Cheap Apartments for Rent in the University of Tennessee Neighborhood of Knoxville, TN from $700 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University of Tennessee 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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316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916

Knoxville's Best Affordable Neighborhoods

Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

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Highland Terrace IV
1 to 2 Bedroom Apartments

Highland Terrace IV

2329-2343 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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The Highland On Laurel
1 Bedroom Apartments

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
  • Utilities Included
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The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included

University of Tennessee, Knoxville, TN Local Guide

Cheapest Available University of Tennessee Apartments for Rent

 

The cheapest available apartment rental in the University of Tennessee area of Knoxville, TN is a 3 Beds unit found at Society 865 priced from $1,029. Commons at Knoxville has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,070. Here are the most affordable University of Tennessee apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Society 8653SA - Sigma3BR,2BA$1,029
Commons at KnoxvilleC13BR,2BA$1,070
The Standard at KnoxvillePeerless 3 - 4Br, 4Ba4BR,4BA$1,100
MaplehurstStudiosStudio,1BA$1,134
Highland Avenue ApartmentsTop Floors2BR,1BA$1,400

Best Value Apartments for Rent in University of Tennessee, TN

As of April 13, 2025 the best value apartment in the University of Tennessee area is the $1.17 price per square foot D6 Model at Union Knoxville in the in the West Knoxville neighborhood starting from $1,430. The second greatest value University of Tennessee 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 University of Tennessee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Union KnoxvilleD64BR,4BA$1.17
Highland Terrace CommunitiesHighland Terrace 2 Bed 2 Bath Small2BR,2BA$1.33
The DavyB22BR,2BA$1.81
Nova KnoxvilleFrisco A2BR,2BA$1.69
The Standard at KnoxvilleFulmer 5 - 2Br, 2Ba2BR,2BA$2.01
Highland Avenue Apartments1st Floor2BR,1BA$1.98
University Walk | Student Housing1 Bed - 1 Bath1BR,1BA$2.89
Tradition KnoxvilleAbrams1BR,1BA$2.41
MaplehurstStudiosStudio ,1BA$2.58
Society 8653SA - Sigma3BR,2BA$2.34

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Pet Friendly Lifestyle
University Of Tennessee, Knoxville, TN

Ranked #44

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap University of Tennessee Apartments

What is a cheap apartment in University of Tennessee?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University of Tennessee is under $1,834.

What is the price of a cheap apartment in University of Tennessee?

The cheapest apartment in University of Tennessee is Maplehurst which is listed at $1,255, while the average apartment in University of Tennessee costs $2,830.

What types of apartments are the cheapest in University of Tennessee?

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 73 regular apartments in University of Tennessee 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 University of Tennessee?

Cheap apartments in University of Tennessee have an average cost of $1,404 which is $1,426 cheaper than the average rent for all rentals in University of Tennessee.

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.

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

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.

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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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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.

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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.