Best Affordable Neighborhoods in Knoxville, TN
Some of the cheapest neighborhoods in Knoxville are Creekwood, Belmont West, and Cedar Heights. These neighborhoods offer some of the lowest rent prices in Knoxville, making them ideal for renters on a budget. As of December 21, 2025, the average rent in Knoxville is $1,302, which is 1.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Creekwood
Average Rent
$1,147/Month
TransitScore® Rating
1/100
Units Available
15 Rentals
Creekwood is an affordable neighborhood in Knoxville with an average rent price of $1,147. Compare this to the city average of $1,302. Creekwood provides easy access to McGhee Tyson, South College, and Maloney Road Park. It’s a car-dependent neighborhood with a WalkScore® of 43.
Belmont West
Average Rent
$1,237/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Knoxville, Belmont West might be the perfect place! It has an average rent price of $1,237, while the city’s average stands at $1,302. Belmont West is near Pellissippi State, Hardin, McGhee Tyson, and South College.
Cedar Heights
Average Rent
$1,240/Month
Units Available
14 Rentals
Cedar Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Cedar Heights is $1,240 while the city average is $1,302. Residents enjoy convenient access to Knoxville Zoo, Pellissippi State, Magnolia, and McGhee Tyson.
Uptown Knoxville
Average Rent
$1,255/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
31/100
Units Available
129 Rentals
Known for its central location, Uptown Knoxville is located between I-275 and North Broadway. The neighborhood is filled with historical and affordable housing options. Uptown Knoxville provides easy access to the Knoxville Museum of Art as well as a variety of shops, parks, and breweries.
Far View Hills
Average Rent
$1,273/Month
Units Available
14 Rentals
When you’re looking for a great Knoxville neighborhood on a budget, check out Far View Hills. The average rent is $1,273, compared to the city average of $1,302. Far View Hills is convenient to The Shops at Forest Park, Pellissippi State, Division St, and Maloney Road Park.
Middlebrook Heights
Average Rent
$1,330/Month
TransitScore® Rating
27/100
Units Available
29 Rentals
Middlebrook Heights is an affordable neighborhood in Knoxville with an average rent price of $1,330. Compare this to the city average of $1,302. Middlebrook Heights provides easy access to Marine Park (Tennessee River), Lakeshore Park, and Andes Centre. It’s a car-dependent neighborhood with a WalkScore® of 16.
Dixie Meadows
Average Rent
$1,357/Month
TransitScore® Rating
28/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Knoxville, Dixie Meadows might be the perfect place! It has an average rent price of $1,357, while the city’s average stands at $1,302. Dixie Meadows is near Frank H. McClung Museum, John Tarleton Park, and Maloney Road Park.
Hollywood Hills
Average Rent
$1,371/Month
TransitScore® Rating
29/100
Units Available
17 Rentals
Hollywood Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hollywood Hills is $1,371 while the city average is $1,302. Residents enjoy convenient access to Mercedes Place, Lakeshore Park, and Andes Centre. The neighborhood is considered car-dependent with a WalkScore® of 39.
The Heights of Knoxville
Average Rent
$1,391/Month
TransitScore® Rating
34/100
Units Available
10 Rentals
When you’re looking for a great Knoxville neighborhood on a budget, check out The Heights of Knoxville. The average rent is $1,391, compared to the city average of $1,302. The Heights of Knoxville is convenient to UT Knoxville, McGhee Tyson, and Chapman Commons Shopping Center. The community is car-dependent with a WalkScore® of 35.
Lenland
Average Rent
$1,391/Month
Units Available
10 Rentals
Lenland is an affordable neighborhood in Knoxville with an average rent price of $1,391. Compare this to the city average of $1,302. Lenland provides easy access to Mead's Quarry Park, 125-139 E Moody Ave, and Frank H. McClung Museum.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.