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Apartments Under $500 in Knoxville, TN

1 - 3 of 3 Results
22
$495
PER
ROOM
University Park
301 Lippencott St. Knoxville, TN
4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
6
$500
PER
ROOM
The Commons On Bridge
3.3
1105 Bridge Avenue Knoxville, TN
3 BR | Available Now
Contact
Student
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Dishwasher
8
$249
6515 Clinton Hwy
Knoxville, TN
Studio | Ask for Availability
Contact
1 - 3 of 3 Results

All Apartments in Knoxville, TN

30 Results
28
$1,059 - 1,448
PER
ROOM
Villas Knoxville | Student Housing
2121 Cumberland Ave Suite 105 Knoxville, TN
2 - 5 BR | Aug. 10, 2026
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
8
$970 - 2,140
North Park Apartments
Deal
5237 Tilery Dr Knoxville, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
$1,060 - 1,390
The Park at Fountain City
Deal
2202 Adair Dr Knoxville, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
11
$1,069 - 1,879
PER
ROOM
The Davy
Deal
222 E Blount Ave Knoxville, TN
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
13
$1,949
Knoxville - West Hills
1700 Winston Rd Knoxville, TN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
21
$1,129 - 1,599
Emerson
Deal
501A Longview Road Knoxville, TN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Forest Heights
20
Call for Pricing
Broadway Towers (62 and older and or mobility disability)
Deal
1508 Mccroskey Ave Knoxville, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Surface Parking
1
$1,160
Evian Tower #106 1br (holj) **ok To Lease For Aug 2025 Per John Jan 25 2025**
510 14th St #106 Knoxville, TN
1 BR | Aug. 1, 2026
Contact
Storage
Dishwasher
Pool
Downtown Knoxville
1
$1,600
9130 Cedarpark Ln
Knoxville, TN
2 BR | Jun. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
1
$2,400
River Towne Condominium Unit 503 - Large Condo For Rent 3 Bedrooms/2 Baths. $2400/month
3001 River Towne Way #503 Knoxville, TN
3 BR | Aug. 13, 2026
Contact
1
$1,100
Elmwood Apartments
5024 Jacksboro Pike Knoxville, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$1,500
5216 Bittersweet
5216 Bittersweet Rd Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$1,595
9008-cou
9008 Countryside Ln Knoxville, TN
2 BR | Available Now
Contact
Dishwasher
0
$1,100
Spacious Ground Floor 1 Bd - 1ba Apartment In Fountain City! W/d Hookup!
5024 Jacksboro Pike Unit 2 Knoxville, TN
1 BR | Available Now
Contact
0
$1,300
Move-in Special,no Rent Til June 1st! - Nice 2 Bd | 1.5 Ba Townhouse In West Knox Condo Community!
1801 Sweet View Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,495
Evian Tower #306 1br (holj)
510 14th St #306 Knoxville, TN
1 BR | Aug. 1, 2026
Contact
Dishwasher
Pool
University of Tennessee
1
$1,895
Spacious 3 Bd 2.5 Ba Condo W/carport In Heart Of West Knox!
9515 Hidden Oak Way Knoxville, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,400
Updated 2br/1.5ba Condo In Heart Of North Knoxville
4703 Scepter Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Inskip
1
$995
Evian Tower #208 1br (evip)
510 14th St #208 Knoxville, TN
1 BR | Aug. 1, 2026
Contact
Pool
Downtown Knoxville
1
$1,550
Evian Tower #206 1br (evip)
510 14th St #206 Knoxville, TN
1 BR | Aug. 1, 2026
Contact
Dishwasher
Pool
Downtown Knoxville
1
$1,800
Halls Has It -- All One Level 3 Bedroom Home!!
4906 Stewart Ridge Rd Knoxville, TN
3 BR | Available Now
Contact
Dog Friendly
House
0
$1,100
Move-in Special, $1 Rent!! - Spacious 2-bd / 1-ba Apartment - In South Knoxville!
220 Ogle Ave Apt 2 Knoxville, TN
2 BR | Available Now
Contact
Vestal
0
$950
Move-in Special, $1 Rent!! - Springdale Apartments - Spacious 1 Bd - 1ba Apartment In North Knox!
2927 Whittle Springs Rd Unit 2 Knoxville, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,950
Move-in Special, $1 Rent!! - Stunning 2 Bd-2 Ba Condo With 1-car Garage In North Knox! End Unit!
4530 Shamus Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,300
Move-in Special,no Rent Til June 1st! - Nice 2 Bd | 1.5 Ba Townhouse In West Knox Condo Community!
1804 Sweet View Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,100
Spacious Top Floor 1 Bd - 1ba Apartment In Fountain City!
5615 Jacksboro Pike Unit 11 Knoxville, TN
1 BR | Available Now
Contact
0
$1,300
Move-in Special,no Rent Til June 1st! - Nice 2 Bd | 1.5 Ba Townhouse In West Knox Condo Community!
1827 Sweet View Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,500
Move-in Special,no Rent Til June 1st! - 3 Bd | 2 Ba 1st Floor Condo In West Knoxville!
1841 Sweet View Way Unit 113 Knoxville, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,300
Move-in Special,no Rent Til June 1st! - Nice 2 Bd | 1.5 Ba Townhouse In West Knox Condo Community!
1813 Sweet View Way Knoxville, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$2,250
Beautiful 3 Bd/2 Ba Brick Single Family Home W/2-car Garage In Powell!
7265 Palermo Rd Knoxville, TN
3 BR | Jun. 10, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
  1. Home
  2. Knoxville
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Knoxville, TN on Rentable.co?

There are 3 apartments under $500 in Knoxville currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Knoxville?

Rentable.co has 40 studio apartments under $500 available for rent in Knoxville.

How many one-bedroom apartments under $500 are available in Knoxville?

Rentable.co has 176 one-bedroom apartments under $500 available for rent in Knoxville.

How many two-bedroom apartments under $500 are available in Knoxville?

Rentable.co has 71 two-bedroom apartments under $500 available for rent in Knoxville.

Can I afford a apartment under $500 in Knoxville, TN?

To comfortably afford a apartment under $500 in Knoxville based on average rent prices, a household would need an annual income of $10,000.

Which neighborhoods have the most apartments under $500 for rent in Knoxville, TN?

  1. Fort Sanders
  2. Old North Knoxville

Apartments Under $500 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 $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Knoxville and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Knoxville.

Stay tuned for a comprehensive overview of the rental market in Knoxville and make an informed decision when searching for your next apartment under $500.
0 7 15 22 30 <$900 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280 $1,320 $1,360 $1,400 $1,440 $1,480 $1,520 $1,560 $1,600 $1,640 $1,680

Available Apartments Under $500: Knoxville vs. Surrounding Areas

Knoxville, TN
11
In the chart above, you can find the number of available apartments under $500 in Knoxville, TN and the surrounding cities as of May 2026. The cities included in this chart are 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. Currently, there are a total of 14 apartments in the Knoxville, TN metro area that fall within this price range. This information can help you in your search for an affordable apartment in Knoxville and the neighboring cities.

Apartments Under $500 Now vs. Last Month: Knoxville and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Knoxville, TN 11 +1.01%
Farragut, TN 2 +1.0%

Looking for Apartments Under $500 in Knoxville?

Available apartments under $500 332
Top amenities Fitness Center, Dishwasher, On Site Laundry, Refrigerator, Pool
Deals 2
Pet friendly 13
Utilities included 4
Furnished 1
1 Bedroom 18
2 Bedroom 20
3 Bedroom 6
Square footage 42 - 1,468
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