Cheap Apartments for Rent in the University of Tennessee Neighborhood of Knoxville, TN from $600 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University of Tennessee area of Knoxville.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916
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316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916
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The Knox (old)
3 to 5 Bedroom Apartments

The Knox (old)

1511 W Clinch AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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Highland Terrace IV
1 to 2 Bedroom Apartments

Highland Terrace IV

2329-2343 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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The Highland On Laurel
1 Bedroom Apartments

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
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The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

University of Tennessee, Knoxville, TN Local Guide

Cheapest Available University of Tennessee Apartments for Rent

 

The cheapest available apartment rental in the University of Tennessee area of Knoxville, TN is a 1 Bed unit found at 16th Place Apartments priced from $780. Commons at Knoxville has the second lowest priced unit, which is a 3 Beds apartment currently listed from $849. Here are the most affordable University of Tennessee apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
Commons at KnoxvilleC13BR,2BA$849
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
The Standard at KnoxvillePeerless 3 - 4Br, 4Ba4BR,4BA$1,100
Maplehurst1 Bedroom1BR,1BA$1,124

Best Value Apartments for Rent in University of Tennessee, TN

As of July 25, 2025 the best value apartment in the University of Tennessee area is the $2.67 price per square foot C1 Model at Livano Knoxville in the in the West Knoxville neighborhood starting from $3,810. The second greatest value University of Tennessee apartment is the B2 Model at The Davy starting at $1,609 with a $1.81 price per square foot in the North Knoxville neighborhood. Here is today’s list of the best values for University of Tennessee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Livano KnoxvilleC13BR,2BA$2.67
The DavyB22BR,2BA$1.81
The Standard at KnoxvilleFulmer 5 - 2Br, 2Ba2BR,2BA$2.01
One RiverwalkA61BR,1BA$2.79
Highland Avenue Apartments1st Floor2BR,1BA$1.98
The TributeSHOTGUN 1 BDR1BR,1BA$2.57
16th Place ApartmentsTwo Bedroom2BR,1BA$1.59
Maplehurst1 Bedroom1BR,1BA$1.70
Tradition KnoxvilleAbrams1BR,1BA$2.41
Commons at KnoxvilleB12BR,1BA$2.20

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Pet Friendly Lifestyle
University Of Tennessee, Knoxville, TN

Ranked #44

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap University of Tennessee Apartments

What is a cheap apartment in University of Tennessee?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Tennessee is under $1,846.

What is the price of a cheap apartment in University of Tennessee?

The cheapest apartment in University of Tennessee is 16th Place Apartments which is listed at $780, while the average apartment in University of Tennessee costs $2,060.

What types of apartments are the cheapest in University of Tennessee?

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 71 regular apartments in University of Tennessee 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 University of Tennessee?

Cheap apartments in University of Tennessee have an average cost of $1,336 which is $724 cheaper than the average rent for all rentals in University of Tennessee.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.