Average Rent in Knoxville TN
4 apartment buildings, 11 units. Real prices pulled from each property's leasing system this morning.
Avg Rent
$1,747/mo
Cheapest
$1,615/mo
Properties
4
Units
11
Analysis
Rent Price Breakdown
Compare pricing across all 4 properties in Knoxville TN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Knoxville TN Rent Prices
All 4 properties ranked by lowest available rent.
811 East Downtown Apartments
811 Evolve Wy, Knoxville, TN 37915, USA
University Real Estate & Property Management, LLC
603 W Main St Ste 102, Knoxville, TN 37902, USA
SVN | Wood Properties
119 W Fifth Ave #100, Knoxville, TN 37917, USA
Union Knoxville
2136 Cumberland Ave, Knoxville, TN 37916, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | 811 East Downtown Apartments 811 Evolve Wy, Knoxville, TN 37915, USA | $1,615 | $1,641 | $2.41 | 4.5 | 9 |
| 2 | University Real Estate & Property Management, LLC 603 W Main St Ste 102, Knoxville, TN 37902, USA | $1,850 | $2,225 | $2.50 | 3.2 | 2 |
| 3 | SVN | Wood Properties 119 W Fifth Ave #100, Knoxville, TN 37917, USA | -- | -- | -- | 4.9 | 0 |
| 4 | Union Knoxville 2136 Cumberland Ave, Knoxville, TN 37916, USA | -- | -- | -- | 4.5 | 0 |
Explore Each Property
811 East Downtown Apartments
4.5811 Evolve Wy, Knoxville, TN 37915, USA
University Real Estate & Property Management, LLC
3.2603 W Main St Ste 102, Knoxville, TN 37902, USA
SVN | Wood Properties
4.9119 W Fifth Ave #100, Knoxville, TN 37917, USA
Union Knoxville
4.52136 Cumberland Ave, Knoxville, TN 37916, USA
Knoxville TN Average Rent Prices 2026
The average rent in Knoxville TN is $1,747 per month, based on 11 units across 4 apartment communities. Prices range from $1,615 at 811 East Downtown Apartments to $1,850 at University Real Estate & Property Management, LLC.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,662/mo | $1,615/mo | 10 |
| 2 Bed | $2,600/mo | $2,600/mo | 1 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Knoxville TN, and what they pay
Tracked one-bedroom rent in Knoxville TN averages $1,662/mo, with two-bedroom units averaging $2,600/mo. At the local median household income of $50,994, that works out to 41% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Knoxville TN at $1,116/mo. The current tracked market average runs 57% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Knoxville TN while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Knoxville
Demand in the Knoxville rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- Oak Ridge National Laboratory
- University of Tennessee
- Covenant Health
Mean one-way commute in Knoxville TN is 20 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
What salary do I need to live comfortably in Knoxville TN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
30 percent rule -- using our average rent of $1,747/mo.
Comfortable income
$84,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,615/mo), you need to earn at least $65,000/year.
Median household income in Knoxville TN is $50,994 , about 39% below the comfortable-living threshold.
Cost of living in Knoxville TN
Overall prices in Knoxville TN runs below the national average by about 8% (BEA Regional Price Parity index 92.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Knoxville TN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,747 |
| Utilities | $338 |
| Groceries | $509 |
| Transportation | $805 |
| Healthcare | $393 |
| Other goods and services | $628 |
| Estimated total | $4,420/mo |
Population
193,721
Median household income
$50,994
Census median rent
$1,116/mo
Rent as % of income
31.9%
Median age
33.3
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Rent Trends in Knoxville TN
Track how apartment prices are changing over time.
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