Cheap Homes for Rent in the South Waterfront Neighborhood of Knoxville, TN from $1,345 (3 Rentals)

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

property at 228 Hawthorne Ave
$1,345
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

228 Hawthorne Ave

KnoxvilleTN37920

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.

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.

Best Value Homes for Rent in South Waterfront, TN

As of September 29, 2026 the best value rental home in the South Waterfront area is the $1.44 price per square foot 524 Goldfinch Ave Model at 524 Goldfinch Ave in the South Knoxville neighborhood starting from $1,950. The second greatest value South Waterfront rental home is the 1121 Tree Top Way Model at 1121 Tree Top Way, Unit 1422 in the West Knoxville neighborhood starting at $2,250 with a $1.69 price per square foot. Here is today’s list of the best values for South Waterfront homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
524 Goldfinch Ave524 Goldfinch Ave3BR, 1BA$1.44
1121 Tree Top Way, Unit 14221121 Tree Top Way3BR, 3BA$1.69
603 W Main St603 W Main St2BR, 2BA$2.42

Frequently Asked Questions about South Waterfront

What type of rentals are currently available in South Waterfront?

There are currently 102 Apartments for Rent in South Waterfront, TN with pricing that ranges from $720 to $4,290. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Waterfront ranging from $1,345 to $2,600.

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 $1,345 to $2,600 with an average monthly rent of $2,141.

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 $790 to $4,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,770 and Four Bedroom Apartments start at $720.

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

decorative image for Welcome to Knoxville: A Local Expert's Guide to Renting in the Heart of Tennessee article

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.

decorative image for Knoxville Living: Mapping Your Next Apartment Near the City's Biggest Businesses article

Knoxville Living: Mapping Your Next Apartment Near the City's 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.

decorative image for Knoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting article

Knoxville's 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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.