
Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.


Cedar Ridge Apartments

3518 Glenhurst Rd

315 Doyle St

205 Hialeah Dr
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.

Chapman Square Apartments

White Oak Crossing

Young High Flats

Red Bud

201 Avenue B
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.

Cedar Village

Flenniken Square Apartments

The Verandas

Stonewall II

Montgomery Village
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Colonial Village, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village Studio Apartments | $912 | $875 | $950 |
| Colonial Village 1 Bedroom Apartments | $1,026 | $900 | $1,150 |
| Colonial Village 2 Bedroom Apartments | $1,260 | $1,100 | $1,400 |
| Colonial Village 4 Bedroom Apartments | $2,600 | $2,500 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Knoxville, TN.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White Oak Crossing | Two Bedroom | 2BR,2BA | $993 |
| Cedar Ridge Apartments | One Bedroom Apartment | 1BR,1BA | $1,000 |
| Red Bud | 2 Bedroom 1 Bath - 70173 | 2BR,1BA | $1,050 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1,252 |
| Cherokee Farmhouse Villas | 4x3 | 4BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cherokee Farmhouse Villas | 4x3 | 4BR,3BA | $1.23 |
| Young High Flats | 2-A Type A-60% | 2BR,2BA | $1.31 |
| White Oak Crossing | Two Bedroom | 2BR,2BA | $1.08 |
| Cedar Ridge Apartments | One Bedroom Apartment | 1BR,1BA | $1.18 |
| Red Bud | 2 Bedroom 1 Bath - 71550 | 2BR,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

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.

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.

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.

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

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.

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.

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.

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.