Cheap Apartments for Rent in the Oakwood Neighborhood of Knoxville, TN from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Knoxville.

Morningside Gardens Apartments

North Hills Apartments

Canyon & Knox Landing
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Golf View Apartments

Rand Stockton

108 E Inskip Dr

411 Sharp Ln NE

Summit Towers

The Park at Fountain City
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Hillside Place Apartments
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Knoxville's Best Affordable Neighborhoods
Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton
Oakwood, Knoxville, TN Local Guide

How much does it cost to rent an apartment in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Studio Apartments | $1,877 | $999 | $3,529 |
Oakwood 1 Bedroom Apartments | $1,778 | $935 | $4,796 |
Oakwood 2 Bedroom Apartments | $2,224 | $1,000 | $7,153 |
Oakwood 3 Bedroom Apartments | $2,789 | $999 | $4,515 |
Oakwood 4 Bedroom Apartments | $1,345 | $1,199 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Knoxville, TN.
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Oakwood, Knoxville, TN Local Guide
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Cheapest Available Oakwood Apartments for Rent
 The cheapest available apartment rental in the Oakwood area of Knoxville, TN is a 1 Bed unit found at Forestdale Village priced from $900. Morningside Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Oakwood apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Forestdale Village | 1BD/1BA | 1BR,1BA | $900 |
Morningside Gardens Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $935 |
Oakview Apartments | 1-bedroom | 1BR,1BA | $935 |
Canyon & Knox Landing | Knox S1-D | Studio,1BA | $999 |
Golf View Apartments | 2-bedroom | 2BR,1BA | $1,000 |
Windsor Court | Edinboro | Studio,1BA | $1,004 |
North Hills Apartments | The Peak | 1BR,1BA | $1,050 |
The Park at Fountain City | A1 | 1BR,1BA | $1,150 |
Hillside Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,199 |
Rocky View Apartments | 1B | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Oakwood, TN
As of May 10, 2025 the best value apartment in the Oakwood area is the $1.15 price per square foot 1815 Logan Ave Model at 1815 Logan Ave, Unit A1 in the in the West Knoxville neighborhood starting from $1,375. The second greatest value Oakwood apartment is the 2BR/2.5BA Model at Maple Sunset Apartments starting at $1,695 with a $1.45 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1815 Logan Ave, Unit A1 | 1815 Logan Ave | 1BR,1BA | $1.15 |
Maple Sunset Apartments | 2BR/2.5BA | 2BR,2.5BA | $1.45 |
Castle Terrace Apartments | 2BR/1.0BA | 2BR,1BA | $1.28 |
Liberty View Apartments | Liberty View Apartments | 2BR,1BA | $1.44 |
First Creek at Austin | 2 BR | 2BR,1BA | $1.48 |
Rand Stockton | Stockton 2 Br | 2BR,1BA | $1.50 |
Golf View Apartments | 2-bedroom | 2BR,1BA | $1.25 |
North Hills Apartments | The Peak | 1BR,1BA | $1.50 |
Forestdale Village | 1BD/1BA | 1BR,1BA | $1.32 |
Oakview Apartments | 1-bedroom | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleOakwood, Knoxville, TN
Ranked #10
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Oakwood Neighborhood in Knoxville, TN
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
33 / 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 Oakwood Apartments
What is a cheap apartment in Oakwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakwood is under $1,225.
What is the price of a cheap apartment in Oakwood?
The cheapest apartment in Oakwood is Forestdale Village which is listed at $900, while the average apartment in Oakwood costs $2,849.
What types of apartments are the cheapest in Oakwood?
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 59 regular apartments in Oakwood 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 Oakwood?
Cheap apartments in Oakwood have an average cost of $1,370 which is $1,479 cheaper than the average rent for all rentals in Oakwood.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.