
Cheap Homes for Rent in the Oakwood Neighborhood of Knoxville, TN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Knoxville.


1939 McCalla Ave

3300-3374 Valley View Dr NE

302 N Olive St, Unit 201

4321 Bruhin Rd, Unit 1
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.

4645 Anderson Pl

1201 N Central St

820 Luttrell St

710 Belleaire Ave

2716 Carson Ave
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.

1638 Maple View Way
Oakwood, Knoxville, TN Local Guide

How much does it cost to rent a home in Oakwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakwood 2 Bedroom Homes for Rent | $1,735 | $1,025 | $3,450 |
| Oakwood 3 Bedroom Homes for Rent | $2,191 | $1,800 | $3,295 |
| Oakwood 4 Bedroom Homes for Rent | $2,733 | $2,300 | $3,400 |
| Oakwood 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4308 Bounds Rd | Apt H | 1BR,1BA | $850 |
| North Hills Apartments | The Glen | 1BR,1BA | $875 |
| Canyon and Knox Landing Apartments | Knox S1 | Studio,1BA | $879 |
| Oakview Apartments | 1-bedroom | 1BR,1BA | $920 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $945 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1422 Coker Ave, Unit Apt 2 | 1422 Coker Ave | 1BR,1BA | $1.33 |
| Kinley Lofts | B3 | 2BR,1.5BA | $1.40 |
| Liberty View Apartments | Liberty View Apartments | 2BR,1BA | $1.35 |
| Williamsburg Village | 2 Bed 1 Bath with washer/dryer | 2BR,1BA | $1.20 |
| Cassell Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.21 |
| 205 E Springdale Ave, Unit 205 | 205 E Springdale Ave | 2BR,1BA | $1.47 |
| North Hills Apartments | The Peak | 1BR,1BA | $1.33 |
| Forestdale Village | 1BD/1BA | 1BR,1BA | $1.47 |
| Oakview Apartments | 1-bedroom | 1BR,1BA | $1.42 |
| 4308 Bounds Rd | Apt H | 1BR,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 ArticleDon'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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleOakwood, Knoxville, TN
Ranked #21
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 205 Apartments for Rent in Oakwood, TN with pricing that ranges from $800 to $4,213. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $925 to $3,450.
What is the current price range for Rental Homes in Oakwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $925 to $3,450 with an average monthly rent of $1,920.
How much are larger Three and Four Bedroom Rentals in Oakwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $899 to $3,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,683.
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

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.

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.

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.

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

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.

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.

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.

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.