Cheap Homes for Rent in Oakwood Neighborhood of Knoxville, TN from $700 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oakwood area of Knoxville.

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.

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.

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 1 Bed unit found at Forestdale Village priced from $900. Oakview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Forestdale Village1BD/1BA1BR,1BA$900
Oakview Apartments1-bedroom1BR,1BA$935
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
North Hills ApartmentsThe Glen1BR,1BA$975
Golf View Apartments2-bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Oakwood, TN

As of June 18, 2025 the best value apartment in the Oakwood area is the $1.30 price per square foot 2BR/2BA Model at Maple Sunset Apartments in the in the West Knoxville neighborhood starting from $1,555. The second greatest value Oakwood apartment is the 3x2 Model at Summercrest Apartments starting at $1,435 with a $1.33 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.
Maple Sunset Apartments2BR/2BA2BR,2BA$1.30
Summercrest Apartments3x23BR,2BA$1.33
Castle Terrace Apartments2BR/1.0BA2BR,1BA$1.20
Liberty View ApartmentsLiberty View Apartments2BR,1BA$1.44
Williamsburg Village2 Bed 1 Bath with washer/dryer2BR,1BA$1.20
Golf View Apartments2-bedroom2BR,1BA$1.00
First Creek at Austin2 BR2BR,1BA$1.48
1703 E 5th Ave, Unit 21703 E 5th Ave1BR,1BA$1.28
Forestdale Village1BD/1BA1BR,1BA$1.32
Oakview Apartments1-bedroom1BR,1BA$1.44

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Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 206 Apartments for Rent in Oakwood, TN with pricing that ranges from $917 to $6,522. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $750 to $3,000.

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 $750 to $3,000 with an average monthly rent of $1,973.

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 $999 to $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,199.

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.

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.