Cheap Apartments for Rent in Knoxville, TN from $400 (117 Rentals)

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

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Knoxville, TN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Knoxville, TN

Pricing Updated: 03/26/2025

Current apartment rentals in the Knoxville, TN area range in price from $750 to $7,211 with an overall median price of $2,076. The three Knoxville neighborhoods with the lowest median rent pricing are West View at $780, Marble City at $775, and Inskip at $935. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Knoxville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West View$1,467$7802662
Marble City$1,549$7752732
Inskip$1,595$9352720
Uptown Knoxville$1,629$78011347
Belle Morris$1,658$8005610
Fountain City$1,695$1,000203
North Knoxville$1,700$78015880
Outer Northside$1,700$78015880
Island Home$1,705$7506197
Edgewood$1,749$7808552

Cheapest Available Knoxville Apartments for Rent

 

The cheapest available apartment rental in Knoxville, TN is a 1 Bed unit found at Forestdale Village in the Holston Hills neighborhood priced from $900. Highland Terrace Communities in the West Knoxville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Knoxville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forestdale Village1BD/1BA1BR,1BA$900
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
Oakview Apartments1-bedroom1BR,1BA$935
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Woodbury Crossing3 C Floor Plan3BR,2BA$935
The Flats at Pond Gap1 Bedroom One Bathroom 1B Type B 60%1BR,1BA$958
Golf View Apartments2-bedroom2BR,1BA$1,000
MaplehurstEfficiencyStudio,1BA$1,006

Best Value Apartments for Rent in Knoxville, TN

As of March 26, 2025 the best value apartment in the Knoxville area is the $0.31 price per square foot 4 Bedroom Townhouse Model at Knox Ridge in the in the West Knoxville neighborhood starting from $969. The second greatest value Knoxville apartment is the 11300 Sheldon Chase Ln Model at 11300 Sheldon Chase Ln starting at $3,265 with a $1.13 price per square foot in the West Knoxville 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.
Knox Ridge4 Bedroom Townhouse4BR,4BA$0.31
11300 Sheldon Chase Ln11300 Sheldon Chase Ln4BR,3BA$1.13
10225 Boston Ln10225 Boston Ln4BR,3BA$1.08
8506 Lawnpark Dr8506 Lawnpark Dr4BR,2.5BA$1.08
8131 Broken Rock Ln8131 Broken Rock Ln3BR,2.5BA$1.08
9406 Hoyle Beals Dr9406 Hoyle Beals Dr3BR,2.5BA$1.11
1204 Rubicon Ln1204 Rubicon Ln4BR,2.5BA$1.13
8011 Garden Rose Ln8011 Garden Rose Ln4BR,2.5BA$1.13
Redpoint Knoxville3 Bedroom, 3 Bath3BR,3BA$0.72
Woodbury Crossing3 B Floor Plan3BR,2BA$0.84

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Knoxville Overview

Nestled in the foothills of the Great Smoky Mountains, Knoxville retains its Appalachian heritage while welcoming a melting pot of modern tastes and global cultures. Whether you’re interested in renting apartments in Knoxville because you’ve heard about its designation as “America’s Most Romantic City,” because you can’t get enough of the champion Lady Vols, or to take advantage of its rich employment opportunities, Knoxville has a wealth of apartment choices in both the downtown and surrounding areas.

Why live in Knoxville, TN?

Along with the benefits of life in Knoxville apartments with its mild climate, sophisticated transit system and wealth of local media, colorful, cultural Knoxville draws residents from all parts of the country, live in its unique neighborhoods, riverfront benefits and Smoky Mountain flavor.

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

Explore Knoxville, TN Rentals by Map

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See the most popular apartments and homes in Knoxville, TN

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Getting Around Knoxville, TN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Knoxville Apartments

What is a cheap apartment in Knoxville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Knoxville is under $1,006.

What is the price of a cheap apartment in Knoxville?

The cheapest apartment in Knoxville is Forestdale Village which is listed at $900, while the average apartment in Knoxville costs $2,076.

What types of apartments are the cheapest in Knoxville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 105,261 regular apartments in Knoxville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Knoxville?

Cheap apartments in Knoxville have an average cost of $1,024 which is $1,052 cheaper than the average rent for all rentals in Knoxville.

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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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.

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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.