Cheap Apartments for Rent in the Five Points Neighborhood of Knoxville, TN from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points area of Knoxville.

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1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916
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Hillwood Villas
1 to 2 Bedroom Apartments

Hillwood Villas

1642 Hillwood DrKnoxville, TN 37920
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316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916
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Sterchi's Lofts
Studio to 4 Bedroom Apartments

Sterchi's Lofts

116 S Gay StKnoxville, TN 37902
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The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing
Showing Results 1-25, Page 1 of 1

Five Points, Knoxville, TN Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Knoxville, TN is a 1 Bed unit found at 16th Place Apartments priced from $780. Highland Terrace Communities has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Five Points apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
16th Place ApartmentsOne Bedroom1BR,1BA$780
Highland Terrace CommunitiesHighland Terrace EfficiencyStudio,1BA$925
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
MaplehurstEfficiencyStudio,1BA$1,020
The DandridgeTwo Bedroom - One Bath2BR,1BA$1,100

Best Value Apartments for Rent in Five Points, TN

As of February 18, 2025 the best value apartment in the Five Points area is the $1.69 price per square foot LUXURY TOWNHOMES Model at Foggy Bottom Flats in the in the East Knoxville neighborhood starting from $2,200. The second greatest value Five Points apartment is the 2609 Forestdale Ave Model at 2609 Forestdale Ave, Unit Upstairs unit starting at $1,400 with a $1.17 price per square foot in the Holston Hills neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Foggy Bottom FlatsLUXURY TOWNHOMES2BR,2.5BA$1.69
2609 Forestdale Ave, Unit Upstairs unit2609 Forestdale Ave2BR,2BA$1.17
401 E Scott Ave, Unit 401-1401 E Scott Ave2BR,1BA$1.63
2449 Woodbine Ave, Unit #22449 Woodbine Ave2BR,1BA$1.28
First Creek at Austin2 BR2BR,1BA$1.48
The DavyB22BR,2BA$1.81
The DandridgeTwo Bed OneBath - UPG2BR,1BA$1.58
Gardens at Knoxwood2X12BR,1BA$1.77
16th Place ApartmentsTwo Bedroom2BR,1BA$1.59
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71

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Pet Friendly Lifestyle
Five Points, Knoxville, TN

Ranked #20

Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Five Points, Knoxville, and the greater Knoxville area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, multifamily communities for the kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Getting Around the Five Points Neighborhood in Knoxville, TN

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Five Points Apartments

What is the Cheapest Studio apartment in Five Points?

Currently the most affordable Cheap Studio Apartment in Five Points is at Highland Terrace Communities listed at $925.

How much is rent for a Cheap One Bedroom Five Points Apartment?

The lowest price for a Cheap One Bedroom Five Points Apartment is $780 at 16th Place Apartments.

What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $1,080 at 16th Place Apartments.

What is the most affordable Five Points Three Bedroom Apartment?

The best deal on a cheap Five Points Three Bedroom Apartment rental is at The Dandridge and starts from $1,300.

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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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.

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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.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.