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.

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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
Showing Results 1-15, Page 1 of 1

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 2 Beds unit found at Creek Ridge Apartments priced from $1,000. Altitude @ 6313 has the second lowest priced unit, which is a Studio apartment currently listed from $1,007. Here are the most affordable Norwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Creek Ridge ApartmentsWren2BR,1BA$1,000
Altitude @ 6313Studio Elevation 3000Studio,1BA$1,007
Bouldercrest1 Bedroom1BR,1BA$1,075
North Park ApartmentsA21BR,1BA$1,100
Steeplechase Apartment HomesA1 - 1 Bedroom, 1 Bathroom1BR,1BA$1,119

Best Value Apartments for Rent in Norwood, TN

As of November 15, 2025 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
Palmer2 Bedroom2BR,1.5BA$1.27
Cross Creek PreserveThe William2BR,1.5BA$1.36
Waterford Village2 Bed 1.5 Bath Townhome Split2BR,1.5BA$1.53
Kinley LoftsB22BR,1.5BA$1.59
Callahan Flats2 BEDROOM2BR,1BA$1.66
Breckenridge ApartmentsDogwood2BR,1BA$1.42
Carriage Hill2 Bed 1 Bath Townhouse2BR,1BA$1.29
Creek Ridge ApartmentsFinch1BR,1BA$1.57

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Pet Friendly Lifestyle
Norwood, Knoxville, TN

Ranked #42

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

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 $1,399.

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 $1,717.

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 38 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 $451 which is $1,266 cheaper than the average rent for all rentals in Norwood.

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.

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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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.