5501 Lake Shore Dr
KnoxvilleTN37920
Cheap Homes for Rent in Colonial Village Neighborhood of Knoxville, TN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Knoxville.
5501 Lake Shore Dr
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.
3500 Sevier Ave
KnoxvilleTN37920
4450 Galbraith School Rd
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.
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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 3 Bedroom Homes for Rent | $1,997 | $1,700 | $2,190 |
| Colonial Village 4 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Knoxville, TN.
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Best Value Apartments for Rent in Colonial Village, TN
As of March 09, 2026 the best value apartment in the Colonial Village area is the $0.58 price per square foot 4 Bedroom, 4 Bath Model at Redpoint Knoxville in the in the West Knoxville neighborhood starting from $1,069. The second greatest value Colonial Village apartment is the Two Bedroom Model at Oak Crest Apartments starting at $975 with a $0.81 price per square foot in the North 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. |
|---|---|---|---|
| Redpoint Knoxville | 4 Bedroom, 4 Bath | 4BR,4BA | $0.58 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.81 |
| White Oak Crossing | Three Bedroom | 3BR,2BA | $0.98 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.00 |
| The Henley | Metro | 1BR,1BA | $1.75 |
| Red Bud | 1 Bedroom 1 Bath - 42923 | 1BR,1BA | $1.22 |
| Southmont Apartments | Two Bedroom Remodel | 2BR,1BA | $2.25 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.70 |
| Cedar Ridge Apartments | Junior Apartment | Studio ,1BA | $1.75 |
| 2436 Belvedere Ave | Studio | Studio ,1BA | $2.22 |
Frequently Asked Questions about Colonial Village
What type of rentals are currently available in Colonial Village?
There are currently 46 Apartments for Rent in Colonial Village, TN with pricing that ranges from $829 to $4,275. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,050 to $2,190.
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 $1,050 to $2,190 with an average monthly rent of $1,432.
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 $875 to $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,190. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $829.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.