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$969 - $2,202Studio to 4 Bedroom Apartments Available Now
Maplehurst
814 W Hill AveKnoxville, TN 37902
Cheap Apartments for Rent in the Downtown Knoxville Neighborhood of Knoxville, TN from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Knoxville area of Knoxville.
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$999Studio to 2 Bedroom Apartments Available Now
Highland Terrace Communities
1319 Highland AveKnoxville, TN 37916
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$1,050 - $1,725Studio to 2 Bedroom Apartments Available Now
Barclay House Apartments
1631 Laurel AveKnoxville, TN 37916
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510 14th St
KnoxvilleTN37916
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.
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$1,154 - $2,099Studio to 5 Bedroom Apartments Available Now
Hub Knoxville
1915 Cumberland AveKnoxville, TN 37916
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$1,4002 Bedroom Apartments Available Now
Highland Avenue Apartments
1201 Highland AveKnoxville, TN 37916
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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Showing Results 1-16, Page 1 of 1
Downtown Knoxville, Knoxville, TN Local Guide
How much does it cost to rent an apartment in Downtown Knoxville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Knoxville Studio Apartments | $1,688 | $969 | $2,099 |
| Downtown Knoxville 1 Bedroom Apartments | $1,967 | $999 | $4,100 |
| Downtown Knoxville 2 Bedroom Apartments | $1,990 | $799 | $5,199 |
| Downtown Knoxville 3 Bedroom Apartments | $1,817 | $799 | $4,115 |
| Downtown Knoxville 4 Bedroom Apartments | $1,388 | $699 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Knoxville Neighborhood of Knoxville, TN.
See all Apartments in KnoxvilleExplore Knoxville
Downtown Knoxville, Knoxville, TN Local Guide
- Nearby Knoxville neighborhoods
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Cheapest Available Downtown Knoxville Apartments for Rent
The cheapest available apartment rental in the Downtown Knoxville area of Knoxville, TN is a 2 Beds unit found at Tradition Knoxville priced from $799. Society 865 has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here are the most affordable Downtown Knoxville apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tradition Knoxville | Spence | 2BR,1BA | $799 |
| Society 865 | 3SA - Sigma | 3BR,2BA | $799 |
| Slate at 901 | 3x3 Double | 3BR,3BA | $800 |
| Commons at Knoxville | C1 | 3BR,2BA | $849 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $999 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of September 16, 2025 the best value apartment in the Downtown Knoxville area is the $1.29 price per square foot The Daniel - 307 Model at The Daniel in the in the Holston Hills neighborhood starting from $2,000. The second greatest value Downtown Knoxville apartment is the 2-bedroom Model at Emporium Lofts starting at $1,900 with a $1.32 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Downtown Knoxville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Daniel | The Daniel - 307 | 2BR,1BA | $1.29 |
| Emporium Lofts | 2-bedroom | 2BR,1BA | $1.32 |
| Slate at 901 | 4x3 | 4BR,3BA | $0.98 |
| 1920 Grand Ave, Unit 101 | 1920 Grand Ave | 3BR,3BA | $1.67 |
| Franklin Station Condominiums | 3-Bedroom | 3BR,2BA | $1.76 |
| Maplehurst | 2 Bedroom | 2BR,1BA | $1.74 |
| Tradition Knoxville | Spence | 2BR,1BA | $1.07 |
| Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1.82 |
| Society 865 | 2GA - Gamma | 2BR,2BA | $2.03 |
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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #27
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Knoxville Apartments
What is a cheap apartment in Downtown Knoxville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Knoxville is under $1,400.
What is the price of a cheap apartment in Downtown Knoxville?
The cheapest apartment in Downtown Knoxville is Highland Terrace Communities which is listed at $999, while the average apartment in Downtown Knoxville costs $1,970.
What types of apartments are the cheapest in Downtown Knoxville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 196 regular apartments in Downtown Knoxville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Knoxville?
Cheap apartments in Downtown Knoxville have an average cost of $1,325 which is $645 cheaper than the average rent for all rentals in Downtown Knoxville.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.