3700 Spruce Ridge Way
KnoxvilleTN37920
Cheap Apartments for Rent in the South Waterfront Neighborhood of Knoxville, TN from $699 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Waterfront area of Knoxville.
3704 Spruce Ridge Way
KnoxvilleTN37920
3720 Spruce Ridge Way
KnoxvilleTN37920
3708 Spruce Ridge Way
KnoxvilleTN37920
3831 Cherokee Woods Way
KnoxvilleTN37920
3825 Cherokee Woods Way
KnoxvilleTN37920
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$950 - $1,2301 to 2 Bedroom Apartments Available Now
Cherokee Ridge Apartments
301 Woodlawn PikeKnoxville, TN 37920
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Discover why Knoxville, Tennessee is one of the South's best places to rent. Explore top neighborhoods, universities, restaurants, and everything the city has to offer.
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$975 - $1,105Studio to 2 Bedroom Apartments Available Jan 6, 2027
Highland Terrace Communities
1319 Highland AveKnoxville, TN 37916
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$1,000 - $1,1752 to 3 Bedroom Apartments Available Now
Oak Crest Apartments
904 Knotty Oak WayKnoxville, TN 37920
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$1,025 - $1,650Studio to 4 Bedroom Apartments Available Now
Maplehurst
814 W Hill AveKnoxville, TN 37902
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$1,099 - $1,1991 to 2 Bedroom Apartments Available Now
The Scene at 2300
2300 Davenport RdKnoxville, TN 37920
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Rent Specials
$1,139 - $4,1871 to 2 Bedroom Apartments Available Now
City South Apartments
2004 City Vista WayKnoxville, TN 37920
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$1,398 - $2,3801 to 2 Bedroom Apartments Available Now
The Henley
200 Highwood CtKnoxville, TN 37920
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$1,4801 Bedroom Apartments Contact Us For Availability
Summit Towers
201 Locust StKnoxville, TN 37902
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,500 - $1,6002 Bedroom Apartments Available Now
Highland Avenue Apartments
1201 Highland AveKnoxville, TN 37916
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$1,600 - $4,100Studio to 1 Bedroom Apartments Available Now
The Tribute
625 Cumberland AveKnoxville, TN 37902
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2 Bedroom Apartments
1309 Forest Ave
1309 Forest AveKnoxville, TN 37916
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2 Bedroom Apartments
316 James Agee St
316 James Agee StKnoxville, TN 37916
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Studio Apartments
612 South Studios
612 Gertrude AveKnoxville, TN 37920
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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
Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses
Looking for a rental in Knoxville? Our guide breaks down 20+ neighborhoods with affordable housing, great schools, and easy access to job opportunities across Knox County.
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Studio Apartments
Hidden Ridge Apartments
2110-2114 Sherrod RdKnoxville, TN 37920
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1 to 3 Bedroom Apartments
Southside Flats
2727 Fort Stanley wayKnoxville, TN 37920
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2 to 3 Bedroom Apartments
Young High Flats
121 E Young High PikeKnoxville, TN 37920
228 Hawthorne Ave
KnoxvilleTN37920
1004 Game Day Way
KnoxvilleTN37902
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2 Bedroom Apartments
1501 Clinch Ave
1501 Clinch AveKnoxville, TN 37916
410 Sir Keegan Way
KnoxvilleTN37916
Knoxville's Best Affordable Neighborhoods
Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton
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Studio to 2 Bedroom Apartments
1221 Laurel Avenue House
1221 LaurelKnoxville, TN 37916
1315 Forest Ave
KnoxvilleTN37916
510 14th St
KnoxvilleTN37916
Showing Results 1-31, 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 | $1,481 | $975 | $1,723 |
| South Waterfront 1 Bedroom Apartments | $1,958 | $720 | $4,100 |
| South Waterfront 2 Bedroom Apartments | $2,180 | $855 | $3,685 |
| South Waterfront 3 Bedroom Apartments | $2,082 | $799 | $4,290 |
| South Waterfront 4 Bedroom Apartments | $1,043 | $699 | $3,516 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Knoxville, TN.
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South Waterfront, Knoxville, TN Local Guide
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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 1 Bed unit found at Cherokee Ridge Apartments priced from $950. Oak Crest Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $950 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $1,000 |
| Maplehurst | Efficiency | Studio,1BA | $1,025 |
| Villas Knoxville | Student Housing | RS-C1.2 | 3BR,3BA | $1,059 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1,095 |
| The Scene at 2300 | 1BR/1.0BA | 1BR,1BA | $1,099 |
| City South Apartments | Studio - 612 | 1BR,1BA | $1,139 |
| Young High Flats | 2-B Type B-60% | 2BR,2BA | $1,312 |
| Highland Avenue Apartments | Top Floor | 2BR,1BA | $1,500 |
| Marble Alley Lofts | S - Dobber | Studio,1BA | $1,614 |
Best Value Apartments for Rent in South Waterfront, TN
As of September 05, 2026 the best value apartment in the South Waterfront area is the $1.82 price per square foot 3 bed 2 bath Model at 11 Place in the in the West Knoxville neighborhood starting from $3,000. The second greatest value South Waterfront apartment is the 803 Phillips Ave Model at 803 Phillips Ave, Unit 2 starting at $2,000 with a $1.60 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. |
|---|---|---|---|
| 11 Place | 3 bed 2 bath | 3BR,2BA | $1.82 |
| 803 Phillips Ave, Unit 2 | 803 Phillips Ave | 2BR,1BA | $1.60 |
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.83 |
| South Banks at Suttree Landing | 2 Bedroom | 2BR,2BA | $1.74 |
| The Henley | Urban | 2BR,2BA | $1.49 |
| Young High Flats | 2-A Type A-60% | 2BR,2BA | $1.37 |
| Flagship Kern's Apartments | Academic Year 2026 - 2027 - B1 | 2BR,2BA | $1.11 |
| Knox Row | 2x1 | 2BR,1BA | $1.30 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.64 |
| Cherokee Ridge Apartments | The Appalachia | 1BR,1BA | $1.46 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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 $1,614.
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 $1,942.
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 143 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 $1,248 which is $694 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.
Helpful Local Expert Guides
Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee
Written by: Wendy Melton
Knoxville, Tennessee, is a jewel in the heart of the South. Many travelers who pass through often return again and again because of the hospitality and friendliness of local residents.
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.
Knoxvilles College Scene: An Expert's 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.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.