
Cheap Homes for Rent in Five Points Neighborhood of Knoxville, TN from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Knoxville.


3502 Lansing Ave

3137 Ashland Ave

2927 Dempster St NE

4212 Ivy Ave

1939 McCalla Ave
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.

2110 Brown Ave

519 E Churchwell Ave, Unit Apt 3

510 14th St

1117 Folsom Ave

2329 Dodson 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.

3821 Selma Ave

3821 Hampton Ave

813 Hall of Fame Dr

515 Ben Hur Ave

1004 Game Day Way

3089 Washington Pike
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.

105 James Agee St

1507 Highland Ave
Five Points, Knoxville, TN Local Guide

How much does it cost to rent a home in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points 2 Bedroom Homes for Rent | $1,862 | $780 | $5,000 |
| Five Points 3 Bedroom Homes for Rent | $2,080 | $1,325 | $3,600 |
| Five Points 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| Five Points 6 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Knoxville, TN.
Explore Knoxville
Five Points, Knoxville, TN Local Guide
- Nearby Knoxville neighborhoods
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of Knoxville, TN is a 3 Beds unit found at The Landings priced from $799. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landings | The Tennessee- Limited Availability | 3BR,2BA | $799 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
| North Hills Apartments | The Glen | 1BR,1BA | $935 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $950 |
| 2436 Belvedere Ave | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Five Points, TN
As of November 29, 2025 the best value apartment in the Five Points 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 Five Points apartment is the The French Broad Model at Rivers Edge Apartments starting at $2,347 with a $1.74 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Five Points 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 |
| Rivers Edge Apartments | The French Broad | 3BR,2BA | $1.74 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.89 |
| Highland Terrace Communities | Highland Terrace 2 Bed 2 Bath Small | 2BR,2BA | $1.50 |
| The Dandridge | Three Bed One Bath | 3BR,1BA | $1.30 |
| First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
| The Shiloh Ridge Apartments | 1 Bed | 1BR,1BA | $1.59 |
| North Hills Apartments | The Peak | 1BR,1BA | $1.50 |
| 3935 Linden Ave, Unit 11 | 3935 Linden Ave | 1BR,1BA | $1.60 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
Don'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
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 LifestyleFive Points, Knoxville, TN
Ranked #17
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 244 Apartments for Rent in Five Points, TN with pricing that ranges from $799 to $5,049. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $780 to $7,500.
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 $780 to $7,500 with an average monthly rent of $2,933.
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 $799 to $4,315, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $829.
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.
