Cheap Apartments for Rent in the Oakwood Neighborhood of Knoxville, TN from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Knoxville.

Morningside Gardens Apartments
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.

North Hills Apartments

Canyon & Knox Landing

Golf View Apartments

Rand Stockton

1919 Hoitt Ave

411 Sharp Ln NE

Summit Towers
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.

140 Jennings Ave
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.
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.
Oakwood, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Studio Apartments | $1,654 | $871 | $3,227 |
Oakwood 1 Bedroom Apartments | $1,555 | $935 | $5,566 |
Oakwood 2 Bedroom Apartments | $1,811 | $1,000 | $6,498 |
Oakwood 3 Bedroom Apartments | $2,392 | $999 | $4,050 |
Oakwood 4 Bedroom Apartments | $1,595 | $1,595 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Knoxville, TN.
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Oakwood, Knoxville, TN Local Guide
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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 priced from $871. Forestdale Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windsor Court | Edinboro | Studio,1BA | $871 |
Forestdale Village | 1BD/1BA | 1BR,1BA | $900 |
Oakview Apartments | 1-bedroom | 1BR,1BA | $935 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
North Hills Apartments | The Glen | 1BR,1BA | $975 |
Golf View Apartments | 2-bedroom | 2BR,1BA | $1,000 |
The Flats at The Pike | 2 Beds, 1 bath | 2BR,1BA | $1,075 |
The Park at Fountain City | A1 | 1BR,1BA | $1,150 |
Castle Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1,190 |
Rand at Sharps Ridge | Sharps Ridge 2 Bed | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Oakwood, TN
As of June 23, 2025 the best value apartment in the Oakwood area is the $1.33 price per square foot 3x2 Model at Summercrest Apartments in the in the West Knoxville neighborhood starting from $1,435. The second greatest value Oakwood apartment is the 2B Model at Rocky View Apartments starting at $1,395 with a $1.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Summercrest Apartments | 3x2 | 3BR,2BA | $1.33 |
Rocky View Apartments | 2B | 2BR,2BA | $1.38 |
Liberty View Apartments | Liberty View Apartments | 2BR,1BA | $1.40 |
Golf View Apartments | 2-bedroom | 2BR,1BA | $1.00 |
Williamsburg Village | 2 Bed 1 Bath with washer/dryer | 2BR,1BA | $1.20 |
Castle Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1.25 |
Rand at Sharps Ridge | Sharps Ridge 2 Bed | 2BR,1BA | $1.41 |
The Flats at The Pike | 2 Beds, 1 bath | 2BR,1BA | $1.34 |
Forestdale Village | 1BD/1BA | 1BR,1BA | $1.32 |
Oakview Apartments | 1-bedroom | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOakwood, Knoxville, TN
Ranked #18
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Oakwood Neighborhood in Knoxville, TN
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
33 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,195.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is Forestdale Village which is listed at $900, while the average apartment in Oakwood costs $2,724.
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 $1,159 which is $1,565 cheaper than the average rent for all rentals in Oakwood.
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.

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.

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.

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.

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.