
Cheap Homes for Rent in the Downtown Knoxville Neighborhood of Knoxville, TN from $990 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Knoxville area of Knoxville.


1700 Clinch Ave, Unit #207
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.

510 14th St

228 Hawthorne Ave
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.

1308 Iredell Ave
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 | $2,498 | $1,345 | $3,450 |
| Downtown Knoxville 3 Bedroom Homes for Rent | $1,949 | $1,649 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Knoxville Neighborhood of Knoxville, TN.
Explore 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 $815. 16th Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Downtown Knoxville apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tradition Knoxville | Andrews | 2BR,1BA | $815 |
| 16th Place Apartments | One Bedroom | 1BR,1BA | $880 |
| Commons at Knoxville | D1 Renovated | 4BR,2BA | $890 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of August 23, 2026 the best value apartment in the Downtown Knoxville area is the $1.82 price per square foot 3 bed 2 bath Model at 11 Place in the in the West Knoxville neighborhood starting from $3,000. The second greatest value Downtown Knoxville apartment is the 2BR/1.0BA Model at The Emporium starting at $2,400 with a $1.62 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. |
|---|---|---|---|
| 11 Place | 3 bed 2 bath | 3BR,2BA | $1.82 |
| The Emporium | 2BR/1.0BA | 2BR,1BA | $1.62 |
| EVER Knoxville | 3BR/3BA - C1 | 3BR,3BA | $1.82 |
| Hub Knoxville | 4x2 Pod | 4BR,2BA | $1.31 |
| TENN | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.45 |
| 1501 Clinch Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.62 |
| Flagship Kern's Apartments | Academic Year 2026 - 2027 - B1 | 2BR,2BA | $1.11 |
| Slate at 901 | 2x2 | 2BR,2BA | $1.60 |
| Tradition Knoxville | Porters | 2BR,1BA | $1.15 |
| Villas Knoxville | Student Housing | RS-B5 | 2BR,2BA | $1.50 |
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.
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 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.
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 Downtown Knoxville
What type of rentals are currently available in Downtown Knoxville?
There are currently 151 Apartments for Rent in Downtown Knoxville, TN with pricing that ranges from $699 to $5,079. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Knoxville ranging from $990 to $3,450.
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 $990 to $3,450 with an average monthly rent of $2,009.
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

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.

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.

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.

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

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.