314 Pettway Ave SW
KnoxvilleTN37920
Cheap Homes for Rent in Colonial Village Neighborhood of Knoxville, TN from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Knoxville.
618 W Governor John Sevier Hwy
KnoxvilleTN37920
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.
1136 Valley Dr SW
KnoxvilleTN37920
5501 Lake Shore Dr
KnoxvilleTN37920
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.
3311 Canary Ave
KnoxvilleTN37920
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Colonial Village, Knoxville, TN Local Guide
How much does it cost to rent a home in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village 2 Bedroom Homes for Rent | $1,745 | $1,195 | $2,100 |
| Colonial Village 3 Bedroom Homes for Rent | $1,931 | $900 | $3,500 |
| Colonial Village 4 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Ridge Apartments | Junior Apartment | Studio,1BA | $875 |
| Red Bud | 2 Bedroom 1 Bath - 32352 | 2BR,1BA | $975 |
| Red Bud Apartments | 2Bd/1Ba | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Colonial Village, TN
As of January 15, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.00 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1.29 |
| Red Bud | 2 Bedroom 1 Bath - 32352 | 2BR,1BA | $1.30 |
| Cedar Ridge Apartments | Junior Apartment | Studio ,1BA | $1.75 |
Frequently Asked Questions about Colonial Village
What type of rentals are currently available in Colonial Village?
There are currently 33 Apartments for Rent in Colonial Village, TN with pricing that ranges from $875 to $2,700. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $900 to $3,500.
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 $900 to $3,500 with an average monthly rent of $1,642.
How much are larger Three and Four Bedroom Rentals in Colonial Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Village range from $1,550 to $1,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,500.
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
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.
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.
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.
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.