Cheap Apartments for Rent in the University of Tennessee Neighborhood of Knoxville, TN from $619 (23 Rentals)

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

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.

property at 2718 Painter Ave
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

2718 Painter Ave, Unit C108

2718 Painter Ave
KnoxvilleTN37919
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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916

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.

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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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White Avenue Apartments
1 Bedroom Apartments

White Avenue Apartments

1303 White AveKnoxville, TN 37916
Student Housing
  • Utilities Included
property at 1700 Clinch Ave
$999 - $1,145
Studio Rentals
Available Aug 1, 2027

1700 Clinch Ave

KnoxvilleTN37916
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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
  • Utilities Included
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The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing
property at 228 Hawthorne Ave
$1,345
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

228 Hawthorne Ave

KnoxvilleTN37920

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

Looking for a rental in Knoxville? Our guide breaks down 20+ neighborhoods with affordable housing, great schools, and easy access to job opportunities across Knox County.

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 4 Beds unit found at Commons at Knoxville priced from $729. Tradition Knoxville has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable University of Tennessee apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Commons at KnoxvilleD1 Renovated4BR, 2BA$729
Tradition KnoxvilleSpence2BR, 1BA$850
16th Place ApartmentsOne Bedroom1BR, 1BA$880
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio, 1BA$975
Society 8653SA - Sigma3BR, 2BA$1,020

Best Value Apartments for Rent in University of Tennessee, TN

As of September 29, 2026 the best value apartment in the University of Tennessee area is the $1.82 price per square foot 3 bed 2 bath Model at 11 Place in the West Knoxville neighborhood starting from $3,000. The second greatest value University of Tennessee apartment is the 4BR/4BA - D2 Model at EVER Knoxville in the West Knoxville neighborhood starting at $1,529 with a $1.27 price per square foot. 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.
11 Place3 bed 2 bath3BR, 2BA$1.82
EVER Knoxville4BR/4BA - D24BR, 4BA$1.27
Barclay House ApartmentsTwo Bedroom2BR, 1BA$2.09
Nova KnoxvilleFrisco B2BR, 2BA$1.67
Slate at 9012x22BR, 2BA$1.60
Union KnoxvilleB12BR, 2BA$1.95
Tradition KnoxvillePorters2BR, 1BA$1.15
The Standard at KnoxvilleHelton 1 - 2Br, 2Ba2BR, 2BA$1.99
Hub Knoxville2x1 Lite2BR, 1BA$2.11
Highland Avenue Apartments2nd Floor2BR, 1BA$2.12

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

Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
University Of Tennessee, Knoxville, TN

Ranked #33

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

Pet Friendliness Lifestyle Score

3.5
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 $1,294.

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 $880, while the average apartment in University of Tennessee costs $1,435.

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 222 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 $1,415 which is $20 cheaper than the average rent for all rentals in University of Tennessee.

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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.