Cheap Homes for Rent in Knoxville, TN from $400 (62 Rentals)

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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 510 14th St

510 14th St

KnoxvilleTN37916

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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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.

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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.

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property at 116 S Gay St

116 S Gay St

KnoxvilleTN37902

Knoxville's Best Affordable Neighborhoods

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

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Knoxville, TN Local Guide

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 07/30/2025

Current apartment rentals in the Knoxville, TN area range in price from $599 to $7,499 with an overall median price of $2,083. The three Knoxville neighborhoods with the lowest median rent pricing are Fountain City at $800, Uptown Knoxville at $599, and Whittle Springs at $800. 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$900$8001
Uptown Knoxville$1,586$599321
Whittle Springs$1,595$80037
East Knoxville$1,600$81524
Lakemoor Hills$1,600$77537
Marble City$1,609$699111
West View$1,609$69978
Forest Heights$1,644$77560
Middlebrook Heights$1,644$77578
Lyons View$1,674$77558

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 1 Bed unit found at 16th Place Apartments in the West Knoxville neighborhood priced from $780. Forestdale Village in the Holston Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
Forestdale Village1BD/1BA1BR,1BA$900
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Oakview Apartments1-bedroom1BR,1BA$960
Evergreen TerraceOne Bedroom Remodel1BR,1BA$985
White Oak CrossingTwo Bedroom2BR,2BA$993
Woodview TerraceThe Dogwood1BR,1BA$995
Altitude @ 6313Studio Elevation 3000Studio,1BA$999
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1,000
Golf View Apartments2-bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Knoxville, TN

As of July 30, 2025 the best value apartment in the Knoxville area is the $0.31 price per square foot 4 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $969. The second greatest value Knoxville apartment is the 3 Bedroom, 3 Bath Model at Redpoint Knoxville starting at $849 with a $0.61 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.
Knox Ridge4 Bedroom Townhouse4BR,4BA$0.31
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.61
Woodbury Crossing3 C Floor Plan3BR,2BA$1.00
West Towne Manor2 Bedroom- Garden2BR,1.5BA$0.90
Meadowood Apartments2x22BR,2BA$1.07
River Hill TownhomesCobalt2BR,1.5BA$1.24
Golf View Apartments2-bedroom2BR,1BA$1.00
West Gate Terrace2 Bedroom Garden - Colonial2BR,1BA$1.15
White Oak CrossingTwo Bedroom2BR,2BA$1.08
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1.18

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Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 864 Apartments for Rent in Knoxville, TN with pricing that ranges from $599 to $7,499. There are also 400 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $450 to $22,000.

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 $450 to $22,000 with an average monthly rent of $3,500.

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 $730 to $6,217, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $22,000. Four Bedroom Single-Family rentals are also available starting from $1,900 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.

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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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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.

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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.

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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.