Cheap Apartments for Rent in the Norwood Neighborhood of Knoxville, TN from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Norwood area of Knoxville.

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property at 5112 Schubert Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

5112 Schubert Rd

KnoxvilleTN37912
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Pine Ridge Apartments
1 to 3 Bedroom Apartments

Pine Ridge Apartments

4700 Schubert RdKnoxville, TN 37912
  • Utilities Included
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Pleasant Terrace
1 to 3 Bedroom Apartments

Pleasant Terrace

4601 Pleasant Ridge RdKnoxville, TN 37912
  • Utilities Included
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Rand Sylvia
1 to 2 Bedroom Apartments

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included

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Callahan Flats
2 to 3 Bedroom Apartments

Callahan Flats

1511 Callahan DrKnoxville, TN 37912
  • Utilities Included

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Showing Results 1-28, Page 1 of 1

Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Knoxville, TN is a 1 Bed unit found at Oakview Apartments priced from $920. Bouldercrest has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Oakview Apartments1-bedroom1BR,1BA$920
BouldercrestStudioStudio,1BA$950
Meadowood Apartments1 Bed/1 Bath (small)1BR,1BA$1,040
Creek Ridge ApartmentsWren2BR,1BA$1,050
North Park ApartmentsB32BR,1BA$1,050
Tillery Ridge Apartment Homes1x11BR,1BA$1,128
Steeplechase Apartment HomesA3 - 1 Bedroom, 1 Bathroom1BR,1BA$1,143
Altitude @ 6313Studio Elevation 4000Studio,1BA$1,199
Kinley LoftsB32BR,1BA$1,414
Waterford Village2 Bed 1.5 Bath Townhome2BR,1BA$1,483

Best Value Apartments for Rent in Norwood, TN

As of May 27, 2026 the best value apartment in the Norwood area is the $1.42 price per square foot Pleasant Stables Model at Pleasant Ridge Stables in the in the West Knoxville neighborhood starting from $2,150. The second greatest value Norwood apartment is the Smokey Model at Legacy Pointe starting at $1,610 with a $1.36 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Norwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pleasant Ridge StablesPleasant Stables3BR,2.5BA$1.42
Legacy PointeSmokey2BR,2BA$1.36
Cross Creek PreserveThe Weldon2BR,1.5BA$1.42
Waterford Village2 Bed 1.5 Bath Townhome2BR,1.5BA$1.43
Kinley LoftsB22BR,1.5BA$1.48
North Park ApartmentsB32BR,1BA$1.43
Oakview Apartments1-bedroom1BR,1BA$1.42
Meadowood Apartments1 Bed/1 Bath (small)1BR,1BA$1.60
Creek Ridge ApartmentsCardinal1BR,1BA$1.62
Tillery Ridge Apartment Homes1x11BR,1BA$1.74

Frequently Asked Questions about Cheap Norwood Apartments

What is a cheap apartment in Norwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Norwood is under $1,483.

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is Oakview Apartments which is listed at $920, while the average apartment in Norwood costs $1,732.

What types of apartments are the cheapest in Norwood?

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 4 regular apartments in Norwood 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 Norwood?

Cheap apartments in Norwood have an average cost of $320 which is $1,412 cheaper than the average rent for all rentals in Norwood.

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

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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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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.

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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

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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.

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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.

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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.

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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.