
Cheap Homes for Rent in Townsend, TN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Townsend.


519 Evelyn Ave

511 S Cedar St

507 Benton Cir

326 Olympia Dr
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 | $1,737 | $995 | $2,500 |
Townsend 3 Bedroom Homes for Rent | $2,228 | $1,695 | $3,500 |
Townsend 4 Bedroom Homes for Rent | $2,850 | $2,400 | $3,300 |
Browse Top Homes for Rent in Townsend
Explore Townsend
Townsend, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Townsend Apartments for Rent and Nearby
 The cheapest available apartment rental in Townsend, TN is a 1 Bed unit found at Evergreen Terrace in the North Knoxville neighborhood priced from $985. Cedar Ridge Apartments in the South Knoxville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Townsend apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Evergreen Terrace | One Bedroom Remodel | 1BR,1BA | $985 |
Cedar Ridge Apartments | One Bedroom Apartment | 1BR,1BA | $1,000 |
The Villas at Kyker Ferry | 1 Bedroom Second Level | 1BR,1BA | $1,079 |
Best Value Apartments for Rent in Townsend, TN and Nearby
As of July 30, 2025 the best value apartment in the Townsend area is the $1.19 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,800. The second greatest value Townsend apartment is the B2 - The Vanderbilt Model at The Reserve at Maryville Apartments starting at $1,712 with a $1.40 price per square foot in the Maryville Alcoa 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 | $1.19 |
The Reserve at Maryville Apartments | B2 - The Vanderbilt | 2BR,2BA | $1.40 |
Eastgate Condominiums | 2 Bedroom | 2BR,2BA | $1.50 |
Cottages at Cades Cove | MILL | 2BR,2BA | $1.62 |
Coleson Creek Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.43 |
Mountain Brook | 2 Beds, 2 Baths | 2BR,2BA | $1.60 |
River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.24 |
Red Bud Apartments | 2Bd/1.5Ba | 2BR,1.5BA | $1.50 |
Johnathan's Ridge Apartments | Two Bedroom | 2BR,1BA | $1.26 |
Evergreen Terrace | One Bedroom Remodel | 1BR,1BA | $1.70 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Frequently Asked Questions about Townsend
What type of rentals are currently available in Townsend?
There are currently 47 Apartments for Rent in Townsend, TN with pricing that ranges from $599 to $7,134. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Townsend ranging from $868 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 $868 to $3,500 with an average monthly rent of $2,056.
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 $730 to $7,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $599.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.