
Cheap Homes for Rent in Townsend, TN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Townsend.


3521 Mint Rd

713 Court St

505 S Cedar St

320 Carter Ave
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.

131 Stanley Ave

444 Louisville Rd

7268 Old Tuckaleechee Rd

720 Houston Ave

519 S Old Sevierville Pike
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.
Townsend, TN Local Guide

How much does it cost to rent a home in Townsend?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Townsend 2 Bedroom Homes for Rent | $1,543 | $1,100 | $2,000 |
| Townsend 3 Bedroom Homes for Rent | $2,191 | $1,795 | $3,100 |
| Townsend 4 Bedroom Homes for Rent | $2,966 | $2,500 | $3,500 |
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Townsend, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Ridge Apartments | Junior Apartment | Studio,1BA | $875 |
| Evergreen Terrace | One Bedroom remodel | 1BR,1BA | $985 |
| Red Bud Apartments | 2Bd/1Ba | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Townsend, TN and Nearby
As of December 27, 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 $2,600 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Preston Park | Preston Park | 3BR,3.5BA | $1.21 |
| Cherokee Farmhouse Villas | 4x3 | 4BR,3BA | $1.18 |
| Smoky Crossing Apartment Homes | B2 - The Rosemont | 2BR,2.5BA | $1.38 |
| Eastgate Condominiums | 2 Bedroom | 2BR,2BA | $1.33 |
| Slate at 901 | 4x2B | 4BR,2BA | $1.04 |
| Bridgeway Apartments | Fremont | 2BR,2BA | $1.23 |
| River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.24 |
| Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.00 |
| Johnathan's Ridge Apartments | Two Bedroom | 2BR,1BA | $1.37 |
| Riverside South | 3 Bedroom B | 3BR,1BA | $1.42 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 Townsend
What type of rentals are currently available in Townsend?
There are currently 52 Apartments for Rent in Townsend, TN with pricing that ranges from $800 to $3,052. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Townsend ranging from $800 to $3,500.
What is the current price range for Rental Homes in Townsend?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Townsend ranges from $800 to $3,500 with an average monthly rent of $1,749.
How much are larger Three and Four Bedroom Rentals in Townsend?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Townsend range from $830 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $870.
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!