Cheap Homes for Rent in Five Points Neighborhood of Knoxville, TN from $800 (6 Rentals)

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Cheap Homes in the Five Points area of Knoxville.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 3043 E 5th Ave

3043 E 5th Ave

KnoxvilleTN37914

Knoxville's Best Affordable Neighborhoods

Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

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 Morningside Gardens Apartments priced from $935. North Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Five Points apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
North Hills ApartmentsThe Peak1BR,1BA$1,050
The DandridgeTwo Bedroom - One Bath2BR,1BA$1,100

Best Value Apartments for Rent in Five Points, TN

As of May 04, 2025 the best value apartment in the Five Points area is the $0.56 price per square foot 2122 Brooks Ave Model at 2122 Brooks Ave, Unit Room 1 Master Bedroom in the in the Holston Hills neighborhood starting from $950. The second greatest value Five Points apartment is the 401 E Scott Ave Model at 401 E Scott Ave, Unit 401-1 starting at $1,795 with a $1.63 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.
2122 Brooks Ave, Unit Room 1 Master Bedroom2122 Brooks Ave1BR,2.5BA$0.56
401 E Scott Ave, Unit 401-1401 E Scott Ave2BR,1BA$1.63
River’s Edge ApartmentsThe Tennessee2BR,2BA$1.86
First Creek at Austin2 BR2BR,1BA$1.48
The DavyB22BR,2BA$1.81
The DandridgeTwo Bed OneBath - UPG2BR,1BA$1.58
Knox High ApartmentsOne Bedroom1BR,1BA$1.67
North Hills ApartmentsThe Peak1BR,1BA$1.50
Gardens at Knoxwood2x12BR,1BA$1.85
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71

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Frequently Asked Questions about Five Points

What type of rentals are currently available in Five Points?

There are currently 229 Apartments for Rent in Five Points, TN with pricing that ranges from $780 to $8,990. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $800 to $3,300.

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 $800 to $3,300 with an average monthly rent of $2,126.

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 $999 to $4,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,995 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.

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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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.