Cheap Homes for Rent in Five Points Neighborhood of Knoxville, TN from $700 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Five Points area of Knoxville.

property at 121 Pruett Pl

121 Pruett Pl

KnoxvilleTN37917
property at 510 14th St

510 14th St

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Five Points, Knoxville, TN Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Knoxville, TN is a 2 Beds unit found at Riverview Park priced from $925. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Five Points apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Riverview Park2 X 22BR,2BA$925
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
North Hills ApartmentsThe Glen1BR,1BA$975
Villas KnoxvilleS1Studio,1BA$1,085
MaplehurstStudiosStudio,1BA$1,090

Best Value Apartments for Rent in Five Points, TN

As of June 20, 2025 the best value apartment in the Five Points area is the $1.79 price per square foot The French Broad Model at Rivers Edge Apartments in the in the North Knoxville neighborhood starting from $2,411. The second greatest value Five Points apartment is the 401 E Scott Ave Model at 401 E Scott Ave, Unit 401-1 starting at $1,650 with a $1.50 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rivers Edge ApartmentsThe French Broad3BR,2BA$1.79
401 E Scott Ave, Unit 401-1401 E Scott Ave2BR,1BA$1.50
First Creek at Austin2 BR2BR,1BA$1.48
Riverview Park2 X 22BR,2BA$0.95
1703 E 5th Ave, Unit 21703 E 5th Ave1BR,1BA$1.28
2436 Belvedere Ave, Unit 2436 Belvedere Unit 12436 Belvedere Ave2BR,1.5BA$1.80
The DandridgeTwo Bed OneBath - UPG2BR,1BA$1.58
Highland Terrace CommunitiesHighland Terrace 2 Bedroom 1 Bath2BR,1BA$1.78
North Hills ApartmentsThe Peak1BR,1BA$1.39
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71

Quick Rent Budget Calculator

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Frequently Asked Questions about Five Points

What type of rentals are currently available in Five Points?

There are currently 239 Apartments for Rent in Five Points, TN with pricing that ranges from $780 to $6,522. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $750 to $5,500.

What is the current price range for Rental Homes in Five Points?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $750 to $5,500 with an average monthly rent of $2,072.

How much are larger Three and Four Bedroom Rentals in Five Points?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $999 to $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,199.

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.

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.