Cheap Apartments for Rent in Townsend, TN from $600 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Townsend.

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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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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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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Showing Results 1-21, Page 1 of 1

Townsend, TN Local Guide

Cheapest Available Townsend Apartments for Rent and Nearby

 

The cheapest available apartment rental in Townsend, TN is a Studio unit found at Cedar Ridge Apartments in the South Knoxville neighborhood priced from $875. Evergreen Terrace in the North Knoxville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Townsend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Ridge ApartmentsJunior ApartmentStudio,1BA$875
Evergreen TerraceOne Bedroom remodel1BR,1BA$985
City South ApartmentsStudio - 612Studio,1BA$1,064
2436 Belvedere AveStudioStudio,1BA$1,075
Coleson Creek ApartmentsOne Bedroom Garden1BR,1BA$1,125

Best Value Apartments for Rent in Townsend, TN and Nearby

As of November 06, 2025 the best value apartment in the Townsend 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 Townsend apartment is the 4x3 Model at Cherokee Farmhouse Villas starting at $2,700 with a $1.23 price per square foot in the South Knoxville neighborhood. Here is today’s list of the best values for Townsend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston ParkPreston Park3BR,3.5BA$1.21
Cherokee Farmhouse Villas4x34BR,3BA$1.23
Eastgate Condominiums2 Bedroom2BR,2BA$1.50
Slate at 9014x2B4BR,2BA$1.04
Cottages at Cades CoveOLIVER2BR,2BA$1.50
The Reserve at Maryville ApartmentsB - The Stratford2BR,2BA$1.49
River Hill TownhomesCobalt2BR,1.5BA$1.24
Smoky Crossing Apartment HomesB1 - The Laurel2BR,1.5BA$1.57
Red Bud Apartments2Bd/1.5Ba2BR,1.5BA$1.50
Johnathan's Ridge ApartmentsTwo Bedroom2BR,1BA$1.37

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Townsend, TN Rentals by Map

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See the most popular apartments and homes in Townsend, TN

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Getting Around Townsend, TN

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Townsend Apartments

What is the Cheapest Studio apartment in Townsend?

Currently the most affordable Cheap Studio Apartment in Townsend is at Cedar Ridge Apartments listed at $875.

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

The lowest price for a Cheap One Bedroom Townsend Apartment is $985 at Evergreen Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Townsend is starting from $1,100 at Cedar Ridge Apartments.

What is the most affordable Townsend Three Bedroom Apartment?

The best deal on a cheap Townsend Three Bedroom Apartment rental is at Hub Knoxville and starts from $1,600.

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.