Cheap Homes for Rent in Knoxville, TN from $700 (84 Rentals)

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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.

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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.

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property at 1120 Franck St

1120 Franck St

AlcoaTN37701

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.

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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.

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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.

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Knoxville, TN Local Guide

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 09/15/2025

Current apartment rentals in the Knoxville, TN area range in price from $699 to $5,199 with an overall median price of $1,871. The three Knoxville neighborhoods with the lowest median rent pricing are Fountain City at $795, Burlington at $959, and Uptown Knoxville at $699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Knoxville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fountain City$1,200$7955
Burlington$1,295$9594
Uptown Knoxville$1,553$699472
Marble City$1,599$699237
West View$1,599$699231
Whittle Springs$1,599$800108
East Knoxville$1,600$94525
Lonsdale$1,609$699165
Holston Hills$1,650$94570
Outer Southside$1,688$699493

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 2 Beds unit found at Oakhill Apartments in the North Knoxville neighborhood priced from $795. Society 865 in the West Knoxville neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $799. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakhill Apartments5540 N. Broadway St. Oak Hills Apartments2BR,1BA$795
Society 8653SA - Sigma3BR,2BA$799
The LandingsThe Tennessee- Limited Availability3BR,2BA$799
Tradition KnoxvilleSpence2BR,1BA$799
Slate at 9013x3 Double3BR,3BA$800
Commons at KnoxvilleC13BR,2BA$849
Cedar Ridge ApartmentsJunior ApartmentStudio,1BA$875
Forestdale Village1BD/1BA1BR,1BA$900
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
BouldercrestStudioStudio,1BA$950

Best Value Apartments for Rent in Knoxville, TN

As of September 15, 2025 the best value apartment in the Knoxville area is the $0.13 price per square foot 4001 Island Home Pike Model at 4001 Island Home Pike, Unit 1 in the in the South Knoxville neighborhood starting from $1,200. The second greatest value Knoxville apartment is the 5 Bedroom Townhouse Model at Knox Ridge starting at $1,049 with a $0.34 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Knoxville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4001 Island Home Pike, Unit 14001 Island Home Pike2BR,1BA$0.13
Knox Ridge5 Bedroom Townhouse5BR,5BA$0.34
6924 E Emory Rd, Unit Halls-Gibbs area Duplex6924 E Emory Rd3BR,2BA$0.87
Hub Knoxville3x23BR,2BA$0.86
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.63
Slate at 9014x34BR,3BA$0.98
West Towne Manor2 Bedroom- Garden2BR,1.5BA$0.90
White Oak CrossingTwo Bedroom2BR,2BA$1.08
Oakhill Apartments5540 N. Broadway St. Oak Hills Apartments2BR,1BA$0.96
Tradition KnoxvilleSpence2BR,1BA$1.07

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Knoxville, TN Rentals by Map

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See the most popular apartments and homes in Knoxville, TN

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Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 870 Apartments for Rent in Knoxville, TN with pricing that ranges from $699 to $13,729. There are also 452 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $795 to $6,400.

What is the current price range for Rental Homes in Knoxville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Knoxville ranges from $795 to $6,400 with an average monthly rent of $2,026.

How much are larger Three and Four Bedroom Rentals in Knoxville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Knoxville range from $775 to $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,349 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.

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 Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.