Cheap Apartments for Rent in the Oakwood Neighborhood of Knoxville, TN from $400 (57 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

Read Article

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.

Read Article
property at 2716 Carson Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2716 Carson Ave

KnoxvilleTN37917
close
View Me
Westview Apartments
1 Bedroom Apartments

Westview Apartments

3212 Joyce AveKnoxville, TN 37921
  • Utilities Included

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.

Read Article
close
View Me
2601-2609 Bridalwood Dr
2 Bedroom Apartments

2601-2609 Bridalwood Dr

2601-2609 Bridalwood DrKnoxville, TN 37917
  • Utilities Included
close
View Me
Whittle Springs
1 to 2 Bedroom Apartments

Whittle Springs

4415 Whittle Springs RdKnoxville, TN 37917
  • Utilities Included
close
View Me
4308 Bounds Rd
1 Bedroom Apartments

4308 Bounds Rd

4308 Bounds RdKnoxville, TN 37912
close
View Me
Meadowbrook Apartments
2 to 3 Bedroom Apartments

Meadowbrook Apartments

3610 Lyons WayKnoxville, TN 37917
  • Utilities Included

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.

Read Article
close
View Me
Rand Holly Berry
1 Bedroom Apartments

Rand Holly Berry

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

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included
close
View Me
The Flats at The Pike
1 to 2 Bedroom Apartments

The Flats at The Pike

1501 Washington PikeKnoxville, TN 37917
  • Utilities Included
close
View Me
The Flats at The View
1 to 2 Bedroom Apartments

The Flats at The View

2809 Valley View DrKnoxville, TN 37917
  • Utilities Included
close
View Me
Sterchi's Lofts
Studio to 4 Bedroom Apartments

Sterchi's Lofts

116 S Gay StKnoxville, TN 37902
  • Utilities Included
close
View Me
1701-1705 Hutchinson
1 to 2 Bedroom Apartments

1701-1705 Hutchinson

1701-1705 Hutchison AveKnoxville, TN 37917

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
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 1 Bed unit found at 4308 Bounds Rd priced from $850. North Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
4308 Bounds RdApt H1BR,1BA$850
North Hills ApartmentsThe Glen1BR,1BA$875
Canyon and Knox Landing ApartmentsKnox S1Studio,1BA$879
Oakview Apartments1-bedroom1BR,1BA$920
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$945
Windsor Court ApartmentsCanterburyStudio,1BA$957
1901 E. 5th Ave - NEW Flint Rock - FL1901 E. 5th Ave - NEW Flint Rock - FL - 022BR,1BA$995
Forestdale Village1BD/1BA1BR,1BA$1,000
1701-1705 Hutchinson1 Bedroom, 1 Bathroom1BR,1BA$1,150
The Park at Fountain CityA11BR,1BA$1,150

Best Value Apartments for Rent in Oakwood, TN

As of July 15, 2026 the best value apartment in the Oakwood area is the $1.33 price per square foot 1422 Coker Ave Model at 1422 Coker Ave, Unit Apt 2 in the in the West Knoxville neighborhood starting from $1,500. The second greatest value Oakwood apartment is the B3 Model at Kinley Lofts starting at $1,395 with a $1.40 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.
1422 Coker Ave, Unit Apt 21422 Coker Ave1BR,1BA$1.33
Kinley LoftsB32BR,1.5BA$1.40
Liberty View ApartmentsLiberty View Apartments2BR,1BA$1.35
Williamsburg Village2 Bed 1 Bath with washer/dryer2BR,1BA$1.20
Cassell Ridge2 Bedroom 2 Bathroom2BR,2BA$1.21
205 E Springdale Ave, Unit 205205 E Springdale Ave2BR,1BA$1.47
North Hills ApartmentsThe Peak1BR,1BA$1.33
Forestdale Village1BD/1BA1BR,1BA$1.47
Oakview Apartments1-bedroom1BR,1BA$1.42
4308 Bounds RdApt H1BR,1BA$1.44

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Oakwood, Knoxville, TN

Ranked #21

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,150.

What is the price of a cheap apartment in Oakwood?

The cheapest apartment in Oakwood is 4308 Bounds Rd which is listed at $850, while the average apartment in Oakwood costs $1,683.

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 75 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 $1,203 which is $480 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.

Helpful Local Expert Guides

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

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

Written by: Wendy Melton

Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.

decorative image for Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses article

Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses

Written by: Wendy Melton

With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.

decorative image for Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee article

Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee

Written by: Wendy Melton

Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.