
Cheap Apartments for Rent in the Island Home Neighborhood of Knoxville, TN from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Home area of Knoxville.


Morningside Gardens Apartments

Evergreen Terrace

Red Bud Apartments

City South Apartments

The Dandridge
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2436 Belvedere Ave

4001 Island Home Pike, Unit 1

Southmont Apartments

First Creek at Austin

The Adelade

2400 Woodbine Ave, Unit 2400 Woodbine Ave Unit 2
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Island Home, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Island Home?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island Home Studio Apartments | $1,447 | $800 | $1,750 |
Island Home 1 Bedroom Apartments | $1,800 | $945 | $3,349 |
Island Home 2 Bedroom Apartments | $2,032 | $1,050 | $5,199 |
Island Home 3 Bedroom Apartments | $1,789 | $799 | $2,795 |
Island Home 4 Bedroom Apartments | $1,349 | $999 | $1,580 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Island Home Neighborhood of Knoxville, TN.
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Island Home, Knoxville, TN Local Guide
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Cheapest Available Island Home Apartments for Rent
 The cheapest available apartment rental in the Island Home area of Knoxville, TN is a 3 Beds unit found at The Landings priced from $799. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Island Home apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Landings | The Tennessee- Limited Availability | 3BR,2BA | $799 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $985 |
City South Apartments | Studio - 612 | Studio,1BA | $1,023 |
Southside Flats | 1A Type B 60% | 1BR,1BA | $1,054 |
Best Value Apartments for Rent in Island Home, TN
As of September 15, 2025 the best value apartment in the Island Home 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 Island Home apartment is the 3-B Type B-50%-PBV/ Low ARD Model at Young High Flats starting at $1,892 with a $1.55 price per square foot in the South Knoxville neighborhood. Here is today’s list of the best values for Island Home apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4001 Island Home Pike, Unit 1 | 4001 Island Home Pike | 2BR,1BA | $0.13 |
Young High Flats | 3-B Type B-50%-PBV/ Low ARD | 3BR,2BA | $1.55 |
The Henley | Urban | 2BR,2BA | $1.46 |
The Dandridge | Three Bed One Bath - UPG | 3BR,1BA | $1.60 |
Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.50 |
First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
2436 Belvedere Ave | 2 Bedroom | 2BR,1.5BA | $1.59 |
2400 Woodbine Ave, Unit 2400 Woodbine Ave Unit 2 | 2400 Woodbine Ave | 2BR,1BA | $1.60 |
Southside Flats | 1A Type B 60% | 1BR,1BA | $1.58 |
Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.70 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleIsland Home, Knoxville, TN
Ranked #22
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Tennessee and customized analysis for Knoxville, Tennessee. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, places to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Island Home Apartments
What is the Cheapest Studio apartment in Island Home?
Currently the most affordable Cheap Studio Apartment in Island Home is at City South Apartments listed at $1,023.
How much is rent for a Cheap One Bedroom Island Home Apartment?
The lowest price for a Cheap One Bedroom Island Home Apartment is $935 at Morningside Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Island Home Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Island Home is starting from $1,100 at The Dandridge.
What is the most affordable Island Home Three Bedroom Apartment?
The best deal on a cheap Island Home Three Bedroom Apartment rental is at The Landings and starts from $799.
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.

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.

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.

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.

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.