
Cheap Homes for Rent in Townsend, TN from $1,100 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Townsend.


1409 Sevierville Rd

7052 E Lamar Alexander Pkwy, Unit 12

7052 E Lamar Alexander Pkwy, Unit 3

7052 E Lamar Alexander Pkwy, Unit 10
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.

111 Gray Squirrel Ln

507 S Cedar St

513 S Cedar St

1715 Tuckaleechee Pike

338 Shooting Star Loop, Unit 105
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.

916 Brentwood Dr

106 Persimmon Way

520 Briarcliff Way

625 S Asbury Rd

6233 Steffner Cir
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.
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 | $1,526 | $1,150 | $1,800 |
| Townsend 3 Bedroom Homes for Rent | $2,350 | $1,850 | $2,850 |
| Townsend 4 Bedroom Homes for Rent | $2,678 | $1,850 | $3,595 |
Browse Top Homes for Rent in Townsend
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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 1 Bed unit found at Evergreen Terrace in the North Knoxville neighborhood priced from $900. Maplehurst in the West Knoxville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. 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 | $900 |
| Maplehurst | Efficiency | Studio,1BA | $1,025 |
| 2436 Belvedere Ave | Studio | Studio,1BA | $1,075 |
| The Villas at Kyker Ferry | 1 Bedroom Second Level | 1BR,1BA | $1,109 |
| Living Fully Sevierville | The Forge | Studio,1BA | $1,129 |
Best Value Apartments for Rent in Townsend, TN and Nearby
As of July 15, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Preston Park | Preston Park | 3BR,3.5BA | $1.21 |
| Cherokee Farmhouse Villas | 4x3 | 4BR,3BA | $1.23 |
| Topside 333 | 3 Bed - Handicap | 3BR,2BA | $1.35 |
| Smoky Crossing Apartment Homes | C - The Sierra | 3BR,2.5BA | $1.21 |
| Eastgate Condominiums | 2 Bedroom | 2BR,2BA | $1.33 |
| Ridge at Hamilton Crossing | The Leconte | 2BR,2BA | $1.41 |
| Slate at 901 | 4x2B | 4BR,2BA | $0.93 |
| The Henley | Urban | 2BR,2BA | $1.47 |
| River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.36 |
| Quarry Trail | 2BR/2BA - A1 - ELITE | 2BR,2BA | $1.41 |
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 ArticleReal 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.
Read ArticleQuick 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.
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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 55 Apartments for Rent in Townsend, TN with pricing that ranges from $799 to $3,274. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Townsend ranging from $1,150 to $3,595.
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 $1,150 to $3,595 with an average monthly rent of $2,184.
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 $799 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $799.
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

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.

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.

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.

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.