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from $924Studio to 2 Bedroom Apartments Available Now
City South Apartments
2004 City Vista WayKnoxville, TN 37920
Cheap Apartments for Rent in the Colonial Village Neighborhood of Knoxville, TN from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Village area of Knoxville.
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from $1,0001 to 2 Bedroom Apartments Contact Us For Availability
Red Bud Apartments
743-915 E Red Bud RdKnoxville, TN 37920
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
201 Ave B
KnoxvilleTN37920
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from $1,396Studio to 2 Bedroom Apartments Available Now
The Adelade
2701 Sevier AveKnoxville, TN 37920
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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221 Hawthorne Ave
KnoxvilleTN37920
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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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1136 Valley Dr SW
KnoxvilleTN37920
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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 | $2,047 | $924 | $3,384 |
| Colonial Village 1 Bedroom Apartments | $2,248 | $1,000 | $4,315 |
| Colonial Village 2 Bedroom Apartments | $2,614 | $1,200 | $5,406 |
| Colonial Village 3 Bedroom Apartments | $3,938 | $1,279 | $4,515 |
| Colonial Village 4 Bedroom Apartments | $1,837 | $1,199 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 10 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
- Nearby Knoxville neighborhoods
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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 Studio unit found at City South Apartments priced from $1,349. 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 |
|---|---|---|---|
| City South Apartments | Studio | Studio,1BA | $1,349 |
| The Adelade | Bodhi | 1BR,1BA | $1,396 |
| 303 Flats | Nash | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Colonial Village, TN
As of May 11, 2025 the best value apartment in the Colonial Village area is the $1.88 price per square foot The Tennessee Model at Rivers Edge Apartments in the in the North Knoxville neighborhood starting from $2,018. 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 Tennessee | 2BR,2BA | $1.88 |
| The Davy | B2 | 2BR,2BA | $1.81 |
| The Adelade | Marlowe | 2BR,1BA | $2.07 |
| South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.45 |
| The Tribute | LARGE 1 BDR | 1BR,1BA | $2.76 |
| The Scene at 2300 | Two Bedroom / One Bath | 2BR,1BA | $2.25 |
| City South Apartments | Studio | Studio ,1BA | $2.04 |
| 303 Flats | Jackson - SOLD OUT!! | 1BR,1BA | $3.12 |
Quick Rent Budget Calculator
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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 $2,018.
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 11 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.