Cheap Apartments for Rent in the Norwood Neighborhood of Knoxville, TN from $500 (14 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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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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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
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Rand Sylvia
1 to 2 Bedroom Apartments

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included

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Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Knoxville, TN is a 2 Beds unit found at Creek Ridge Apartments priced from $1,000. Bouldercrest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Creek Ridge ApartmentsWren2BR,1BA$1,000
Bouldercrest1 Bedroom1BR,1BA$1,075
Altitude @ 6313Studio Elevation 4000Studio,1BA$1,099
North Park ApartmentsA21BR,1BA$1,100
Kinley LoftsA21BR,1BA$1,199

Best Value Apartments for Rent in Norwood, TN

As of January 07, 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 2 Bed 2 Bed, Large Garden Model at Carriage Hill starting at $1,255 with a $1.12 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
Carriage Hill2 Bed 2 Bed, Large Garden2BR,2BA$1.12
Cross Creek PreserveThe Weldon2BR,1.5BA$1.32
Waterford Village2 Bed 1.5 Bath Townhome2BR,1.5BA$1.44
Kinley LoftsB22BR,1.5BA$1.59
Rand at Tillery Apartment Homes2x1.52BR,1.5BA$1.40
Callahan Flats2 BEDROOM2BR,1BA$1.66
Breckenridge ApartmentsDogwood2BR,1BA$1.42
Legacy PointeVolunteer1BR,1BA$1.63
Creek Ridge ApartmentsFinch1BR,1BA$1.57

Frequently Asked Questions about Cheap Norwood Apartments

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is Creek Ridge Apartments which is listed at $1,000, while the average apartment in Norwood costs $1,709.

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 42 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 $458 which is $1,251 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.

Articles, How-To's, and Tips

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.