
Cheap Apartments for Rent in the Island Home Neighborhood of Knoxville, TN from $800 (16 Rentals)
Cheap Apartments in the Island Home area of Knoxville.


City South Apartments

Morningside Gardens Apartments

2122 Brooks Ave, Unit Room 1 Master Bedroom

Red Bud Apartments
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.

The Dandridge

First Creek at Austin

The Adelade
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.
Knoxville's Best Affordable Neighborhoods
Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton
Island Home, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Island Home?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island Home Studio Apartments | $4,617 | $800 | $10,000+ |
Island Home 1 Bedroom Apartments | $1,826 | $850 | $4,303 |
Island Home 2 Bedroom Apartments | $2,543 | $1,100 | $10,000+ |
Island Home 3 Bedroom Apartments | $2,382 | $999 | $4,300 |
Island Home 4 Bedroom Apartments | $1,262 | $1,199 | $1,299 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Island Home Neighborhood of Knoxville, TN.
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Island Home, Knoxville, TN Local Guide
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Cheapest Available Island Home Apartments for Rent
 The cheapest available apartment rental in the Island Home area of Knoxville, TN is a 1 Bed unit found at Morningside Gardens Apartments priced from $935. The Dandridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Island Home apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
The Dandridge | Two Bedroom - One Bath | 2BR,1BA | $1,100 |
Gardens at Knoxwood | 2x1 | 2BR,1BA | $1,279 |
The Henley | Metro | 1BR,1BA | $1,357 |
The Adelade | Bodhi | 1BR,1BA | $1,396 |
Best Value Apartments for Rent in Island Home, TN
As of May 02, 2025 the best value apartment in the Island Home area is the $0.50 price per square foot 2122 Brooks Ave Model at 2122 Brooks Ave, Unit Room 1 Master Bedroom in the in the Holston Hills neighborhood starting from $850. The second greatest value Island Home apartment is the The Mod Model at The Henley starting at $1,876 with a $1.71 price per square foot in the East Knoxville neighborhood. Here is today’s list of the best values for Island Home apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2122 Brooks Ave, Unit Room 1 Master Bedroom | 2122 Brooks Ave | 1BR,2.5BA | $0.50 |
The Henley | The Mod | 2BR,2BA | $1.71 |
Foggy Bottom Flats | Two Bedroom - Townhomes | 2BR,2.5BA | $2.18 |
River’s Edge Apartments | The Tennessee | 2BR,2BA | $1.86 |
First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
The Davy | B2 | 2BR,2BA | $1.81 |
The Dandridge | Two Bed OneBath - UPG | 2BR,1BA | $1.58 |
The Adelade | Bodhi | 1BR,1BA | $1.99 |
Gardens at Knoxwood | 2x1 | 2BR,1BA | $1.85 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.71 |
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Pet Friendly LifestyleIsland Home, Knoxville, TN
Ranked #25
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Tennessee and customized analysis for Knoxville, Tennessee. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, places to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Island Home Apartments
What is a cheap apartment in Island Home?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Island Home is under $1,499.
What is the price of a cheap apartment in Island Home?
The cheapest apartment in Island Home is Morningside Gardens Apartments which is listed at $935, while the average apartment in Island Home costs $2,417.
What types of apartments are the cheapest in Island Home?
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 23 regular apartments in Island Home 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 Island Home?
Cheap apartments in Island Home have an average cost of $869 which is $1,548 cheaper than the average rent for all rentals in Island Home.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.