
Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.


City South Apartments

123 Ingersoll Ave

The Adelade

3401 Feathers St
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 | $1,951 | $1,275 | $2,894 |
Colonial Village 1 Bedroom Apartments | $2,163 | $750 | $4,100 |
Colonial Village 2 Bedroom Apartments | $2,577 | $1,200 | $4,387 |
Colonial Village 3 Bedroom Apartments | $4,102 | $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.
See all Apartments in KnoxvilleExplore Knoxville
Colonial Village, Knoxville, TN Local Guide
- Nearby Knoxville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Colonial Village Apartments for Rent
 The cheapest available apartment rental in the Colonial Village area of Knoxville, TN is a 2 Beds unit found at The Adelade priced from $1,350. City South Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,448. Here are the most affordable Colonial Village apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Adelade | Ziggy | 2BR,1BA | $1,350 |
City South Apartments | One Bedroom | 1BR,1BA | $1,448 |
South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $1,515 |
Best Value Apartments for Rent in Colonial Village, TN
As of March 23, 2025 the best value apartment in the Colonial Village area is the $2.21 price per square foot The French Broad Model at Rivers Edge Apartments in the in the Holston Hills neighborhood starting from $2,981. The second greatest value Colonial Village apartment is the B2 Model at The Davy starting at $1,609 with a $1.81 price per square foot in the Holston Hills 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 | $2.21 |
The Davy | B2 | 2BR,2BA | $1.81 |
South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.24 |
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 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
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 $1,620.
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 $4,325.
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 714 regular apartments in Colonial Village 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 Colonial Village?
Cheap apartments in Colonial Village have an average cost of $2,036 which is $2,289 cheaper than the average rent for all rentals in Colonial Village.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.