Cheap Homes for Rent in Knoxville, TN from $400 (61 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 510 14th St

510 14th St

KnoxvilleTN37916
property at 4919 Coster Rd

4919 Coster Rd

KnoxvilleTN37912
property at 1700 Clinch Ave

1700 Clinch Ave

KnoxvilleTN37916

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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property at 1120 Franck St

1120 Franck St

AlcoaTN37701

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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Knoxville, TN Local Guide

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 12/09/2025

Current apartment rentals in the Knoxville, TN area range in price from $450 to $5,700 with an overall median price of $2,820. The three Knoxville neighborhoods with the lowest median rent pricing are Burlington at $849, Holston Hills at $849, and Inskip at $1,060. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Knoxville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Burlington$1,895$84913
Holston Hills$1,897$84951
Inskip$1,922$1,0607
East Knoxville$1,950$84930
Edgewood$1,950$78062
Five Points$1,950$78059
Park City$1,950$84952
Parkridge$1,995$78059
Island Home$2,000$95537
Morningside$2,000$78063

Cheapest Available Knoxville Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
The LandingsThe Tennessee- Limited Availability3BR,2BA$799
Tradition KnoxvilleSpence2BR,1BA$799
Society 8653SA - Sigma3BR,2BA$799
Windsor Court ApartmentsEdinboroStudio,1BA$848
Cedar Ridge ApartmentsJunior ApartmentStudio,1BA$875
Forestdale Village1BD/1BA1BR,1BA$900
The Mark KnoxvilleE1 - 5x55BR,5BA$925
North Hills ApartmentsThe Glen1BR,1BA$935
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
The Shiloh Ridge Apartments2 Bed2BR,1BA$950

Best Value Apartments for Rent in Knoxville, TN

As of December 09, 2025 the best value apartment in the Knoxville area is the $0.35 price per square foot 4 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $1,075. The second greatest value Knoxville apartment is the 4x3 Model at Cherokee Farmhouse Villas starting at $2,700 with a $1.23 price per square foot in the South 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$0.35
Cherokee Farmhouse Villas4x34BR,3BA$1.23
Eagle BrookEagle Brook3BR,2BA$1.20
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.72
Oak Crest ApartmentsTwo Bedroom2BR,2BA$0.89
Slate at 9014x2B4BR,2BA$1.04
Raintree ApartmentsStyle 5 & 62BR,1.5BA$1.22
West Gate Terrace2 Bedroom Garden - Colonial2BR,1BA$1.15
The Cove on Tazewell2 Bedroom2BR,1BA$1.21
Tradition KnoxvilleSpence2BR,1BA$1.07

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.

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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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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.

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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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Knoxville, TN Apartments Map
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Knoxville, TN Rental Homes Map

Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 863 Apartments for Rent in Knoxville, TN with pricing that ranges from $790 to $5,473. There are also 463 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $450 to $5,700.

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 $5,700 with an average monthly rent of $2,410.

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 $790 to $4,315, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,790 and Four Bedroom Apartments start at $829.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!