608 Lester Rd
KnoxvilleTN37920
Cheap Homes for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Knoxville.
123 Ingersoll Ave
KnoxvilleTN37920
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Discover why Knoxville, Tennessee is one of the South's best places to rent. Explore top neighborhoods, universities, restaurants, and everything the city has to offer.
220 Taliwa Gardens Dr
KnoxvilleTN37920
476 E Red Bud Rd
KnoxvilleTN37920
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $1,705 | $1,150 | $2,295 |
| Colonial Village 3 Bedroom Homes for Rent | $2,293 | $1,795 | $3,395 |
| Colonial Village 4 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
| Colonial Village 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
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 August 01, 2026 the best value apartment in the Colonial Village area is the $1.23 price per square foot 4x3 Model at Cherokee Farmhouse Villas in the in the South Knoxville neighborhood starting from $2,700. The second greatest value Colonial Village apartment is the 217 Beta Dr Model at 217 Beta Dr, Unit 217 starting at $1,800 with a $1.30 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. |
|---|---|---|---|
| Cherokee Farmhouse Villas | 4x3 | 4BR,3BA | $1.23 |
| 217 Beta Dr, Unit 217 | 217 Beta Dr | 3BR,2BA | $1.30 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $0.92 |
| Young High Flats | 2-A Type B-60% | 2BR,2BA | $1.37 |
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 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $895 to $3,400.
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 $895 to $3,400 with an average monthly rent of $1,958.
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 $1,800 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,395. Four Bedroom Single-Family rentals are also available starting from $3,400 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.
Helpful Local Expert Guides
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Written by: Wendy Melton
Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.
Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses
Written by: Wendy Melton
With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.
Knoxvilles College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting
Written by: Wendy Melton
Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.