Cheap Apartments for Rent in Louisville, TN from $800 (52 Rentals)

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Park Place North
1 to 3 Bedroom Apartments

Park Place North

119-124 Lakeview CtLouisville, TN 37777

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Bel-Air
2 Bedroom Apartments

Bel-Air

1636 Louisville RdAlcoa, TN 37701

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.

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Louisville, TN Local Guide

Cheapest Available Louisville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Louisville, TN is a 1 Bed unit found at The District Knoxville in the West Hills neighborhood priced from $900. Cedar Hill in the West Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $955. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District KnoxvilleMove In Special!!!!1BR,1BA$900
Cedar HillStudio One Bath OpenStudio,1BA$955
Hudson on the Greenway1 Bedroom | One Bathroom1BR,1BA$1,049
Raintree ApartmentsStyle 12BR,1BA$1,222
The Grove at Deane HillThe Clancy1BR,1BA$1,245
Bridgeway ApartmentsAmbassador1BR,1BA$1,275
The Reserve at Raintree1 Bedroom1BR,1BA$1,326
Copper PointeOne Bedroom | One Bathroom1BR,1BA$1,339
River Hill TownhomesCobalt2BR,1BA$1,375
Ridge at Hamilton CrossingThe Collins1BR,1BA$1,385

Best Value Apartments for Rent in Louisville, TN and Nearby

As of May 17, 2026 the best value apartment in the Louisville area is the $1.23 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,900. The second greatest value Louisville apartment is the C - The Biltmore Model at The Reserve at Maryville Apartments starting at $1,861 with a $1.27 price per square foot in the Maryville Alcoa neighborhood. Here is today’s list of the best values for Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston ParkPreston Park3BR,3.5BA$1.23
The Reserve at Maryville ApartmentsC - The Biltmore3BR,2BA$1.27
Camellia TraceThe Appalachian3BR,2BA$1.10
The Villas on Wallace RoadChesterfield3BR,2BA$1.48
Mountain View2BR Townhouse2BR,1.5BA$1.22
Deane Hill Apartments2 Bedroom 2 Bath2BR,2BA$1.20
Heritage Lake ApartmentsThe Cherokee2BR,2BA$1.40
River Hill TownhomesCobalt2BR,1.5BA$1.36
Raintree ApartmentsStyle 12BR,1BA$1.22
The Reserve at Raintree1 Bedroom1BR,1BA$1.47

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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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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Location, Location, Location!

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Frequently Asked Questions about Cheap Louisville Apartments

What is the Cheapest Studio apartment in Louisville?

Currently the most affordable Cheap Studio Apartment in Louisville is at Cedar Hill listed at $955.

How much is rent for a Cheap One Bedroom Louisville Apartment?

The lowest price for a Cheap One Bedroom Louisville Apartment is $900 at The District Knoxville.

What is the lowest price for a Cheap Two Bedroom Louisville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Louisville is starting from $1,210 at The District Knoxville.

What is the most affordable Louisville Three Bedroom Apartment?

The best deal on a cheap Louisville Three Bedroom Apartment rental is at The District Knoxville and starts from $1,460.

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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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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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.

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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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.