Cheap Homes for Rent in Knoxville, AL from $500 (7 Rentals)

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property at 901 27th St

901 27th St

TuscaloosaAL35401

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

Best Value Apartments for Rent in Knoxville, AL and Nearby

As of March 25, 2025 the best value apartment in the Knoxville area is the $0.46 price per square foot Metalworks Condo Model at Metalworks Condos in the in the Northport North of River neighborhood starting from $825. The second greatest value Knoxville apartment is the 4x4 Townhome Model at Magnolia, A Prosper Community starting at $1,500 with a $0.88 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.
Metalworks CondosMetalworks Condo3BR,4BA$0.46
Magnolia, A Prosper Community4x4 Townhome4BR,4BA$0.88
Hallmark at Garden ParkwayThree Bedroom3BR,2BA$0.94
City Heights at Skyland (C.H.A.M.)Tradition2BR,2BA$0.78
High Country Apartments3Bed - 2Bath3BR,2BA$0.97
Copper Creek2Bed + 1.5 Bath Townhouse Reno2BR,1.5BA$0.93
Winding CreekTwo Bedroom2BR,2BA$1.07
Canterbury Apartment HomesTwo Bed - One and Half Bath2BR,1.5BA$0.98
Fountain Square Apartment Homes2 Bed 1Bath2BR,1BA$1.08
Valley Square Apartments1 BR 1 BA1BR,1BA$0.99

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Frequently Asked Questions about Knoxville

What type of rentals are currently available in Knoxville?

There are currently 40 Apartments for Rent in Knoxville, AL with pricing that ranges from $465 to $2,783. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knoxville ranging from $525 to $3,300.

What is the current price range for Rental Homes in Knoxville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Knoxville ranges from $525 to $3,300 with an average monthly rent of $1,718.

How much are larger Three and Four Bedroom Rentals in Knoxville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Knoxville range from $859 to $2,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,680 and Four Bedroom Apartments start at $799.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.