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$780 - $1,0801 to 2 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 $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Knoxville area of Knoxville.
1737 Moses Ave
KnoxvilleTN37921
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$979 - $2,120Studio to 4 Bedroom Apartments Available Aug 11
Maplehurst
814 W Hill AveKnoxville, TN 37902
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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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$1,075 - $1,725Studio to 2 Bedroom Apartments Available Aug 15
Barclay House Apartments
1631 Laurel AveKnoxville, TN 37916
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$1,261 - $1,745Studio to 5 Bedroom Apartments Contact Us For Availability
Hub Knoxville
1901 Cumberland AveKnoxville, TN 37916
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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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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.
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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 | $1,783 | $979 | $3,000 |
| Downtown Knoxville 1 Bedroom Apartments | $2,129 | $780 | $5,962 |
| Downtown Knoxville 2 Bedroom Apartments | $2,359 | $799 | $7,628 |
| Downtown Knoxville 3 Bedroom Apartments | $2,090 | $799 | $4,115 |
| Downtown Knoxville 4 Bedroom Apartments | $1,339 | $599 | $4,500 |
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
- Nearby Cities
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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 1 Bed unit found at 16th Place Apartments priced from $780. Highland Avenue Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here are the most affordable Downtown Knoxville apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 16th Place Apartments | One Bedroom | 1BR,1BA | $780 |
| Highland Avenue Apartments | Top Floors | 2BR,1BA | $1,400 |
| 303 Flats | Nash - SOLD OUT!! | 1BR,1BA | $1,499 |
| Emporium Lofts | 1-Bedroom | 1BR,1BA | $1,500 |
| Yardley Flats Apartments | Ace | 1BR,1BA | $1,519 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of July 31, 2025 the best value apartment in the Downtown Knoxville area is the $1.93 price per square foot 3-bedroom Model at Emporium Lofts in the in the West Knoxville neighborhood starting from $3,500. The second greatest value Downtown Knoxville apartment is the C1 Model at Livano Knoxville starting at $3,810 with a $2.67 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. |
|---|---|---|---|
| Emporium Lofts | 3-bedroom | 3BR,2BA | $1.93 |
| Livano Knoxville | C1 | 3BR,2BA | $2.67 |
| The Davy | B2 | 2BR,2BA | $1.81 |
| Marble Alley Lofts | A2 - Ade | 1BR,1BA | $2.66 |
| The Tribute | Tower/Corner 1-bedroom | 1BR,1BA | $2.76 |
| Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
| 16th Place Apartments | Two Bedroom | 2BR,1BA | $1.59 |
| One Riverwalk | A1 | 1BR,1BA | $2.72 |
| Stockyard Lofts | A1 | 1BR,1BA | $2.72 |
| Flagship Kerns | A1 | 1BR,1BA | $2.93 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #28
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 $1,800.
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 $780, while the average apartment in Downtown Knoxville costs $2,471.
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 62 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 $1,266 which is $1,205 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 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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.