Cheap Apartments for Rent in the Norwood Neighborhood of Knoxville, TN from $500 (15 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Pine Ridge Apartments
2 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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Rand Sylvia
1 to 2 Bedroom Apartments

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included

Norwood, Knoxville, TN Local Guide

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 $960. Meadowood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Oakview Apartments1-bedroom1BR,1BA$960
Meadowood Apartments1x11BR,1BA$1,060
North Park ApartmentsA11BR,1BA$1,075
Altitude @ 6313Studio Elevation 4000Studio,1BA$1,099
Steeplechase Apartment HomesA2 - 1 Bedroom, 1 Bathroom1BR,1BA$1,176

Best Value Apartments for Rent in Norwood, TN

As of July 29, 2025 the best value apartment in the Norwood area is the $1.55 price per square foot Pleasant Stables Model at Pleasant Ridge Stables in the in the West Knoxville neighborhood starting from $2,350. The second greatest value Norwood apartment is the Emerarld Pines Model at Breckenridge Apartments starting at $1,745 with a $1.29 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$1.55
Breckenridge ApartmentsEmerarld Pines2BR,2BA$1.29
Cross Creek PreserveThe Weldon2BR,1.5BA$1.48
Waterford Village2 Bed 1.5 Bath Townhome2BR,1.5BA$1.49
Rand at TilleryTwo Bedroom Townhouse2BR,1.5BA$1.50
Kinley LoftsB32BR,1.5BA$1.60
Creek Ridge ApartmentsMeadowlark2BR,1BA$1.35
Sunrise Ridge2BR-C2BR,2BA$1.83
Meadowood Apartments1x11BR,1BA$1.39
Oakview Apartments1-bedroom1BR,1BA$1.48

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Norwood, Knoxville, TN

Ranked #34

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Norwood Apartments

How much is rent for a Cheap One Bedroom Norwood Apartment?

The lowest price for a Cheap One Bedroom Norwood Apartment is $960 at Oakview Apartments.

What is the lowest price for a Cheap Two Bedroom Norwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood is starting from $1,175 at Creek Ridge Apartments.

What is the most affordable Norwood Three Bedroom Apartment?

The best deal on a cheap Norwood Three Bedroom Apartment rental is at Waterford Village and starts from $1,743.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.