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$2,500 - $2,7004 Bedroom Apartments Available Now
Cherokee Farmhouse Villas
7340 Coatney RdKnoxville, TN 37920
Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.
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Rent Specials
$875 - $1,200Studio to 2 Bedroom Apartments Available Now
Cedar Ridge Apartments
6033 Sunbeam LnKnoxville, TN 37920
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$1,800
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
217 Beta Dr, Unit 217
217 Beta DrKnoxville, TN 37920
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1 to 2 Bedroom Apartments
3518 Glenhurst Rd
3518 Glenhurst RdKnoxville, TN 37920
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1 to 2 Bedroom Apartments
315 Doyle St
315 Doyle StKnoxville, TN 37920
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Discover why Knoxville, Tennessee is one of the South's best places to rent. Explore top neighborhoods, universities, restaurants, and everything the city has to offer.
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Studio Apartments
205 Hialeah Dr
205 Hialeah DrKnoxville, TN 37920
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2 Bedroom Apartments
Chapman Square Apartments
121 Taliwa CtKnoxville, TN 37920
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2 to 3 Bedroom Apartments
White Oak Crossing
290 Quaker WayKnoxville, TN 37920
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2 to 3 Bedroom Apartments
Young High Flats
121 E Young High PikeKnoxville, TN 37920
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1 to 2 Bedroom Apartments
Red Bud
430 & 500 E Redbud RdKnoxville, TN 37920
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 2 Bedroom Apartments
201 Avenue B
201 Avenue BKnoxville, TN 37920
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1 Bedroom Apartments
Cedar Village Apartments South
319-400 Hialeah DrKnoxville, TN 37920
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2 to 3 Bedroom Apartments
Flenniken Square Apartments
500 Flenniken WayKnoxville, TN 37909
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1 to 2 Bedroom Apartments
The Verandas
107 Flenniken AveKnoxville, TN 37920
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1 to 2 Bedroom Apartments
Stonewall II
5022 Chapman HwyKnoxville, TN 37920
Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses
Looking for a rental in Knoxville? Our guide breaks down 20+ neighborhoods with affordable housing, great schools, and easy access to job opportunities across Knox County.
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Studio Apartments
Montgomery Village
1118 Sims RdKnoxville, TN 37920
Showing Results 1-16, Page 1 of 1
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 | $1,014 | $900 | $1,100 |
| Colonial Village 2 Bedroom Apartments | $1,194 | $1,100 | $1,230 |
| Colonial Village 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
| Colonial Village 4 Bedroom Apartments | $2,600 | $2,500 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 16 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. Red Bud has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White Oak Crossing | 2 Bedroom | 2BR,1BA | $993 |
| Red Bud | 1 Bedroom 1 Bath - 82912 | 1BR,1BA | $995 |
| Cedar Ridge Apartments | One Bedroom Apartment | 1BR,1BA | $1,000 |
| Red Bud Apartments | 2Bd/1Ba | 2BR,1BA | $1,100 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1,312 |
Best Value Apartments for Rent in Colonial Village, TN
As of August 20, 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 217 Beta Dr Model at 217 Beta Dr, Unit 217 starting at $1,800 with a $1.30 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 |
| 217 Beta Dr, Unit 217 | 217 Beta Dr | 3BR,2BA | $1.30 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $0.92 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1.35 |
| White Oak Crossing | 2 Bedroom | 2BR,1BA | $1.08 |
| Cedar Ridge Apartments | One Bedroom Apartment | 1BR,1BA | $1.18 |
| Red Bud | 1 Bedroom 1 Bath - 82912 | 1BR,1BA | $1.40 |
Frequently Asked Questions about Cheap Colonial Village Apartments
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 6 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.
Helpful Local Expert Guides
Welcome to Knoxville: A Local Expert's 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.
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.
Knoxvilles College Scene: An Expert's 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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.