Cheap Apartments for Rent in Knoxville, AL from $400 (17 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Knoxville, AL Local Guide

Cheapest Available Knoxville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knoxville, AL is a 1 Bed unit found at Flex Studio Apartments in the Skyland McFarland neighborhood priced from $495. Forest Lake Apartments in the West Tuscaloosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flex Studio Apartments1BR/1.0BA1BR,1BA$495
Forest Lake ApartmentsSmall One BR1BR,1BA$699
The Oakley1x11BR,1BA$700
The Greens at Tuscaloosa I/IIClassic Deluxe II1BR,1BA$825
The Links at TuscaloosaClassic Deluxe II1BR,1BA$825

Best Value Apartments for Rent in Knoxville, AL and Nearby

As of May 11, 2025 the best value apartment in the Knoxville area is the $1.06 price per square foot Cali Model at The Grove Moundville in the starting from $1,878. The second greatest value Knoxville apartment is the 3x3 Townhome Model at Magnolia, A Prosper Community starting at $1,460 with a $0.99 price per square foot in the Skyland McFarland neighborhood. Here is today’s list of the best values for Knoxville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove MoundvilleCali4BR,2BA$1.06
Magnolia, A Prosper Community3x3 Townhome3BR,3BA$0.99
Union Tuscaloosa4x44BR,4BA$1.14
Riverfront VillageCapstone3BR,3BA$0.69
High Country Apartments3Bed - 2Bath3BR,2BA$1.02
Hallmark at Garden ParkwayTwo Bedroom2BR,2BA$0.98
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
Canterbury Apartment HomesTwo Bed - One and Half Bath2BR,1.5BA$1.03
Aspen Village Apartment Homes2 Bedroom 1 Bath Aspen Village2BR,1BA$1.04
The Oakley1x11BR,1BA$1.13

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Explore Knoxville, AL Rentals by Map

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Frequently Asked Questions about Cheap Knoxville Apartments

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

The lowest price for a Cheap One Bedroom Knoxville Apartment is $495 at Flex Studio Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Knoxville is starting from $900 at Copper Creek.

What is the most affordable Knoxville Three Bedroom Apartment?

The best deal on a cheap Knoxville Three Bedroom Apartment rental is at High Country Apartments and starts from $1,139.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.