Cheap Homes for Rent in Louisville, TN from $1,200 (11 Rentals)

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property at 1120 Franck St

1120 Franck St

AlcoaTN37701

Louisville, TN Local Guide

Cheapest Available Louisville Apartments for Rent

 

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 $1,100. Raintree Apartments in the West Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,159. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District KnoxvilleMove In Special-November/December1BR,1BA$1,100
Raintree ApartmentsStyle 12BR,1BA$1,159
Hudson on the Greenway1 Bedroom | One Bathroom1BR,1BA$1,199
The Everly1 Bedroom1BR,1BA$1,199
River Hill TownhomesCobalt2BR,1BA$1,249

Best Value Apartments for Rent in Louisville, TN

As of November 16, 2025 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 Lincoln Model at The Villas of Emerald Woods starting at $2,235 with a $1.50 price per square foot in the West Knoxville 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
The Villas of Emerald WoodsThe Lincoln3BR,2.5BA$1.50
Deane Hill Apartments3B townhouse3BR,2.5BA$1.36
Village at Westland Cove ApartmentsWatermark2BR,2BA$1.42
The Villas on Wallace RoadWindsor2BR,2BA$1.57
Raintree ApartmentsStyle 5 & 62BR,1.5BA$1.29
River Hill TownhomesCobalt2BR,1.5BA$1.24
Johnathan's Ridge ApartmentsTwo Bedroom2BR,1BA$1.37
The Reserve at Maryville ApartmentsA - The Bellevue1BR,1BA$1.57
Riverside South3 Bedroom B3BR,1BA$1.46

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Pet Friendly Lifestyle
Louisville, TN

Ranked #61

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Louisville

What type of rentals are currently available in Louisville?

There are currently 51 Apartments for Rent in Louisville, TN with pricing that ranges from $850 to $3,339. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Louisville ranging from $1,200 to $5,500.

What is the current price range for Rental Homes in Louisville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Louisville ranges from $1,200 to $5,500 with an average monthly rent of $2,748.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.