1106 Tree Top Way
KnoxvilleTN37920
Cheap Apartments for Rent in the South Waterfront Neighborhood of Knoxville, TN from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Waterfront area of Knoxville.
1105 Tree Top Way
KnoxvilleTN37920
1105 Tree Top Way, Unit The Woodlands 3BR 3BA, Unit The Woodlands 3BR 3BA
1105 Tree Top Way
KnoxvilleTN37920
1121 Tree Top Way
KnoxvilleTN37920
1100 Tree Top Way
KnoxvilleTN37920
3914 Cherokee Woods Way
KnoxvilleTN37920
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.
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$900
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1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$900
Total Monthly Price
$900
1402 Grand Ave, Unit C, Unit C
1402 Grand AveKnoxville, TN 37916
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$925 - $1,650Studio to 2 Bedroom Apartments Available Now
Highland Terrace Communities
1319 Highland AveKnoxville, TN 37916
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$950 - $1,2301 to 2 Bedroom Apartments Available Now
Cherokee Ridge Apartments
301 Woodlawn PikeKnoxville, TN 37920
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$950 - $1,1502 to 3 Bedroom Apartments Available Now
Oak Crest Apartments
904 Knotty Oak WayKnoxville, TN 37920
1106 Tree Top Way
KnoxvilleTN37920
1101 Tree Top Way
KnoxvilleTN37920
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.
3825 Cherokee Woods Way
KnoxvilleTN37920
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$1,019 - $3,2781 to 2 Bedroom Apartments Available Now
City South Apartments
2004 City Vista WayKnoxville, TN 37920
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$1,025 - $1,650Studio to 4 Bedroom Apartments Available Now
Maplehurst
814 W Hill AveKnoxville, TN 37902
1211 Highland Ave, Unit 302, Unit 302
1211 Highland Ave
KnoxvilleTN37916
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2 Bedroom Apartments
1309 Forest Ave
1309 Forest AveKnoxville, TN 37916
3831 Cherokee Woods Way
KnoxvilleTN37920
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.
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2 Bedroom Apartments
316 James Agee St
316 James Agee StKnoxville, TN 37916
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1 Bedroom Apartments
White Avenue Apartments
1303 White AveKnoxville, TN 37916
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2 Bedroom Apartments
Chapman Square Apartments
121 Taliwa CtKnoxville, TN 37920
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Studio Apartments
Hidden Ridge Apartments
2110-2114 Sherrod RdKnoxville, TN 37920
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Studio Apartments
612 South Studios
612 Gertrude AveKnoxville, TN 37920
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1 to 3 Bedroom Apartments
Southside Flats
2727 Fort Stanley wayKnoxville, TN 37920
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.
410 Sir Keegan Way
KnoxvilleTN37916
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2 to 3 Bedroom Apartments
Young High Flats
121 E Young High PikeKnoxville, TN 37920
Showing Results 1-26, Page 1 of 1
South Waterfront, Knoxville, TN Local Guide
How much does it cost to rent an apartment in South Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Waterfront Studio Apartments | $1,393 | $925 | $2,120 |
| South Waterfront 1 Bedroom Apartments | $1,823 | $825 | $4,100 |
| South Waterfront 2 Bedroom Apartments | $2,234 | $975 | $4,785 |
| South Waterfront 3 Bedroom Apartments | $2,209 | $750 | $4,275 |
| South Waterfront 4 Bedroom Apartments | $1,113 | $989 | $1,448 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Knoxville, TN.
See all Apartments in KnoxvilleExplore Knoxville
South Waterfront, Knoxville, TN Local Guide
- Nearby Knoxville neighborhoods
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Cheapest Available South Waterfront Apartments for Rent
The cheapest available apartment rental in the South Waterfront area of Knoxville, TN is a 3 Beds unit found at Oak Crest Apartments priced from $950. Cherokee Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Crest Apartments | Three Bedroom | 3BR,2BA | $950 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $950 |
| City South Apartments | Studio - 612 | 1BR,1BA | $1,019 |
| Maplehurst | Efficiency | Studio,1BA | $1,025 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1,045 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1,055 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1,252 |
| The Henley | Metro | 1BR,1BA | $1,340 |
| The Scene at 2300 | Two Bedroom / One Bath | 2BR,1BA | $1,575 |
Best Value Apartments for Rent in South Waterfront, TN
As of April 20, 2026 the best value apartment in the South Waterfront area is the $1.51 price per square foot 3-B Type B-50%-PBV/ Low ARD Model at Young High Flats in the in the South Knoxville neighborhood starting from $1,848. The second greatest value South Waterfront apartment is the Two Bedroom Model at Oak Crest Apartments starting at $975 with a $0.81 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for South Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Young High Flats | 3-B Type B-50%-PBV/ Low ARD | 3BR,2BA | $1.51 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.81 |
| 710 Phillips Ave, Unit 710-2 | 710 Phillips Ave | 2BR,1BA | $1.68 |
| Foggy Bottom Flats | Two Bedroom - Townhomes | 2BR,2.5BA | $2.18 |
| The Henley | Metro | 1BR,1BA | $1.68 |
| The Scene at 2300 | Two Bedroom / One Bath | 2BR,1BA | $2.25 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.56 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $1.46 |
| 1402 Grand Ave, Unit C | 1402 Grand Ave | 1BR,1BA | $1.50 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1.92 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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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Lifestyle Ratings
Our team works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Knoxville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, apartment communities for the kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Waterfront Apartments
What is a cheap apartment in South Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Waterfront is under $1,575.
What is the price of a cheap apartment in South Waterfront?
The cheapest apartment in South Waterfront is Cherokee Ridge Apartments which is listed at $950, while the average apartment in South Waterfront costs $2,250.
What types of apartments are the cheapest in South Waterfront?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 121 regular apartments in South Waterfront that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Waterfront?
Cheap apartments in South Waterfront have an average cost of $1,192 which is $1,058 cheaper than the average rent for all rentals in South Waterfront.
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.
Articles, How-To's, and Tips
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.