
Cheap Homes for Rent in the Oakwood Neighborhood of Knoxville, TN from $925 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Knoxville.


109 N Cruze St

2304 E 5th Ave

706 Chickamauga Ave

4806 Central Ave Pike

1015 W Parkway Ave
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Discover why Knoxville, Tennessee is one of the South's best places to rent. Explore top neighborhoods, universities, restaurants, and everything the city has to offer.

1013 W Parkway Ave

3813 Fairmont Blvd

813 Hall of Fame Dr

3089 Washington Pike

253 Atlantic Ave

710 Belleaire Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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 | $1,902 | $1,150 | $3,450 |
| Oakwood 3 Bedroom Homes for Rent | $2,024 | $1,295 | $3,400 |
| Oakwood 4 Bedroom Homes for Rent | $2,365 | $1,795 | $3,200 |
| Oakwood 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Canyon and Knox Landing Apartments priced from $849. Windsor Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $870. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canyon and Knox Landing Apartments | Knox S1 | Studio,1BA | $849 |
| Windsor Court Apartments | Edinboro | Studio,1BA | $870 |
| Oakview Apartments | 1-bedroom | 1BR,1BA | $920 |
| Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $945 |
| 1701-1705 Hutchinson | 1 Bedroom, 1 Bathroom | 1BR,1BA | $985 |
Best Value Apartments for Rent in Oakwood, TN
As of August 29, 2026 the best value apartment in the Oakwood area is the $1.24 price per square foot 3br-60% Model at Central Terrace in the in the West Knoxville neighborhood starting from $1,443. The second greatest value Oakwood apartment is the Liberty View Apartments Model at Liberty View Apartments starting at $1,349 with a $1.35 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. |
|---|---|---|---|
| Central Terrace | 3br-60% | 3BR,2BA | $1.24 |
| Liberty View Apartments | Liberty View Apartments | 2BR,1BA | $1.35 |
| Cassell Ridge | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Castle Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1.26 |
| 205 E Springdale Ave, Unit 205 | 205 E Springdale Ave | 2BR,1BA | $1.47 |
| Kinley Lofts | A2 | 1BR,1BA | $1.45 |
| Golf View Apartments | 2-bedroom | 2BR,1BA | $1.50 |
| The Park at Fountain City | A1 | 1BR,1BA | $1.51 |
| Forestdale Village | 1BD/1BA | 1BR,1BA | $1.47 |
| Oakview Apartments | 1-bedroom | 1BR,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 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 #22
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 218 Apartments for Rent in Oakwood, TN with pricing that ranges from $849 to $5,079. There are also 70 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 $1,947.
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 $1,295 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,795 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.