Cheap Apartments for Rent in the Norwood Neighborhood of Knoxville, TN from $500 (27 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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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1712 Vada Cir

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Apr 15

1712 Vada Cir

KnoxvilleTN37912

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Pine Ridge Apartments
1 to 3 Bedroom Apartments

Pine Ridge Apartments

4700 Schubert RdKnoxville, TN 37912
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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
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Rand at Tillery
1 to 3 Bedroom Apartments

Rand at Tillery

4501 Tillery RdKnoxville, TN 37912

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Showing Results 1-27, Page 1 of 1

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. North Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
BouldercrestStudioStudio,1BA$950
North Park ApartmentsA21BR,1BA$1,015
Meadowood Apartments1x11BR,1BA$1,040
Creek Ridge ApartmentsWren2BR,1BA$1,050
Steeplechase Apartment HomesA1 - 1 Bedroom, 1 Bathroom1BR,1BA$1,139
Kinley LoftsA21BR,1BA$1,172
Altitude @ 6313Studio Elevation 4000Studio,1BA$1,199
Palmer1 Bedroom1BR,1BA$1,239
Rand at Tillery2x12BR,1BA$1,298
Cross Creek PreserveThe Mays1BR,1BA$1,325

Best Value Apartments for Rent in Norwood, TN

As of April 12, 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$1.43
Kinley LoftsB32BR,1.5BA$1.54
Callahan Flats2 BEDROOM2BR,1BA$1.66
Waterford Village1 Bed 1 Bath1BR,1BA$1.55
Rand at Tillery2x12BR,1BA$1.53
Palmer1 Bedroom1BR,1BA$1.71
Creek Ridge ApartmentsCardinal1BR,1BA$1.62
Meadowood Apartments1 Bed/1 Bath (small)1BR,1BA$1.60

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 $1,325.

What is the price of a cheap apartment in Norwood?

The cheapest apartment in Norwood is North Park Apartments which is listed at $1,015, while the average apartment in Norwood costs $1,724.

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 25 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 $459 which is $1,265 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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.