
Cheap Homes for Rent in South Waterfront Neighborhood of Knoxville, TN from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South Waterfront area of Knoxville.


3831 Cherokee Woods Way
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.

3708 Spruce Ridge Way

410 Sir Keegan Way
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.

228 Hawthorne Ave
South Waterfront, Knoxville, TN Local Guide

How much does it cost to rent a home in South Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Waterfront 2 Bedroom Homes for Rent | $1,682 | $850 | $2,250 |
| South Waterfront 3 Bedroom Homes for Rent | $2,064 | $790 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Knoxville, TN.
Explore Knoxville
Cheapest Available South Waterfront Apartments for Rent
 The cheapest available apartment rental in the South Waterfront area of Knoxville, TN is a 2 Beds unit found at Oak Crest Apartments priced from $1,000. Maplehurst has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $1,000 |
| Maplehurst | Efficiency | Studio,1BA | $1,025 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in South Waterfront, TN
As of July 01, 2026 the best value apartment in the South Waterfront area is the $0.83 price per square foot Two Bedroom Model at Oak Crest Apartments in the in the North Knoxville neighborhood starting from $1,000. The second greatest value South Waterfront apartment is the Urban Model at The Henley starting at $1,684 with a $1.53 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. |
|---|---|---|---|
| Oak Crest Apartments | Two Bedroom | 2BR,2BA | $0.83 |
| The Henley | Urban | 2BR,2BA | $1.53 |
| Young High Flats | 2-A Type B-60% | 2BR,2BA | $1.31 |
| The Landings | The Volunteer - Full Apartment | 2BR,2BA | $2.28 |
| South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.36 |
| One Riverwalk | A8 | 1BR,1BA | $3.06 |
| 811 East Downtown | The Market | 1BR,1BA | $2.25 |
| Southside Flats | 1A Type B 60% | 1BR,1BA | $1.64 |
| Flagship Kern's Apartments | Academic Year 2026 - 2027 - A1 | 1BR,1BA | $2.61 |
| Marble Alley Lofts | A - Mica | 1BR,1BA | $3.06 |
Frequently Asked Questions about South Waterfront
What type of rentals are currently available in South Waterfront?
There are currently 99 Apartments for Rent in South Waterfront, TN with pricing that ranges from $865 to $4,750. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Waterfront ranging from $750 to $4,000.
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 $750 to $4,000 with an average monthly rent of $1,723.
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

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.

Knoxvilles College Scene: An Experts 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.

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.

Welcome to Knoxville: A Local Experts 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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.