
Cheap Homes for Rent in Colonial Village Neighborhood of Knoxville, TN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Knoxville.


1136 Valley Dr SW

480 E Red Bud Rd

3901 Fairlawn Ct

114 Henry Ave

716 Avenue A
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 | $1,461 | $1,245 | $1,850 |
Colonial Village 3 Bedroom Homes for Rent | $1,940 | $1,500 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Knoxville, TN.
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Colonial Village, Knoxville, TN Local Guide
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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. Young High Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,265. 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 |
Young High Flats | 2-B Type B-60% | 2BR,2BA | $1,265 |
Red Bud Apartments | 2Bd/1.5Ba | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Colonial Village, TN
As of September 20, 2025 the best value apartment in the Colonial Village area is the $0.13 price per square foot 4001 Island Home Pike Model at 4001 Island Home Pike, Unit 1 in the in the South Knoxville neighborhood starting from $1,200. The second greatest value Colonial Village apartment is the 4x3 Model at Cherokee Farmhouse Villas starting at $2,500 with a $1.43 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. |
---|---|---|---|
4001 Island Home Pike, Unit 1 | 4001 Island Home Pike | 2BR,1BA | $0.13 |
Cherokee Farmhouse Villas | 4x3 | 4BR,3BA | $1.43 |
Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.50 |
Young High Flats | 2-A Type A-60% | 2BR,2BA | $1.32 |
White Oak Crossing | Two Bedroom | 2BR,2BA | $1.08 |
604 Lester Rd, Unit 604 Lester Rd Unit B | 604 Lester Rd | 1BR,1BA | $1.50 |
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Frequently Asked Questions about Colonial Village
What type of rentals are currently available in Colonial Village?
There are currently 35 Apartments for Rent in Colonial Village, TN with pricing that ranges from $875 to $2,700. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $1,150 to $2,600.
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 $1,150 to $2,600 with an average monthly rent of $1,517.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.