
Cheap Apartments for Rent in the Downtown Knoxville Neighborhood of Knoxville, TN from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Knoxville area of Knoxville.


Highland Terrace Communities

Summit Towers

Siegel Select Knoxville

Highland Avenue Apartments

One Riverwalk
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 | $1,859 | $925 | $3,000 |
Downtown Knoxville 1 Bedroom Apartments | $2,227 | $780 | $4,883 |
Downtown Knoxville 2 Bedroom Apartments | $2,651 | $799 | $7,836 |
Downtown Knoxville 3 Bedroom Apartments | $2,172 | $1,029 | $4,650 |
Downtown Knoxville 4 Bedroom Apartments | $1,331 | $799 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 17 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 Studio unit found at Highland Terrace Communities priced from $925. Maplehurst has the second lowest priced unit, which is a Studio apartment currently listed from $1,014. Here are the most affordable Downtown Knoxville apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Terrace Communities | Highland Terrace Efficiency | Studio,1BA | $925 |
Maplehurst | Efficiency | Studio,1BA | $1,014 |
Society 865 | 3SA - Sigma | 3BR,2BA | $1,029 |
The Standard at Knoxville | Peerless 3 - 4Br, 4Ba | 4BR,4BA | $1,100 |
Commons at Knoxville | C3 | 3BR,2BA | $1,140 |
Best Value Apartments for Rent in Downtown Knoxville, TN
As of April 04, 2025 the best value apartment in the Downtown Knoxville area is the $2.65 price per square foot 1815 Logan Ave Model at 1815 Logan Ave, Unit A2 in the in the West Knoxville neighborhood starting from $2,650. The second greatest value Downtown Knoxville 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 Downtown Knoxville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1815 Logan Ave, Unit A2 | 1815 Logan Ave | 2BR,2BA | $2.65 |
The Davy | B2 | 2BR,2BA | $1.81 |
The Daniel | The Daniel - B5 | 2BR,1BA | $2.00 |
Nova Knoxville | Frisco A | 2BR,2BA | $1.69 |
The Standard at Knoxville | Fulmer 5 - 2Br, 2Ba | 2BR,2BA | $2.01 |
Union Knoxville | B1 | 2BR,2BA | $2.02 |
Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
Tradition Knoxville | Abrams | 1BR,1BA | $2.41 |
Society 865 | 3SA - Sigma | 3BR,2BA | $2.34 |
Highland Terrace Communities | Highland Terrace Efficiency | Studio ,1BA | $2.64 |
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Pet Friendly LifestyleDowntown Knoxville, Knoxville, TN
Ranked #35
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,600.
What is the price of a cheap apartment in Downtown Knoxville?
The cheapest apartment in Downtown Knoxville is Maplehurst which is listed at $1,321, while the average apartment in Downtown Knoxville costs $2,750.
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 72 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 $1,333 which is $1,417 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.

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.

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.

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.