3001 River Towne Way
KnoxvilleTN37920
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.
3001 River Towne Way
KnoxvilleTN37920
2209 Highland Ave
KnoxvilleTN37916
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.
1700 Clinch Ave
KnoxvilleTN37916
1704 Highland Ave
KnoxvilleTN37916
510 14th St
KnoxvilleTN37916
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-6, Page 1 of 1
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 | $3,042 | $1,525 | $5,500 |
| Downtown Knoxville 3 Bedroom Homes for Rent | $2,733 | $2,100 | $3,300 |
| Downtown Knoxville 4 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
| Downtown Knoxville 5 Bedroom Homes for Rent | $7,450 | $7,450 | $7,450 |
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 1 Bed unit found at 16th Place Apartments priced from $780. 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 |
|---|---|---|---|
| 16th Place Apartments | One Bedroom | 1BR,1BA | $780 |
| Society 865 | 3SA - Sigma | 3BR,2BA | $799 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1,029 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of July 08, 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 509 11th St Model at 509 11th St, Unit 2004 starting at $3,000 with a $1.84 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 |
| 509 11th St, Unit 2004 | 509 11th St | 3BR,2BA | $1.84 |
| Union Knoxville | D6 | 4BR,4BA | $1.17 |
| The Davy | B2 | 2BR,2BA | $1.81 |
| Nova Knoxville | Frisco B | 2BR,2BA | $1.72 |
| The Standard at Knoxville | Fulmer 5 - 2Br, 2Ba | 2BR,2BA | $2.01 |
| Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
| 16th Place Apartments | One Bedroom | 1BR,1BA | $1.40 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1.87 |
| Society 865 | 2GA - Gamma | 2BR,2BA | $2.03 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Knoxville
What type of rentals are currently available in Downtown Knoxville?
There are currently 154 Apartments for Rent in Downtown Knoxville, TN with pricing that ranges from $699 to $7,499. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Knoxville ranging from $750 to $10,320.
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 $750 to $10,320 with an average monthly rent of $4,497.
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 $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $699.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.