Cheap Homes for Rent in Five Points Neighborhood of Knoxville, TN from $700 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

The 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 Article
Showing Results 1-13, Page 1 of 1

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 1 Bed unit found at 16th Place Apartments priced from $780. The Landings has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here are the most affordable Five Points apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
The LandingsThe Tennessee- Limited Availability3BR,2BA$799
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Riverview Park3 X 23BR,2BA$1,025
North Hills ApartmentsThe Peak1BR,1BA$1,050

Best Value Apartments for Rent in Five Points, TN

As of August 29, 2025 the best value apartment in the Five Points area is the $1.28 price per square foot 2-bedroom Model at Emporium Lofts in the in the West Knoxville neighborhood starting from $1,900. The second greatest value Five Points apartment is the The French Broad Model at Rivers Edge Apartments starting at $2,302 with a $1.71 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Emporium Lofts2-bedroom2BR,1BA$1.28
Rivers Edge ApartmentsThe French Broad3BR,2BA$1.71
Riverview Park3 X 23BR,2BA$0.87
The DandridgeThree Bed One Bath - UPG3BR,1BA$1.60
First Creek at Austin2 BR2BR,1BA$1.48
2436 Belvedere Ave2 Bedroom2BR,1.5BA$1.59
2400 Woodbine Ave, Unit 2400 Woodbine Ave Unit 22400 Woodbine Ave2BR,1BA$1.60
Knox High ApartmentsStudioStudio ,1BA$1.67
North Hills ApartmentsThe Peak1BR,1BA$1.50
16th Place ApartmentsTwo Bedroom2BR,1BA$1.59

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Five Points, Knoxville, TN

Ranked #15

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $599 to $10,720. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $750 to $14,850.

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 $14,850 with an average monthly rent of $5,126.

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 $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $599.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.