Apartments Under $1,000 in Knoxville, TN: May Rental Information
Welcome to the May 2026 Knoxville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Knoxville rental landscape.
Our experts analyze the inventory trends for apartments under $1,000 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Knoxville and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $1,000 in Knoxville.
As prospective renters, you can use this report to gain a better understanding of the rental market in Knoxville, TN. Whether you're looking for a studio, one-bedroom, or two-bedroom apartment, this report will help guide your search for an affordable rental option. Stay tuned to discover the latest trends and data in the Knoxville rental market.
This month, the typical cost to rent a one-bedroom apartment in Knoxville stands at $1,260, with the majority falling between $850 and $1,650. Out of the 2,580 one-bedroom apartments currently on the market in Knoxville, 277 are priced below $1,000, accounting for 11% of the total available one-bedroom units in Knoxville.
Available Apartments Under $1,000: Knoxville vs. Surrounding Areas
Knoxville, TN
Oak Ridge, TN
Maryville, TN
Farragut, TN
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In May 2026, Rentable is showing a snapshot of the number of apartments available for rent under $1,000 in Knoxville, TN and the surrounding cities. Currently, there are a number of options for budget-conscious renters in the area. In addition to Knoxville, other nearby cities also have available apartments within this price range. These cities include Farragut, Gatlinburg, Maryville, Oak Ridge, Oliver Springs, Sevierville, Clinton, Andersonville, Corryton, Greenback, Lenior City, Loudon, Louisville, Powell, Seymour, Walland, Alcoa, Pigeon Forge, Blaine, Friendsville, College Station, and Rockford. Overall, there is a total inventory of 121 apartments under $1,000 in the Knoxville, TN metro area.
Apartments Under $1,000 Now vs. Last Month: Knoxville and Surrounding Areas