
Cheap Apartments for Rent in the South Waterfront Neighborhood of Knoxville, TN from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Waterfront area of Knoxville.


1121 Tree Top Way

3831 Cherokee Woods Way

1106 Tree Top Way

612 South Studios

Highland Terrace Communities
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1105 Tree Top Way

City South Apartments

Church and Henley Apartments

203 12th St
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510 14th St
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 | $1,293 | $800 | $2,195 |
| South Waterfront 1 Bedroom Apartments | $1,562 | $1,040 | $4,100 |
| South Waterfront 2 Bedroom Apartments | $2,044 | $1,175 | $3,475 |
| South Waterfront 3 Bedroom Apartments | $2,046 | $775 | $4,315 |
| South Waterfront 4 Bedroom Apartments | $1,124 | $999 | $1,448 |
Browse Apartments in this Neighborhood
There are currently 20 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
- Nearby Cities
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- School Districts
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. Highland Terrace Communities has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landings | The Tennessee- Limited Availability | 3BR,2BA | $799 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1,040 |
| City South Apartments | Studio - 612 | Studio,1BA | $1,041 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1,054 |
| Church and Henley Apartments | Satin | Studio,1BA | $1,239 |
Best Value Apartments for Rent in South Waterfront, TN
As of November 16, 2025 the best value apartment in the South Waterfront area is the $1.32 price per square foot 2-A Type A-60% Model at Young High Flats in the in the South Knoxville neighborhood starting from $1,265. The second greatest value South Waterfront apartment is the Metro Model at The Henley starting at $1,343 with a $1.68 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Young High Flats | 2-A Type A-60% | 2BR,2BA | $1.32 |
| The Henley | Metro | 1BR,1BA | $1.68 |
| South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.00 |
| One Riverwalk | A6 | 1BR,1BA | $2.78 |
| 811 East Downtown | The Marble | 1BR,1BA | $2.28 |
| The Landings | The Sunsphere - Limited Availability | 1BR,1BA | $2.36 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.58 |
| Flagship Kerns | A1 | 1BR,1BA | $2.93 |
| Highland Terrace Communities | Highland Terrace 1 Bed 1 Bath | 1BR,1BA | $1.89 |
| Marble Alley Lofts | S - Dobber | Studio ,1BA | $2.78 |
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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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 LifestyleSouth Waterfront, Knoxville, TN
Ranked #31
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 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 $1,539.
What is the price of a cheap apartment in South Waterfront?
The cheapest apartment in South Waterfront is Highland Terrace Communities which is listed at $1,040, while the average apartment in South Waterfront costs $1,999.
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 173 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 $1,128 which is $871 cheaper than the average rent for all rentals in South Waterfront.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.








