Cheap Homes for Rent in Colonial Village Neighborhood of Knoxville, TN from $1,100 (6 Rentals)

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

property at 3901 Fairlawn Ct

3901 Fairlawn Ct

KnoxvilleTN37920
property at 716 Avenue A

716 Avenue A

KnoxvilleTN37920

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. 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 ListingModel NameBed/BathPriced From
White Oak CrossingTwo Bedroom2BR,2BA$993
Young High Flats2-B Type B-60%2BR,2BA$1,265
Red Bud Apartments2Bd/1.5Ba2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
4001 Island Home Pike, Unit 14001 Island Home Pike2BR,1BA$0.13
Cherokee Farmhouse Villas4x34BR,3BA$1.43
Red Bud Apartments2Bd/1.5Ba2BR,1.5BA$1.50
Young High Flats2-A Type A-60%2BR,2BA$1.32
White Oak CrossingTwo Bedroom2BR,2BA$1.08
604 Lester Rd, Unit 604 Lester Rd Unit B604 Lester Rd1BR,1BA$1.50

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Pet Friendly Lifestyle

Ranked #

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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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.

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.