

Stonewall II

5022 Chapman HwyKnoxville, TN 37920
close
View Me
Montgomery Village
Studio Apartments

Montgomery Village

1118 Sims RdKnoxville, TN 37920
  • Utilities Included

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.

Cheapest Available Colonial Village Apartments for Rent

 

The cheapest available apartment rental in the Colonial Village area of Knoxville, TN is a Studio unit found at Cedar Ridge Apartments priced from $875. Red Bud has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Cedar Ridge ApartmentsJunior ApartmentStudio,1BA$875
Red Bud2 Bedroom 1 Bath - 323522BR,1BA$975
Red Bud Apartments2Bd/1Ba2BR,1BA$1,000
Young High Flats2-B Type B-60%2BR,2BA$1,252

Best Value Apartments for Rent in Colonial Village, TN

As of January 14, 2026 the best value apartment in the Colonial Village area is the $1.00 price per square foot 2Bd/1.5Ba Model at Red Bud Apartments in the in the South Knoxville neighborhood starting from $1,000. The second greatest value Colonial Village apartment is the 2-B Type B-60% Model at Young High Flats starting at $1,252 with a $1.29 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.
Red Bud Apartments2Bd/1.5Ba2BR,1.5BA$1.00
Young High Flats2-B Type B-60%2BR,2BA$1.29
Red Bud2 Bedroom 1 Bath - 323522BR,1BA$1.30
Cedar Ridge ApartmentsJunior ApartmentStudio ,1BA$1.75

Frequently Asked Questions about Cheap Colonial Village Apartments

What is the price of a cheap apartment in Colonial Village?

The cheapest apartment in Colonial Village is Cedar Ridge Apartments which is listed at $1,000, while the average apartment in Colonial Village costs $2,600.

What types of apartments are the cheapest in Colonial Village?

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 regular apartments in Colonial Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

Articles, How-To's, and Tips

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.