Cheap Apartments for Rent in Louisville, TN from $800 (43 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.

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.

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.

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.

property at 1120 Franck St

$1,275 - $1,495

1 To 2 Bedroom Rentals

Available Now

1120 Franck St

AlcoaTN37701
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Bel-Air
2 Bedroom Apartments

Bel-Air

1636 Louisville RdAlcoa, TN 37701

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Louisville, TN Local Guide

Cheapest Available Louisville Apartments for Rent

 

The cheapest available apartment rental in Louisville, TN is a 2 Beds unit found at The District Knoxville in the West Hills neighborhood priced from $1,010. Tiffany Square in the West Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,020. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District Knoxville2x1-Laurel-PR2BR,1BA$1,010
Tiffany Square2 Bedroom2BR,1BA$1,020
Riverside South3 Bedroom A3BR,1BA$1,244
Bridgeway ApartmentsAmbassador1BR,1BA$1,275
Mountain View1 Bedroom1BR,1BA$1,299
River Hill TownhomesCobalt2BR,1BA$1,375
The Reserve at Maryville ApartmentsA - The Bellevue1BR,1BA$1,451
Deane Hill Apartments2 Bedroom 2 Bath2BR,2BA$1,470
Heritage Lake ApartmentsThe Cherokee2BR,2BA$1,493
Amberleigh BluffA21BR,1BA$1,513

Best Value Apartments for Rent in Louisville, TN

As of July 01, 2026 the best value apartment in the Louisville area is the $1.21 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,850. The second greatest value Louisville apartment is the The Appalachian Model at Camellia Trace starting at $1,555 with a $1.10 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$1.21
Camellia TraceThe Appalachian3BR,2BA$1.10
Deane Hill Apartments2 Bedroom 2 Bath2BR,2BA$1.20
The Villas on Wallace RoadWindsor2BR,2BA$1.46
Bridlewood on WestlandSeabiscuit2BR,2BA$1.52
Ridge at Hamilton CrossingThe Buckley2BR,2BA$1.47
River Hill TownhomesCobalt2BR,1.5BA$1.36
Tiffany Square2 Bedroom2BR,1.5BA$1.08
Riverside South3 Bedroom A3BR,1BA$1.47
The District Knoxville2x1-Laurel-R2BR,1BA$1.39

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Louisville Apartments

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

The lowest price for a Cheap One Bedroom Louisville Apartment is $1,275 at Bridgeway Apartments.

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 $1,010 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 Riverside South and starts from $1,244.

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.

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Welcome to Knoxville: A Local Experts 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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.