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$7541 Bedroom Apartments Available Aug 13
301 Lippencott St, Unit TBD
301 Lippencott StKnoxville, TN 37920
Cheap Homes for Rent in Island Home Neighborhood of Knoxville, TN from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Home area of Knoxville.
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$8951 Bedroom Apartments Available Now
302 Olive St, Unit 202
302 Olive StKnoxville, TN 37917
813 Hall of Fame Dr
KnoxvilleTN37917
213 W Moody Ave
KnoxvilleTN37920
228 Hawthorne Ave
KnoxvilleTN37920
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.
1443 N 4th Ave
KnoxvilleTN37917
3009 Sevier Ave
KnoxvilleTN37920
2649 Parkview Ave
KnoxvilleTN37914
3528 S Haven Rd
KnoxvilleTN37920
2440 Woodbine 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.
2603 Louise Ave
KnoxvilleTN37914
2400 Center Ave SE
KnoxvilleTN37915
2503 Boyds Bridge Pike
KnoxvilleTN37914
2505 Boyds Bridge Pike
KnoxvilleTN37914
3116 Sunset Ave
KnoxvilleTN37914
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.
2621 Sevier Ave
KnoxvilleTN37920
Showing Results 1-16, Page 1 of 1
Island Home, Knoxville, TN Local Guide
How much does it cost to rent a home in Island Home?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Home 2 Bedroom Homes for Rent | $1,823 | $1,350 | $2,800 |
| Island Home 3 Bedroom Homes for Rent | $2,035 | $1,500 | $3,495 |
| Island Home 4 Bedroom Homes for Rent | $2,097 | $1,895 | $2,300 |
| Island Home 5 Bedroom Homes for Rent | $2,700 | $2,400 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 16 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
- Nearby Knoxville neighborhoods
- Nearby Cities
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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 1 Bed unit found at Evergreen Terrace priced from $900. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Island Home apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $900 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $945 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $950 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $999 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $1,000 |
Best Value Apartments for Rent in Island Home, TN
As of May 25, 2026 the best value apartment in the Island Home area is the $0.83 price per square foot Two Bedroom Model at Oak Crest Apartments in the in the North Knoxville neighborhood starting from $1,000. The second greatest value Island Home apartment is the The Mod Model at The Henley starting at $1,984 with a $1.80 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. |
|---|---|---|---|
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.83 |
| The Henley | The Mod | 2BR,2BA | $1.80 |
| Young High Flats | 2-A Type B-60% | 2BR,2BA | $1.15 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $1.21 |
| The Adelade | Bodhi | 1BR,1BA | $1.99 |
| First Creek at Austin | 1 BR | 1BR,1BA | $1.78 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.56 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $1.46 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.55 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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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Pet Friendly LifestyleIsland Home, Knoxville, TN
Ranked #27
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Island Home
What type of rentals are currently available in Island Home?
There are currently 126 Apartments for Rent in Island Home, TN with pricing that ranges from $754 to $4,213. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Home ranging from $1,300 to $3,495.
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 $1,300 to $3,495 with an average monthly rent of $2,107.
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 $3,809, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,895 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.
Helpful Local Expert Guides
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.
Knoxvilles College Scene: An Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting
Written by: Wendy Melton
Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.
Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses
Written by: Wendy Melton
With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.