Here Are the Best Affordable Neighborhoods for Renters in Knoxville, TN

If you’re searching for affordable neighborhoods in Knoxville, TN, you’re in luck. Nestled in the heart of East Tennessee, Knoxville combines Southern charm, natural beauty and bustling city life — all without breaking the bank. With an overall cost of living that’s 3% lower than the state average and 13% lower than the national benchmark, this city is a great choice for budget-conscious renters.

Knoxville boasts a variety of neighborhoods, each with unique attractions and amenities to suit every lifestyle. For those who are looking to find rental apartments in an area that doesn’t sacrifice quality and is also easy on the wallet, these five neighborhoods are easy recommendations:

• Amherst
• West View
• Middlebrook Pike
• Bearden
• Rocky Hill

With rent prices lower than national and state averages, these five areas are perfect for renters looking for apartments in Knoxville on a more limited budget. Here’s a closer look at what makes these neighborhoods worth considering.

Amherst: Taking the crown among Knoxville’s best affordable neighborhoods

Average rent as of December 2024: $1,387

Amherst is one of the most affordable neighborhoods in Knoxville, a peaceful suburban area that’s ideal for renters seeking a quiet lifestyle with great connectivity. Known for its tree-lined streets, Amherst also offers easy access to green spaces like Victor Ashe Park, which has walking trails, a dog park, and playgrounds.

Renting in Amherst means enjoying spacious apartments, often with modern amenities like in-unit laundry and community pools. The area is also conveniently located near schools and shopping centers, making it a great choice for families and professionals alike.

West View: A budget-friendly neighborhood with easy access

Average rent as of December 2024: $1,9387

Located just minutes from downtown, West View offers the perfect blend of convenience and affordability, making it an attractive option for those looking for budget-friendly neighborhoods with easy access to Knoxville’s urban core.

The area is dotted with cozy apartment complexes and single-family rental homes. Renting an apartment in West View ensures you will have everything you need close by, with plenty of grocery stores, restaurants, and public transit options in the area.

Middlebrook Pike: A cost-effective location in the heart of Knoxville

Average rent as of December 2024: $1,387

Middlebrook Pike offers renters the best of both worlds — affordability and accessibility, being one of Knoxville’s best affordable neighborhoods for renters on a budget. This area is known for its well-maintained apartment complexes and proximity to major employers, shopping hubs, and healthcare facilities.

Renting in Middlebrook Pike means you’re never far from local attractions like West Town Mall and fun dining spots. Plus, the neighborhood has a laid-back vibe, making it a great place for anyone who values convenience without the hustle and bustle of the city center.

Bearden: A lively neighborhood with affordable charm

Average rent as of December 2024: $1,457

For renters willing to spend slightly more, Bearden is a fantastic option, offering an exciting lifestyle packed with amenities. This neighborhood is a hotspot for dining, shopping, and culture, featuring popular destinations like the Bearden Beer Market and the Shops at Western Plaza.

Apartments in Bearden often come with premium features like fitness centers, swimming pools, and pet-friendly policies. In addition, the area boasts excellent schools and a strong sense of community, making it a top pick for families and young professionals.

Rocky Hill: High-end comfort at an affordable price

Average rent as of December 2024: $1,457

Last, but not least, Rocky Hill combines lavish living with affordability. This neighborhood is known for its scenic beauty, with rolling hills and lush greenery providing a peaceful backdrop.

Many people renting in Rocky Hill enjoy spacious apartments with modern amenities. The area is home to a variety of local attractions, including great hiking trails and charming boutiques. With its friendly atmosphere and excellent amenities, Rocky Hill is one of Knoxville’s best affordable neighborhoods for renters looking for a touch of luxury.

Knoxville’s diverse neighborhoods ensure there’s something for everyone, no matter your lifestyle or budget. Whether you’re drawn to the suburban charm of Amherst and West View, the convenience of Middlebrook Pike, or the thriving energy of Bearden and Rocky Hill, you’re sure to find a budget-friendly neighborhood that feels like home.

Ready to make the move? Start exploring rental listings today and discover why Knoxville is one of the best places for renters in Tennessee. Your affordable dream home is waiting!