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$800 - $1,258Studio Apartments Contact Us For Availability
612 South Studios
612 Gertrude AveKnoxville, TN 37920
Cheap Apartments for Rent in the Island Home Neighborhood of Knoxville, TN from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Island Home area of Knoxville.
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Rent Specials
$935 - $1,0601 Bedroom Apartments Contact Us For Availability
Morningside Gardens Apartments
1800 Linden AveKnoxville, TN 37917
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$950 - $1,4501 to 3 Bedroom Apartments Available Now
The Shiloh Ridge Apartments
2627 Wimpole AveKnoxville, TN 37914
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$1,000 - $1,5001 to 2 Bedroom Apartments Available Now
Red Bud Apartments
743-915 E Red Bud RdKnoxville, TN 37920
2337 E 5th Ave
KnoxvilleTN37917
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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$1,064 - $3,668Studio to 2 Bedroom Apartments Available Now
City South Apartments
2004 City Vista WayKnoxville, TN 37920
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$1,075 - $1,395Studio to 2 Bedroom Apartments Available Now
2436 Belvedere Ave
2436 Belvedere AveKnoxville, TN 37920
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$1,200 - $1,3752 Bedroom Apartments Available Now
Southmont Apartments
1415 E Moody AveKnoxville, TN 37920
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$1,225 - $1,7001 to 3 Bedroom Apartments Available Now
First Creek at Austin
1250 Burge DrKnoxville, TN 37915
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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$1,275 - $1,648Studio to 2 Bedroom Apartments Available Now
The Adelade
2701 Sevier AveKnoxville, TN 37920
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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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Showing Results 1-19, Page 1 of 1
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 | $1,430 | $800 | $1,748 |
| Island Home 1 Bedroom Apartments | $1,697 | $945 | $3,249 |
| Island Home 2 Bedroom Apartments | $1,909 | $950 | $5,049 |
| Island Home 3 Bedroom Apartments | $1,665 | $799 | $2,795 |
| Island Home 4 Bedroom Apartments | $1,179 | $999 | $1,448 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Island Home Neighborhood of Knoxville, TN.
See all Apartments in KnoxvilleExplore Knoxville
Island Home, Knoxville, TN Local Guide
- Nearby Knoxville neighborhoods
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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 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $950 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $985 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1,054 |
Best Value Apartments for Rent in Island Home, TN
As of November 03, 2025 the best value apartment in the Island Home area is the $1.68 price per square foot 710 Phillips Ave Model at 710 Phillips Ave, Unit 710-2 in the in the North Knoxville neighborhood starting from $1,850. The second greatest value Island Home apartment is the 2Bd/1.5Ba Model at Red Bud Apartments starting at $1,500 with a $1.50 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. |
|---|---|---|---|
| 710 Phillips Ave, Unit 710-2 | 710 Phillips Ave | 2BR,1BA | $1.68 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.50 |
| First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
| Young High Flats | 2-A Type A-60% | 2BR,2BA | $1.32 |
| The Dandridge | Two Bedroom - One Bath | 2BR,1BA | $1.33 |
| The Henley | Metro | 1BR,1BA | $1.69 |
| The Shiloh Ridge Apartments | 1 Bed | 1BR,1BA | $1.59 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.58 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.70 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe 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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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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If you’re an expert on all things Island Home, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleIsland Home, Knoxville, TN
Ranked #24
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 a cheap apartment in Island Home?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Home is under $1,265.
What is the price of a cheap apartment in Island Home?
The cheapest apartment in Island Home is Morningside Gardens Apartments which is listed at $935, while the average apartment in Island Home costs $1,737.
What types of apartments are the cheapest in Island Home?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 95 regular apartments in Island Home that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Island Home?
Cheap apartments in Island Home have an average cost of $1,005 which is $732 cheaper than the average rent for all rentals in Island Home.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.