
Cheap Homes for Rent in Downtown Knoxville Neighborhood of Knoxville, TN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Knoxville area of Knoxville.


1700 Clinch Ave

510 14th St
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.

1004 Game Day Way

105 James Agee St

1507 Highland Ave
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.
Downtown Knoxville, Knoxville, TN Local Guide

How much does it cost to rent a home in Downtown Knoxville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Knoxville 2 Bedroom Homes for Rent | $2,805 | $780 | $5,000 |
| Downtown Knoxville 3 Bedroom Homes for Rent | $2,424 | $1,850 | $3,600 |
| Downtown Knoxville 4 Bedroom Homes for Rent | $5,800 | $5,800 | $5,800 |
| Downtown Knoxville 5 Bedroom Homes for Rent | $1,399 | $1,399 | $1,399 |
| Downtown Knoxville 6 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Downtown Knoxville 7 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Knoxville Neighborhood of Knoxville, TN.
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Downtown Knoxville, Knoxville, TN Local Guide
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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 |
| Commons at Knoxville | C1 | 3BR,2BA | $959 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of November 14, 2025 the best value apartment in the Downtown Knoxville area is the $1.65 price per square foot 3-bedroom Model at Emporium Lofts in the in the West Knoxville neighborhood starting from $3,000. The second greatest value Downtown Knoxville apartment is the The Daniel - 313 Model at The Daniel starting at $3,100 with a $2.00 price per square foot in the Holston Hills 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 | $1.65 |
| The Daniel | The Daniel - 313 | 2BR,2BA | $2.00 |
| Slate at 901 | 4x2B | 4BR,2BA | $1.04 |
| Franklin Station Condominiums | 3-Bedroom | 3BR,2BA | $1.76 |
| Barclay House Apartments | Two Bedroom | 2BR,1BA | $2.09 |
| Tradition Knoxville | Spence | 2BR,1BA | $1.07 |
| The Standard at Knoxville | Fulmer 1 - 2Br, 2Ba | 2BR,2BA | $2.10 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1.89 |
| Commons at Knoxville | B1 | 2BR,1BA | $1.87 |
| Society 865 | 2GA - Gamma | 2BR,2BA | $2.03 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #31
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Knoxville
What type of rentals are currently available in Downtown Knoxville?
There are currently 158 Apartments for Rent in Downtown Knoxville, TN with pricing that ranges from $799 to $5,049. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Knoxville ranging from $780 to $5,800.
What is the current price range for Rental Homes in Downtown Knoxville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Knoxville ranges from $780 to $5,800 with an average monthly rent of $2,298.
How much are larger Three and Four Bedroom Rentals in Downtown Knoxville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Knoxville range from $799 to $4,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,600. Four Bedroom Single-Family rentals are also available starting from $5,800 and Four Bedroom Apartments start at $875.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.