4308 Bounds Rd NW
KnoxvilleTN37912
Cheap Homes for Rent in Oakwood Neighborhood of Knoxville, TN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Knoxville.
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$8951 Bedroom Apartments Available Now
302 Olive St, Unit 202
302 Olive StKnoxville, TN 37917
706 Chickamauga Ave
KnoxvilleTN37917
3300-3374 Valley View Dr NE
KnoxvilleTN37917
813 Hall of Fame Dr
KnoxvilleTN37917
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.
4805 Poplar Crest Way
KnoxvilleTN37918
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$1,1952 Bedroom Apartments Available Now
4321 Bruhin Rd, Unit 2
4321 Bruhin RdKnoxville, TN 37912
4645 Anderson Pl
KnoxvilleTN37918
1506 Exeter Ave NW
KnoxvilleTN37921
218 W Columbia Ave
KnoxvilleTN37917
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.
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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 | $1,627 | $1,025 | $2,200 |
| Oakwood 3 Bedroom Homes for Rent | $2,124 | $1,275 | $3,495 |
| Oakwood 4 Bedroom Homes for Rent | $2,163 | $1,595 | $2,900 |
| Oakwood 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summercrest Apartments | 3x2 | 3BR,2BA | $1.40 |
| Castle Terrace Apartments | 2BR/1.0BA | 2BR,1BA | $1.16 |
| 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 | $1.24 |
| 205 E Springdale Ave, Unit 205 | 205 E Springdale Ave | 2BR,1BA | $1.47 |
| Central Terrace | 2br- FMR | 2BR,1BA | $1.33 |
| Overlook at Beaumont Western 1 LP | 2 Bedroom - Affordable | 2BR,2BA | $1.46 |
| 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.
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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 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.
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Pet Friendly LifestyleOakwood, Knoxville, TN
Ranked #24
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 211 Apartments for Rent in Oakwood, TN with pricing that ranges from $799 to $4,500. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $875 to $3,495.
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 $875 to $3,495 with an average monthly rent of $1,985.
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 $1,154 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,595 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 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.
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
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.
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.
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.
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.