Cheap Apartments for Rent in Knoxville, IL from $300 (28 Rentals)

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

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301 N Carole Ave
1 Bedroom Apartments

301 N Carole Ave

301 N Carole AveHanna City, IL 61536

Knoxville, IL Local Guide

Cheapest Available Knoxville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knoxville, IL is a 2 Beds unit found at Mayfair Manor priced from $525. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
Hollow HillsStudioStudio,1BA$700
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$750
Crescent Creek Apartments1x11BR,1BA$750
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$800
Nordic Villa ApartmentsLoft2BR,1BA$825
Brighton Woods2Bed1Bath2BR,1BA$850
Kellogg Place Apartments1 Bed1BR,1BA$875
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$880

Best Value Apartments for Rent in Knoxville, IL and Nearby

As of April 30, 2025 the best value apartment in the Knoxville area is the $1.14 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,550. The second greatest value Knoxville apartment is the 3 Bedroom 2 Bath Model at PARKWAY ESTATES starting at $880 with a $0.81 price per square foot . 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.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.14
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.81
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.14
Crescent Creek Apartments1x11BR,1BA$0.88
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Haymeadow ApartmentsFarmstead2BR,1BA$1.10
Brighton Woods1Bed1Bath1BR,1BA$1.06
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Hollow HillsStudioStudio ,1BA$1.08
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.15

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Knoxville, IL Rentals by Map

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Getting Around Knoxville, IL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Knoxville Apartments

What is the Cheapest Studio apartment in Knoxville?

Currently the most affordable Cheap Studio Apartment in Knoxville is at Willow Knolls Apartments listed at $700.

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

The lowest price for a Cheap One Bedroom Knoxville Apartment is $750 at Crescent Creek 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 $525 at Mayfair Manor.

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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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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.