Last updated
Average Rent in Knoxville, TN & Rent Trends
Rent prices and market trends across 5 apartment communities in Knoxville, TN. Updated daily.
Market Average
$1,638/mo
▼ 0.1% from last month
Lowest Available
$975/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
47
available now
Rent by Neighborhood in Knoxville, TN
Compare average rent across Knoxville, TN neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Downtown | $2,147 | $1,150 | 2 | 8 |
| Morningside | $1,840 | $1,555 | 1 | 13 |
| University of Tennessee | $1,380 | $975 | 2 | 26 |
Is Rent Going Up or Down in Knoxville, TN?
As of June 2026, the average rent in Knoxville, TN is $1,638 per month across 5 apartment communities and 47 available units. Rents have decreased $2 (0.1%) over the past month.
The most affordable option is Villas Knoxville starting at $975/mo. By unit type, a studio averages $1,343/mo, a 1-bedroom averages $1,678/mo, a 2-bedroom averages $2,407/mo, a 3-bedroom averages $2,388/mo, a 4-bedroom averages $1,424/mo, a 5-bedroom averages $1,372/mo.
Prices range from $975 to $2,700 per month. The most common price point is the $1,400 range, where 12 units are currently listed.
Knoxville, TN Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Knoxville, TN
Rent Prices by Apartment in Knoxville, TN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Villas Knoxville | $975/mo | $1,353/mo | 19 | 4.9 |
| University Real Estate & Property Management, LLC | $1,150/mo | $1,867/mo | 3 | 3.2 |
| EVER Knoxville | $1,299/mo | $1,455/mo | 7 | 5 |
| 811 East Downtown Apartments | $1,555/mo | $1,840/mo | 13 | 4.5 |
| Terminus Real Estate | $1,775/mo | $2,315/mo | 5 | 4.4 |
Google Search Trends for Knoxville, TN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Knoxville, TN
What is the average rent in Knoxville, TN?
Is rent going up or down in Knoxville, TN?
What is the cheapest apartment in Knoxville, TN?
How much is a 1-bedroom apartment in Knoxville, TN?
How many apartments are available in Knoxville, TN?
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
$66,000/year
Based on the 30 percent rule, using our tracked average rent of $1,638/mo.
Comfortable income
$79,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($975/mo), you need to earn at least $39,000/year.
Median household income in Knoxville, TN is $50,994 , about 35% 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) | $1,638 |
| Utilities | $338 |
| Groceries | $509 |
| Transportation | $805 |
| Healthcare | $393 |
| Other goods and services | $628 |
| Estimated total | $4,311/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.
Explore Knoxville, TN Apartments
Browse all 5 communities with daily-updated pricing and availability.