Cheap Homes for Rent in South Waterfront Neighborhood of Knoxville, TN from $1,500 (10 Rentals)

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Search the lowest-cost Homes 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.

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.

property at 3039 Dow Dr

3039 Dow Dr

KnoxvilleTN37920
property at 3118 Dow Dr

3118 Dow Dr

KnoxvilleTN37920

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

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

Quick Rent Budget Calculator

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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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Frequently Asked Questions about South Waterfront

What type of rentals are currently available in South Waterfront?

There are currently 104 Apartments for Rent in South Waterfront, TN with pricing that ranges from $775 to $4,115. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Waterfront ranging from $1,500 to $3,600.

What is the current price range for Rental Homes in South Waterfront?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Waterfront ranges from $1,500 to $3,600 with an average monthly rent of $1,993.

How much are larger Three and Four Bedroom Rentals in South Waterfront?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Waterfront range from $775 to $4,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $999.

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! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.