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$880 - $2,2201 to 3 Bedroom Apartments Available Now
16th Place Apartments
1539-1543 Highland AveKnoxville, TN 37916
Cheap Apartments for Rent in the Downtown Knoxville Neighborhood of Knoxville, TN from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Knoxville area of Knoxville.
1628 Clinch Ave
KnoxvilleTN37916
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$1,025 - $1,650Studio to 4 Bedroom Apartments Available Now
Maplehurst
814 W Hill AveKnoxville, TN 37902
1507 Highland Ave, Unit #B402, Unit #B402
1507 Highland Ave
KnoxvilleTN37916
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$1,174 - $2,199Studio to 5 Bedroom Apartments Available Now
Hub Knoxville
1915 Cumberland AveKnoxville, TN 37916
1700 Clinch Ave
KnoxvilleTN37916
1700 Clinch Ave, Unit #207, Unit #207
1700 Clinch Ave
KnoxvilleTN37916
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1506 Exeter Ave NW
KnoxvilleTN37921
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$1,400 - $1,745Studio to 2 Bedroom Apartments Available Jun 15
Barclay House Apartments
1631 Laurel AveKnoxville, TN 37916
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Studio to 1 Bedroom Apartments
Highland Terrace Apartments
1525-1529 Highland AveKnoxville, TN 37916
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2 Bedroom Apartments
1309 Forest Ave
1309 Forest AveKnoxville, TN 37916
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2 Bedroom Apartments
316 James Agee St
316 James Agee StKnoxville, TN 37916
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1 Bedroom Apartments
White Avenue Apartments
1303 White AveKnoxville, TN 37916
1637 Highland Ave
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.
410 Sir Keegan Way
KnoxvilleTN37916
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1 to 2 Bedroom Apartments
Highland Terrace IV
2329-2343 Highland AveKnoxville, TN 37916
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1 Bedroom Apartments
The Highland On Laurel
1533 Laurel AveKnoxville, TN 37916
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Studio to 4 Bedroom Apartments
Sterchi's Lofts
116 S Gay StKnoxville, TN 37902
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2 to 3 Bedroom Apartments
The Highland V
1523 Highland AveKnoxville, TN 37916
1700 Clinch Ave
KnoxvilleTN37916
1507 Highland Ave
KnoxvilleTN37916
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
228 Hawthorne Ave
KnoxvilleTN37920
Showing Results 1-22, 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 | $1,697 | $1,025 | $2,199 |
| Downtown Knoxville 1 Bedroom Apartments | $2,075 | $880 | $4,100 |
| Downtown Knoxville 2 Bedroom Apartments | $2,065 | $799 | $4,785 |
| Downtown Knoxville 3 Bedroom Apartments | $1,950 | $799 | $4,500 |
| Downtown Knoxville 4 Bedroom Apartments | $1,303 | $725 | $3,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 22 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
- Nearby Cities
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- Local Counties
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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 |
| 16th Place Apartments | One Bedroom | 1BR,1BA | $880 |
| Commons at Knoxville | D1 Renovated | 4BR,2BA | $935 |
| Maplehurst | Efficiency | Studio,1BA | $1,025 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of May 26, 2026 the best value apartment in the Downtown Knoxville area is the $2.06 price per square foot The Daniel - 413 Model at The Daniel in the in the Holston Hills neighborhood starting from $3,200. The second greatest value Downtown Knoxville apartment is the 4x2B Model at Slate at 901 starting at $1,099 with a $0.93 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 - 413 | 2BR,2BA | $2.06 |
| Slate at 901 | 4x2B | 4BR,2BA | $0.93 |
| 16th Place Apartments | 3 BR Victorian | 3BR,1BA | $2.34 |
| The Davy | B2 | 2BR,2BA | $1.63 |
| University Walk | Student Housing | 2 Bed - 2 Bath | 2BR,2BA | $1.40 |
| Nova Knoxville | Frisco C | 2BR,2BA | $1.84 |
| Union Knoxville | B1 | 2BR,2BA | $1.91 |
| Tradition Knoxville | Spence | 2BR,1BA | $1.07 |
| The Standard at Knoxville | Fulmer 1 - 2Br, 2Ba | 2BR,2BA | $1.83 |
| Society 865 | 2GA - Gamma | 2BR,2BA | $2.03 |
Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting
Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Downtown Knoxville, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #29
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 $1,699.
What is the price of a cheap apartment in Downtown Knoxville?
The cheapest apartment in Downtown Knoxville is 16th Place Apartments which is listed at $880, while the average apartment in Downtown Knoxville costs $2,060.
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 152 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 $1,345 which is $715 cheaper than the average rent for all rentals in Downtown Knoxville.
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
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.
Knoxvilles College Scene: An Experts 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.
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.