Cheap Apartments for Rent in the Oakwood Neighborhood of Knoxville, TN from $400 (52 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
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
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 Sylvia
1 to 2 Bedroom Apartments

Rand Sylvia

160 Sylvia DrKnoxville, TN 37912
  • Utilities Included
close
View Me
Rand Holly Berry
1 Bedroom Apartments

Rand Holly Berry

916 E Inskip DrKnoxville, TN 37912
  • 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
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
Sterchi's Lofts
Studio to 4 Bedroom Apartments

Sterchi's Lofts

116 S Gay StKnoxville, TN 37902
  • Utilities Included
close
View Me
Rand at Sharps Ridge
1 to 3 Bedroom Apartments

Rand at Sharps Ridge

2000 Dutch Valley DrKnoxville, TN 37918
Corporate Housing

Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses

Looking for a rental in Knoxville? Our guide breaks down 20+ neighborhoods with affordable housing, great schools, and easy access to job opportunities across Knox County.

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 Studio unit found at Canyon and Knox Landing Apartments priced from $879. Oakview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
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$954
Forestdale Village1BD/1BA1BR,1BA$1,000
Cassell Ridge2 Bedroom 2 Bathroom2BR,2BA$1,003
Rand Stockton Apartment HomesA Stockton 1 bedroom 12 month lease Special1BR,1BA$1,005
The Park at Fountain CityA11BR,1BA$1,060
Central Terrace2br- FMR2BR,1BA$1,150
Castle Terrace Apartments2BR/1.0BA2BR,1BA$1,185

Best Value Apartments for Rent in Oakwood, TN

As of May 31, 2026 the best value apartment in the Oakwood area is the $1.40 price per square foot 3x2 Model at Summercrest Apartments in the in the West Knoxville neighborhood starting from $1,506. The second greatest value Oakwood apartment is the 2BR/1.0BA Model at Castle Terrace Apartments starting at $1,185 with a $1.16 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.
Summercrest Apartments3x23BR,2BA$1.40
Castle Terrace Apartments2BR/1.0BA2BR,1BA$1.16
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$1.24
205 E Springdale Ave, Unit 205205 E Springdale Ave2BR,1BA$1.47
Central Terrace2br- FMR2BR,1BA$1.33
Overlook at Beaumont Western 1 LP2 Bedroom - Affordable2BR,2BA$1.46
Forestdale Village1BD/1BA1BR,1BA$1.47
Oakview Apartments1-bedroom1BR,1BA$1.42

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 #24

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 the Cheapest Studio apartment in Oakwood?

Currently the most affordable Cheap Studio Apartment in Oakwood is at Canyon and Knox Landing Apartments listed at $879.

How much is rent for a Cheap One Bedroom Oakwood Apartment?

The lowest price for a Cheap One Bedroom Oakwood Apartment is $920 at Oakview Apartments.

What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $1,003 at Cassell Ridge.

What is the most affordable Oakwood Three Bedroom Apartment?

The best deal on a cheap Oakwood Three Bedroom Apartment rental is at Cassell Ridge and starts from $1,154.

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 Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting article

Knoxvilles College Scene: An Experts 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.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.