Cheap Apartments for Rent in the Oakwood Neighborhood of Knoxville, TN from $400 (70 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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property at 525 E Morelia Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Townhome for Rent

Available Now

525 E Morelia Ave

KnoxvilleTN37917
property at 1928 Vermont Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Soon

1928 Vermont Ave

KnoxvilleTN37921

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Westview Apartments
1 Bedroom Apartments

Westview Apartments

3212 Joyce AveKnoxville, TN 37921
  • Utilities Included
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2601-2609 Bridalwood Dr
2 Bedroom Apartments

2601-2609 Bridalwood Dr

2601-2609 Bridalwood DrKnoxville, TN 37917
  • 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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Whittle Springs
1 to 2 Bedroom Apartments

Whittle Springs

4415 Whittle Springs RdKnoxville, TN 37917
  • Utilities Included
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Meadowbrook Apartments
2 to 3 Bedroom Apartments

Meadowbrook Apartments

3610 Lyons WayKnoxville, TN 37917
  • Utilities Included
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The Daniel
Studio to 2 Bedroom Apartments

The Daniel

118 W Jackson AveKnoxville, TN 37902
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Rand Holly Berry
1 Bedroom Apartments

Rand Holly Berry

916 E Inskip DrKnoxville, TN 37912
  • Utilities Included
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Rand Sylvia
1 to 2 Bedroom Apartments

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-50, Page 1 of 2

Oakwood, Knoxville, TN Local Guide

Cheapest Available Oakwood Apartments for Rent

 

The cheapest available apartment rental in the Oakwood area of Knoxville, TN is a Studio unit found at Windsor Court Apartments priced from $879. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Windsor Court ApartmentsEdinboroStudio,1BA$879
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$945
The DanielThe Daniel - 219Studio,1BA$980
North Hills ApartmentsThe Peak1BR,1BA$995
Canyon & Knox LandingKnox S1-D1BR,1BA$999
The Park at Fountain CityA11BR,1BA$1,000
Forestdale Village1BD/1BA1BR,1BA$1,000
Cassell Ridge2 Bedroom 2 Bathroom2BR,2BA$1,003
Rand Willoway1BR-Willoway/with-Balcony1BR,1BA$1,053
Kinley LoftsA21BR,1BA$1,135

Best Value Apartments for Rent in Oakwood, TN

As of April 09, 2026 the best value apartment in the Oakwood area is the $1.32 price per square foot 2-bedroom Model at Emporium Lofts in the in the West Knoxville neighborhood starting from $1,900. The second greatest value Oakwood apartment is the 3x2 Model at Summercrest Apartments starting at $1,439 with a $1.33 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emporium Lofts2-bedroom2BR,1BA$1.32
Summercrest Apartments3x23BR,2BA$1.33
Kinley LoftsB32BR,1.5BA$1.51
Liberty View ApartmentsLiberty View Apartments | $500 MOVE IN SPECIAL2BR,1BA$1.20
Cassell Ridge2 Bedroom 2 Bathroom2BR,2BA$1.24
Golf View Apartments2-bedroom2BR,1BA$1.50
The Peaks of Knoxville Apartments2x1-60%2BR,1BA$1.57
North Hills ApartmentsThe Peak1BR,1BA$1.33
The Park at Fountain CityA11BR,1BA$1.45
Forestdale Village1BD/1BA1BR,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting

Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Oakwood, Knoxville, TN

Ranked #24

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Oakwood Apartments

What is a cheap apartment in Oakwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakwood is under $1,135.

What is the price of a cheap apartment in Oakwood?

The cheapest apartment in Oakwood is Windsor Court Apartments which is listed at $899, while the average apartment in Oakwood costs $2,726.

What types of apartments are the cheapest in Oakwood?

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 94 regular apartments in Oakwood 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 Oakwood?

Cheap apartments in Oakwood have an average cost of $909 which is $1,817 cheaper than the average rent for all rentals in Oakwood.

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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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.