Cheap Homes for Rent in Island Home Neighborhood of Knoxville, TN from $900 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Island Home area of Knoxville.

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Island Home, Knoxville, TN Local Guide

Cheapest Available Island Home Apartments for Rent

 

The cheapest available apartment rental in the Island Home area of Knoxville, TN is a 2 Beds unit found at The Shiloh Ridge Apartments priced from $950. Evergreen Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable Island Home apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
The Shiloh Ridge Apartments2 Bed2BR,1BA$950
Evergreen TerraceOne Bedroom remodel1BR,1BA$985
Red Bud Apartments2Bd/1Ba2BR,1BA$1,000

Best Value Apartments for Rent in Island Home, TN

As of February 24, 2026 the best value apartment in the Island Home area is the $0.85 price per square foot 1933 Saxton Ave Model at 1933 Saxton Ave in the in the Holston Hills neighborhood starting from $1,100. The second greatest value Island Home apartment is the Two Bedroom Model at Oak Crest Apartments starting at $1,075 with a $0.89 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for Island Home apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1933 Saxton Ave1933 Saxton Ave1BR,1BA$0.85
Oak Crest ApartmentsTwo Bedroom2BR,2BA$0.89
The DandridgeThree Bed One Bath - UPG3BR,1BA$1.60
Red Bud Apartments2Bd/1.5Ba2BR,1.5BA$1.00
Young High Flats2-A Type B-60%2BR,2BA$1.31
The Shiloh Ridge Apartments3 bed3BR,1BA$1.17
2400 Woodbine Ave, Unit 2400 Woodbine Ave Unit 22400 Woodbine Ave2BR,1BA$1.73
The HenleyMetro1BR,1BA$1.76
Southside Flats1A Type B 60%1BR,1BA$1.56
Evergreen TerraceOne Bedroom remodel1BR,1BA$1.70

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Island Home, Knoxville, TN

Ranked #26

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Island Home

What type of rentals are currently available in Island Home?

There are currently 129 Apartments for Rent in Island Home, TN with pricing that ranges from $800 to $3,052. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Home ranging from $995 to $3,200.

What is the current price range for Rental Homes in Island Home?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Home ranges from $995 to $3,200 with an average monthly rent of $2,025.

How much are larger Three and Four Bedroom Rentals in Island Home?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Island Home range from $899 to $2,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,700 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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.