Cheap Apartments for Rent in the University of Tennessee Neighborhood of Knoxville, TN from $600 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

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

316 James Agee St

316 James Agee StKnoxville, TN 37916
close
View Me
Highland Terrace IV
1 to 2 Bedroom Apartments

Highland Terrace IV

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

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
  • Utilities Included

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.

close
View Me
The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing

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 3 Beds unit found at Society 865 priced from $799. Highland Terrace Communities has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable University of Tennessee apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Society 8653SA - Sigma3BR,2BA$799
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
Commons at KnoxvilleC13BR,2BA$1,070
The Standard at KnoxvillePeerless 3 - 4Br, 4Ba4BR,4BA$1,100
MaplehurstStudiosStudio,1BA$1,171

Best Value Apartments for Rent in University of Tennessee, TN

As of May 29, 2025 the best value apartment in the University of Tennessee area is the $1.20 price per square foot D5 Model at Union Knoxville in the in the West Knoxville neighborhood starting from $1,470. 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 Holston Hills 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.
Union KnoxvilleD54BR,4BA$1.20
The DavyB22BR,2BA$1.81
Nova KnoxvilleFrisco B2BR,2BA$1.72
The Standard at KnoxvilleFulmer 5 - 2Br, 2Ba2BR,2BA$2.01
Highland Avenue Apartments1st Floor2BR,1BA$1.98
Tradition KnoxvilleAbrams1BR,1BA$2.41
Commons at KnoxvilleB12BR,1BA$2.20
Society 8652GA - Gamma2BR,2BA$2.03
MaplehurstStudiosStudio ,1BA$2.62
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio ,1BA$2.64

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
University Of Tennessee, Knoxville, TN

Ranked #41

Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,880.

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

The cheapest apartment in University of Tennessee is Maplehurst which is listed at $1,200, while the average apartment in University of Tennessee costs $2,458.

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 83 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 $1,210 which is $1,248 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.

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.