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Red Bud Apartments
743-915 E Red Bud RdKnoxville, TN 37920
Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.
815 Lake Glen Ln, Unit Large, Studio basement
815 Lake Glen Ln
KnoxvilleTN37920
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from $1,275Studio to 2 Bedroom Apartments Available Now
The Adelade
2701 Sevier AveKnoxville, TN 37920
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1921 Trotter Ave
KnoxvilleTN37920
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Knoxville's Best Affordable Neighborhoods
Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton
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Colonial Village, Knoxville, TN Local Guide
How much does it cost to rent an apartment in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village Studio Apartments | $2,178 | $1,275 | $4,103 |
| Colonial Village 1 Bedroom Apartments | $2,290 | $1,000 | $4,100 |
| Colonial Village 2 Bedroom Apartments | $2,693 | $1,200 | $5,970 |
| Colonial Village 3 Bedroom Apartments | $4,183 | $1,279 | $6,037 |
| Colonial Village 4 Bedroom Apartments | $1,621 | $1,199 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Knoxville, TN.
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Colonial Village, Knoxville, TN Local Guide
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Cheapest Available Colonial Village Apartments for Rent
The cheapest available apartment rental in the Colonial Village area of Knoxville, TN is a 3 Beds unit found at White Oak Crossing priced from $1,115. The Adelade has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,396. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White Oak Crossing | Three Bedroom | 3BR,2BA | $1,115 |
| The Adelade | Bodhi | 1BR,1BA | $1,396 |
| City South Apartments | Studio | Studio,1BA | $1,497 |
Best Value Apartments for Rent in Colonial Village, TN
As of April 16, 2025 the best value apartment in the Colonial Village area is the $2.37 price per square foot The French Broad Model at Rivers Edge Apartments in the in the North Knoxville neighborhood starting from $3,190. The second greatest value Colonial Village apartment is the Three Bedroom Model at White Oak Crossing starting at $1,115 with a $1.07 price per square foot in the South Knoxville neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rivers Edge Apartments | The French Broad | 3BR,2BA | $2.37 |
| White Oak Crossing | Three Bedroom | 3BR,2BA | $1.07 |
| The Davy | B2 | 2BR,2BA | $1.81 |
| South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.43 |
| The Adelade | Bodhi | 1BR,1BA | $1.99 |
| The Scene at 2300 | Two Bedroom / One Bath | 2BR,1BA | $2.25 |
| City South Apartments | Studio | Studio ,1BA | $2.26 |
| 303 Flats | Jackson - SOLD OUT!! | 1BR,1BA | $3.12 |
| The Tribute | LARGE STUDIO | Studio ,1BA | $3.24 |
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Frequently Asked Questions about Cheap Colonial Village Apartments
What is a cheap apartment in Colonial Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Village is under $1,755.
What is the price of a cheap apartment in Colonial Village?
The cheapest apartment in Colonial Village is The Adelade which is listed at $1,396, while the average apartment in Colonial Village costs $4,425.
What types of apartments are the cheapest in Colonial Village?
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 17 regular apartments in Colonial Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN
Written by: Wendy Melton
Knoxville is considered to be a jewel of the south. It is the largest city in the eastern half of Tennessee and home to the main campus of the University of Tennessee.
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.
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.
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.