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

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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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Young High Flats
2 to 3 Bedroom Apartments

Young High Flats

121 E Young High PikeKnoxville, TN 37920
  • Utilities Included
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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.

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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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Colonial Village, Knoxville, TN Local Guide

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. Young High Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,265. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Cedar Ridge ApartmentsJunior ApartmentStudio,1BA$875
Young High Flats2-B Type B-60%2BR,2BA$1,265
Red Bud Apartments2Bd/1.5Ba2BR,1BA$1,500
Cherokee Farmhouse Villas4x34BR,3BA$2,700

Best Value Apartments for Rent in Colonial Village, TN

As of November 13, 2025 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 2Bd/1.5Ba Model at Red Bud Apartments starting at $1,500 with a $1.50 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
Red Bud Apartments2Bd/1.5Ba2BR,1.5BA$1.50
Young High Flats2-A Type B-60%2BR,2BA$1.32
606 Lester Rd, Unit A606 Lester RdStudio ,1BA$1.50
Cedar Ridge ApartmentsJunior ApartmentStudio ,1BA$1.75

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle

Ranked #

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Cheap Colonial Village Apartments

What is the lowest price for a Cheap Two Bedroom Colonial Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colonial Village is starting from $1,100 at Cedar Ridge Apartments.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.