Cheap Apartments for Rent in the South Waterfront Neighborhood of Knoxville, TN from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Waterfront area of Knoxville.

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.

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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916

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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316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916
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Southside Flats
1 to 3 Bedroom Apartments

Southside Flats

2727 Fort Stanley wayKnoxville, TN 37920
  • Utilities Included
property at 510 14th St

510 14th St

KnoxvilleTN37916

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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Young High Flats
2 to 3 Bedroom Apartments

Young High Flats

121 E Young High PikeKnoxville, TN 37920
  • Utilities Included
Showing Results 1-19, Page 1 of 1

South Waterfront, Knoxville, TN Local Guide

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 The Landings priced from $799. Southside Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $947. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
The LandingsThe Tennessee- Limited Availability3BR,2BA$799
Southside Flats2B Type B 50%2BR,2BA$947
MaplehurstEfficiencyStudio,1BA$978
Highland Terrace CommunitiesHighland Terrace 1 Bed 1 Bath1BR,1BA$999
City South ApartmentsStudio - 612Studio,1BA$1,040

Best Value Apartments for Rent in South Waterfront, TN

As of September 20, 2025 the best value apartment in the South Waterfront area is the $2.18 price per square foot 2 Bedroom Model at South Banks at Suttree Landing in the in the North Knoxville neighborhood starting from $2,403. The second greatest value South Waterfront apartment is the 2-A Type A-60% Model at Young High Flats starting at $1,265 with a $1.32 price per square foot in the South Knoxville neighborhood. Here is today’s list of the best values for South Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Banks at Suttree Landing2 Bedroom2BR,2BA$2.18
Young High Flats2-A Type A-60%2BR,2BA$1.32
811 East DowntownThe Henley2BR,2BA$2.17
The LandingsThe Volunteer - Limited Availability2BR,2BA$2.11
The HenleyMetro1BR,1BA$1.94
One RiverwalkA81BR,1BA$2.69
Highland Avenue Apartments1st Floor2BR,1BA$1.98
The Scene at 2300Two Bedroom / One Bath2BR,1BA$2.25
Southside Flats1A Type B 60%1BR,1BA$1.58
Highland Terrace CommunitiesHighland Terrace 1 Bed 1 Bath1BR,1BA$1.82

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Pet Friendly Lifestyle
South Waterfront, Knoxville, TN

Ranked #31

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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!

Getting Around the South Waterfront Neighborhood in Knoxville, TN

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap South Waterfront Apartments

What is the Cheapest Studio apartment in South Waterfront?

Currently the most affordable Cheap Studio Apartment in South Waterfront is at Maplehurst listed at $978.

How much is rent for a Cheap One Bedroom South Waterfront Apartment?

The lowest price for a Cheap One Bedroom South Waterfront Apartment is $999 at Highland Terrace Communities.

What is the lowest price for a Cheap Two Bedroom South Waterfront Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Waterfront is starting from $947 at Southside Flats.

What is the most affordable South Waterfront Three Bedroom Apartment?

The best deal on a cheap South Waterfront Three Bedroom Apartment rental is at The Landings and starts from $799.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.