Cheap Homes for Rent in the Colonial Village Neighborhood of Knoxville, TN from $995 (4 Rentals)

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

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.

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.

Best Value Homes for Rent in Colonial Village, TN

As of September 21, 2026 the best value rental home in the Colonial Village area is the $1.13 price per square foot 714 Baldwin Ave SW Model at 714 Baldwin Ave SW in the University of Tennessee neighborhood starting from $2,395. The second greatest value Colonial Village rental home is the 945 Wildwood Garden Dr Model at 945 Wildwood Garden Dr in the South Knoxville neighborhood starting at $2,100 with a $1.28 price per square foot. Here is today’s list of the best values for Colonial Village homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
714 Baldwin Ave SW714 Baldwin Ave SW5BR, 3BA$1.13
945 Wildwood Garden Dr945 Wildwood Garden Dr3BR, 2BA$1.28
211 Avenue C211 Avenue C3BR, 2.5BA$1.58
524 Goldfinch Ave524 Goldfinch Ave3BR, 1BA$1.44
805 Oliver Rd, Unit C805 Oliver Rd2BR, 1.5BA$1.62

Frequently Asked Questions about Colonial Village

What type of rentals are currently available in Colonial Village?

There are currently 34 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 $995 to $2,995.

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 $995 to $2,995 with an average monthly rent of $1,852.

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

decorative image for Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee article

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.

decorative image for Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses article

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.

decorative image for Knoxvilles College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.