Cheap Apartments for Rent in Townsend, TN from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Townsend.

Showing Results 1-16, Page 1 of 1

Townsend, TN Local Guide

Cheapest Available Townsend Apartments for Rent and Nearby

 

The cheapest available apartment rental in Townsend, TN is a Studio unit found at Maplehurst in the West Knoxville neighborhood priced from $999. The Lofts at Pigeon Forge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Townsend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
MaplehurstEfficiencyStudio,1BA$999
The Lofts at Pigeon ForgeStudio: 1 Bed, 1 Bath Apartment - Apply Now!1BR,1BA$1,200
The Villas at Kyker Ferry1 Bedroom First Level - expanded1BR,1BA$1,229
Bridgeway ApartmentsAmbassador1BR,1BA$1,300
The HenleyMetro1BR,1BA$1,307

Best Value Apartments for Rent in Townsend, TN and Nearby

As of March 21, 2025 the best value apartment in the Townsend area is the $1.19 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,800. The second greatest value Townsend apartment is the 1224 Wilcox St Model at 1224 Wilcox St starting at $2,370 with a $1.24 price per square foot in the Maryville Alcoa neighborhood. Here is today’s list of the best values for Townsend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Preston ParkPreston Park3BR,3.5BA$1.19
1224 Wilcox St1224 Wilcox St3BR,2BA$1.24
623 Coronado Crest Rd623 Coronado Crest Rd3BR,2.5BA$1.33
2932 Dragonfly Way2932 Dragonfly Way3BR,2BA$1.33
The Reserve at Maryville ApartmentsB2 - The Vanderbilt2BR,2BA$1.46
Eastgate Condominiums2 Bedroom2BR,2BA$1.50
Cottages at Cades CoveOLIVER2BR,2BA$1.57
Ardmore at TopsideThe Blue Cove2BR,2BA$1.50
River Hill TownhomesCobalt2BR,1.5BA$1.33
The Villas at Kyker Ferry1 Bedroom First Level - expanded1BR,1BA$1.62

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Townsend, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Townsend, TN

View MapTownsend, TN Apartments MapView MapTownsend, TN Rental Homes Map

Getting Around Townsend, TN

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Townsend Apartments

What is the Cheapest Studio apartment in Townsend?

Currently the most affordable Cheap Studio Apartment in Townsend is at Maplehurst listed at $999.

How much is rent for a Cheap One Bedroom Townsend Apartment?

The lowest price for a Cheap One Bedroom Townsend Apartment is $1,200 at The Lofts at Pigeon Forge.

What is the lowest price for a Cheap Two Bedroom Townsend Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Townsend is starting from $1,344 at River Hill Townhomes.

What is the most affordable Townsend Three Bedroom Apartment?

The best deal on a cheap Townsend Three Bedroom Apartment rental is at Overlook at Allensville and starts from $1,722.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.