
Cheap Homes for Rent in Island Home Neighborhood of Knoxville, TN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Home area of Knoxville.


2147 Berea Ave
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.

515 Ben Hur Ave

3427 S Haven Rd

813 Hall of Fame Dr
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.
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 | $2,100 | $1,299 | $5,000 |
| Island Home 3 Bedroom Homes for Rent | $1,880 | $1,299 | $2,500 |
| Island Home 4 Bedroom Homes for Rent | $2,000 | $1,950 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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- Full Apartment | 3BR,2BA | $799 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
| The Shiloh Ridge Apartments | 2 Bed | 2BR,1BA | $950 |
Best Value Apartments for Rent in Island Home, TN
As of December 16, 2025 the best value apartment in the Island Home area is the $1.67 price per square foot The French Broad Model at Rivers Edge Apartments in the in the North Knoxville neighborhood starting from $2,254. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rivers Edge Apartments | The French Broad | 3BR,2BA | $1.67 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.89 |
| Southside Flats | 3B Type B 50% PBV | 3BR,2BA | $1.51 |
| The Dandridge | Three Bed One Bath | 3BR,1BA | $1.30 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.00 |
| First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
| Young High Flats | 2-A Type B-60% | 2BR,2BA | $1.32 |
| The Shiloh Ridge Apartments | 1 Bed | 1BR,1BA | $1.59 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $1.70 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
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.
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.
Pet Friendly LifestyleIsland Home, Knoxville, TN
Ranked #28
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 123 Apartments for Rent in Island Home, TN with pricing that ranges from $799 to $3,052. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Home ranging from $975 to $5,000.
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 $975 to $5,000 with an average monthly rent of $1,929.
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 $799 to $2,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,950 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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!
