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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North Park Apartments
Rent Specials
$1,090 - $2,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $2,285
Required Monthly Fees
$80

Total Monthly Price
$1,090 - $2,365
1 to 3 Bedroom Apartments Available Now

North Park Apartments

5237-5263 Tillery RdKnoxville, TN 37912
Student Housing
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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
  • 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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Cheapest Available Norwood Apartments for Rent

 

The cheapest available apartment rental in the Norwood area of Knoxville, TN is a Studio unit found at Bouldercrest priced from $950. Willow Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
BouldercrestStudioStudio,1BA$950
Willow Creek Apartments1x11BR,1BA$1,040
Meadowood Apartments1 Bed/1 Bath (small)1BR,1BA$1,040
Creek Ridge ApartmentsWren2BR,1BA$1,050
North Park ApartmentsB32BR,1BA$1,090

Best Value Apartments for Rent in Norwood, TN

As of February 25, 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
Willow Creek Apartments1x11BR,1BA$1.00
Breckenridge Apartment Homes2BD/1BA - Dogwood2BR,1BA$1.42
Cross Creek PreserveThe Mays1BR,1BA$1.51
Legacy PointeManning2BR,1BA$1.60
Waterford Village1 Bed 1 Bath1BR,1BA$1.49
North Park ApartmentsC23BR,1BA$1.55
Tillery Ridge Apartment Homes2x12BR,1BA$1.52
Kinley LoftsA11BR,1BA$1.59

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 $1,295.

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is Willow Creek Apartments which is listed at $1,040, while the average apartment in Norwood costs $1,733.

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 23 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 $413 which is $1,320 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

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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.