Cheap Homes for Rent in Knoxville, TN from $300 (49 Rentals)

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Search the lowest-cost Homes available for rent right now in Knoxville.

property at 1058 Dalton Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1058 Dalton Ln

KnoxvilleTN37923

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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property at 1928 Vermont Ave

$1,000 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,050
Total Monthly Price
$1,000 - $1,050

1 Bedroom, 1 Bath Home for Rent

Available May 8

1928 Vermont Ave

KnoxvilleTN37921
property at 525 E Morelia Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

525 E Morelia Ave

KnoxvilleTN37917

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 867 N Gallaher View Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

867 N Gallaher View Rd

KnoxvilleTN37923
property at 1507 Highland Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

4 Bedroom, 2 Bath Condo for Rent

Available Jul 1

1507 Highland Ave, Unit #B402, Unit #B402

1507 Highland Ave
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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Showing Results 1-49, Page 1 of 1

Knoxville, TN Local Guide

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 04/23/2026

Current apartment rentals in the Knoxville, TN area range in price from $325 to $5,500 with an overall median price of $3,081. The three Knoxville neighborhoods with the lowest median rent pricing are Burlington at $625, Fort Sanders at $900, and Inskip at $1,150. 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$1,800$62512
Fort Sanders$2,100$9002
Inskip$2,100$1,1508
Middlebrook Heights$2,250$1,2003
Fountain City$2,297$9009
Downtown Knoxville$2,300$9008
Maplehurst$2,300$9009
Marble City$2,322$90020
Norwood$2,375$32518
Colonial Village$2,400$1,0007

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 2 Beds unit found at Tradition Knoxville in the West Knoxville neighborhood priced from $799. 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
Tradition KnoxvilleSpence2BR,1BA$799
Society 8653SA - Sigma3BR,2BA$799
16th Place ApartmentsOne Bedroom1BR,1BA$880
Windsor Court ApartmentsCranbrook1BR,1BA$899
The District KnoxvilleMove In Special!!!!1BR,1BA$900
Live in Comfort at Evergreen Apartments in Knoxville!1BR/1.0BA1BR,1BA$925
Red Bud1 Bedroom 1 Bath - 495361BR,1BA$930
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$945

Best Value Apartments for Rent in Knoxville, TN

As of April 23, 2026 the best value apartment in the Knoxville area is the $0.33 price per square foot 5 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $1,009. The second greatest value Knoxville apartment is the Eagle Brook Model at Eagle Brook starting at $1,800 with a $1.20 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 Ridge5 Bedroom Townhouse5BR,5BA$0.33
Eagle BrookEagle Brook3BR,2BA$1.20
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.72
West Towne Manor2 Bedroom- Townhouse2BR,1.5BA$0.95
Oak Crest ApartmentsTwo Bedroom2BR,2BA$0.81
Walker Springs ApartmentsAzalea2BR,2BA$1.09
Slate at 9014x2B4BR,2BA$1.04
Raintree ApartmentsStyle 22BR,1.5BA$1.20
Cedar Ridge ApartmentsOne Bedroom Apartment1BR,1BA$1.18
Tradition KnoxvilleSpence2BR,1BA$1.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.

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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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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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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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Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 889 Apartments for Rent in Knoxville, TN with pricing that ranges from $725 to $5,683. There are also 451 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $325 to $5,500.

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 $325 to $5,500 with an average monthly rent of $2,172.

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 $750 to $4,969, while Three Bedroom Homes, Condos, and Townhomes for rent range from $450 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $725.

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

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.