
Cheap Homes for Rent in Five Points Neighborhood of Knoxville, TN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Knoxville.


3137 Ashland Ave

1705 Washington Ave

3603 Ashland Ave

2152 Dandridge Ave

2524 Linden Ave

2055 Washington Ave

1416 Chicago Ave

820 Luttrell St

3043 E 5th Ave
Knoxville's Best Affordable Neighborhoods
Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

917 Wilder Pl

724 Deery St
Five Points, Knoxville, TN Local Guide

How much does it cost to rent a home in Five Points?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Points 2 Bedroom Homes for Rent | $1,810 | $1,100 | $4,400 |
Five Points 3 Bedroom Homes for Rent | $2,017 | $1,250 | $3,300 |
Five Points 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Five Points 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Knoxville, TN.
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Five Points, Knoxville, TN Local Guide
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of Knoxville, TN is a Studio unit found at Highland Terrace Communities priced from $925. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Five Points apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Terrace Communities | Highland Terrace Efficiency | Studio,1BA | $925 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
Maplehurst | Efficiency | Studio,1BA | $994 |
The Dandridge | Two Bedroom - One Bath | 2BR,1BA | $1,100 |
Knox High Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Five Points, TN
As of April 10, 2025 the best value apartment in the Five Points area is the $1.85 price per square foot LUXURY TOWNHOMES Model at Foggy Bottom Flats in the in the East Knoxville neighborhood starting from $2,400. The second greatest value Five Points apartment is the 401 E Scott Ave Model at 401 E Scott Ave, Unit 401-1 starting at $1,795 with a $1.63 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Foggy Bottom Flats | LUXURY TOWNHOMES | 2BR,2.5BA | $1.85 |
401 E Scott Ave, Unit 401-1 | 401 E Scott Ave | 2BR,1BA | $1.63 |
First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
3210 Linda Lou Way, Unit Creekside Duplexes | 3210 Linda Lou Way | 2BR,1BA | $1.06 |
The Davy | B2 | 2BR,2BA | $1.81 |
The Dandridge | Two Bed OneBath - UPG | 2BR,1BA | $1.58 |
The Adelade | Marlowe | 2BR,1BA | $1.88 |
Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
Gardens at Knoxwood | 2x1 | 2BR,1BA | $1.88 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
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Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 232 Apartments for Rent in Five Points, TN with pricing that ranges from $780 to $7,142. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $875 to $10,400.
What is the current price range for Rental Homes in Five Points?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $875 to $10,400 with an average monthly rent of $3,504.
How much are larger Three and Four Bedroom Rentals in Five Points?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $985 to $6,037, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,199.
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.

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.