
Cheap Apartments for Rent in the Downtown Knoxville Neighborhood of Knoxville, TN from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Knoxville area of Knoxville.


Highland Terrace Communities

1700 Clinch Ave, Unit #104

Summit Towers

Barclay House Apartments

Siegel Select Knoxville

1815 Logan Ave, Unit A1

Highland Avenue Apartments
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Knoxville's Best Affordable Neighborhoods
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Downtown Knoxville, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Downtown Knoxville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Knoxville Studio Apartments | $1,910 | $925 | $3,000 |
Downtown Knoxville 1 Bedroom Apartments | $2,170 | $780 | $4,253 |
Downtown Knoxville 2 Bedroom Apartments | $2,684 | $799 | $7,142 |
Downtown Knoxville 3 Bedroom Apartments | $2,210 | $799 | $4,650 |
Downtown Knoxville 4 Bedroom Apartments | $1,341 | $799 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Downtown Knoxville Neighborhood of Knoxville, TN.
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Downtown Knoxville, Knoxville, TN Local Guide
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Cheapest Available Downtown Knoxville Apartments for Rent
 The cheapest available apartment rental in the Downtown Knoxville area of Knoxville, TN is a 3 Beds unit found at Society 865 priced from $799. Highland Terrace Communities has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Downtown Knoxville apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Society 865 | 3SA - Sigma | 3BR,2BA | $799 |
Highland Terrace Communities | Highland Terrace Efficiency | Studio,1BA | $925 |
Commons at Knoxville | C1 | 3BR,2BA | $1,070 |
The Standard at Knoxville | Peerless 3 - 4Br, 4Ba | 4BR,4BA | $1,100 |
Maplehurst | Studios | Studio,1BA | $1,196 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of April 25, 2025 the best value apartment in the Downtown Knoxville area is the $1.17 price per square foot D5 Model at Union Knoxville in the in the West Knoxville neighborhood starting from $1,445. The second greatest value Downtown Knoxville apartment is the 1815 Logan Ave Model at 1815 Logan Ave, Unit A1 starting at $1,375 with a $1.15 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Downtown Knoxville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Union Knoxville | D5 | 4BR,4BA | $1.17 |
1815 Logan Ave, Unit A1 | 1815 Logan Ave | 1BR,1BA | $1.15 |
The Davy | B2 | 2BR,2BA | $1.81 |
Nova Knoxville | Frisco A | 2BR,2BA | $1.69 |
The Standard at Knoxville | Fulmer 5 - 2Br, 2Ba | 2BR,2BA | $2.01 |
Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
Tradition Knoxville | Abrams | 1BR,1BA | $2.41 |
Commons at Knoxville | B1 | 2BR,1BA | $2.20 |
Society 865 | 2GA - Gamma | 2BR,2BA | $2.03 |
Highland Terrace Communities | Highland Terrace Efficiency | Studio ,1BA | $2.64 |
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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #30
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Knoxville Apartments
What is a cheap apartment in Downtown Knoxville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Knoxville is under $1,573.
What is the price of a cheap apartment in Downtown Knoxville?
The cheapest apartment in Downtown Knoxville is Maplehurst which is listed at $1,238, while the average apartment in Downtown Knoxville costs $18,600.
What types of apartments are the cheapest in Downtown 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 67 regular apartments in Downtown 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 Downtown Knoxville?
Cheap apartments in Downtown Knoxville have an average cost of $1,293 which is $17,307 cheaper than the average rent for all rentals in Downtown 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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