Cheap Homes for Rent in Colonial Village Neighborhood of Knoxville, TN from $800 (6 Rentals)

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

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.

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.

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 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 Bud Apartments2Bd/1.5Ba2BR,1BA$1,500

Best Value Apartments for Rent in Colonial Village, TN

As of July 30, 2025 the best value apartment in the Colonial Village area is the $1.50 price per square foot 2Bd/1.5Ba Model at Red Bud Apartments in the in the South Knoxville neighborhood starting from $1,500. The second greatest value Colonial Village apartment is the Two Bedroom Model at White Oak Crossing starting at $993 with a $1.08 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$1.50
White Oak CrossingTwo Bedroom2BR,2BA$1.08
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1.18

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Frequently Asked Questions about Colonial Village

What type of rentals are currently available in Colonial Village?

There are currently 31 Apartments for Rent in Colonial Village, TN with pricing that ranges from $875 to $2,700. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $845 to $2,700.

What is the current price range for Rental Homes in Colonial Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Village ranges from $845 to $2,700 with an average monthly rent of $1,803.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.