
Cheap Apartments for Rent in the South Waterfront Neighborhood of Knoxville, TN from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Waterfront area of Knoxville.


City South Apartments

Summit Towers
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.

Highland Avenue Apartments

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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
South Waterfront, Knoxville, TN Local Guide

How much does it cost to rent an apartment in South Waterfront?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Waterfront Studio Apartments | $2,136 | $800 | $3,946 |
South Waterfront 1 Bedroom Apartments | $2,113 | $1,025 | $4,303 |
South Waterfront 2 Bedroom Apartments | $2,896 | $1,381 | $7,142 |
South Waterfront 3 Bedroom Apartments | $3,360 | $999 | $4,650 |
South Waterfront 4 Bedroom Apartments | $1,646 | $1,199 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the South Waterfront Neighborhood of Knoxville, TN.
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South Waterfront, Knoxville, TN Local Guide
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Cheapest Available South Waterfront Apartments for Rent
 The cheapest available apartment rental in the South Waterfront area of Knoxville, TN is a 1 Bed unit found at Maplehurst priced from $1,306. The Henley has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,357. Here are the most affordable South Waterfront apartments for rent in Knoxville, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Maplehurst | 1 Bedroom | 1BR,1BA | $1,306 |
The Henley | Metro | 1BR,1BA | $1,357 |
Highland Avenue Apartments | Top Floors | 2BR,1BA | $1,400 |
Highland Terrace Communities | Highland Terrace 2 Bed 2 Bath Small | 2BR,2BA | $1,464 |
City South Apartments | Studio | Studio,1BA | $1,477 |
Best Value Apartments for Rent in South Waterfront, TN
As of May 01, 2025 the best value apartment in the South Waterfront area is the $2.63 price per square foot The Tennessee- Limited Availability Model at The Landings in the in the East Knoxville neighborhood starting from $2,949. The second greatest value South Waterfront apartment is the Highland Terrace 2 Bed 2 Bath Small Model at Highland Terrace Communities starting at $1,464 with a $1.33 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for South Waterfront apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Landings | The Tennessee- Limited Availability | 3BR,2BA | $2.63 |
Highland Terrace Communities | Highland Terrace 2 Bed 2 Bath Small | 2BR,2BA | $1.33 |
The Henley | The Mod | 2BR,2BA | $1.71 |
The Davy | B2 | 2BR,2BA | $1.81 |
Maplehurst | 2 Bedroom | 2BR,1BA | $2.10 |
South Banks at Suttree Landing | 1 Bedroom | 1BR,1BA | $2.34 |
Highland Avenue Apartments | 1st Floor | 2BR,1BA | $1.98 |
The Scene at 2300 | Two Bedroom / One Bath | 2BR,1BA | $2.25 |
City South Apartments | Studio | Studio ,1BA | $2.23 |
811 East Downtown | The Main | 1BR,1BA | $2.44 |
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Pet Friendly LifestyleSouth Waterfront, Knoxville, TN
Ranked #28
Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Knoxville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, apartment communities for the kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the South Waterfront Neighborhood in Knoxville, TN
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
50 / 100
Good Transit
Many 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 South Waterfront Apartments
What is a cheap apartment in South Waterfront?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Waterfront is under $1,599.
What is the price of a cheap apartment in South Waterfront?
The cheapest apartment in South Waterfront is Maplehurst which is listed at $1,306, while the average apartment in South Waterfront costs $3,800.
What types of apartments are the cheapest in South Waterfront?
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 21 regular apartments in South Waterfront 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 South Waterfront?
Cheap apartments in South Waterfront have an average cost of $1,333 which is $2,467 cheaper than the average rent for all rentals in South Waterfront.
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.