Apartments for Rent in 37920

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What to Know About

Living in 37920

Knoxville is a vibrant and growing city nestled in the foothills of the Great Smoky Mountains. Visitors can explore the city's past by visiting the James White Fort, Blount Mansion, East Tennessee History Center, and Knoxville Museum of Art and its present at the Tennessee Theatre and the Bijou Theatre. Home to the University of Tennessee, Knoxville is a college town with a lively and diverse atmosphere. Knoxville also has a thriving local economy, with plenty of job opportunities and excellent wages.

Take advantage of Knoxville's natural beauty at the Great Smoky Mountains, Knoxville Urban Wilderness, which offers over 50 miles of hiking and biking trails, kayaking on the Tennessee River or biking through the city's many parks and trails. The city boasts a thriving downtown area, offering many restaurants, bars, boutiques, and galleries. Knoxville has several yearly events showcasing the city's diverse culture and community spirit, such as the International Biscuit Festival and Dogwood Arts Festival.

Knoxville offers an excellent quality of life with a low cost of living, making it an attractive option for those looking for a great place to live.

Rental Market Trends

Knoxville, TN

As of June 2026, Knoxville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Knoxville's average rent is 5.7% ($80) higher than the Tennessee average of $1,397 and 17.8% ($320) lower than the U.S. average of $1,797.

Average Rent
$1,477
Monthly ChangeMonth Over Month Change
Increased3.8% ($54)
Yearly ChangeYear Over Year Change
Decreased9.5% ($155)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,309 Increased3.3% ($42) Decreased12% ($179)
2 Beds $1,542 Increased3.3% ($49) Decreased8.3% ($139)
3 Beds $2,212 Increased3.3% ($71) Increased9.9% ($200)
Nearby Cities Average Rent Avg. Rent vs. KnoxvilleAverage Rent vs. Knoxville Avg. Days on MarketAverage Days on Market
Powell $1,360 Decreased7.9% ($117) 33 days
Louisville $1,260 Decreased14.7% ($217) 39 days
Alcoa $1,464 Decreased0.9% ($13) 43 days
Seymour $1,551 Increased5% ($74) 33 days
Farragut $1,773 Increased20% ($296) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Knoxville Rental Market FAQs

Explore rental prices, market trends, and availability in Knoxville, TN.

The average rent in Knoxville, TN is $1,477 per month.
Apartments in Knoxville typically rent for between $916 and $2,876 per month, with an average of $1,477 per month.
In Knoxville, the average rent for a 1-bedroom apartment is $1,309 per month, for a 2-bedroom apartment, $1,542 per month, and a 3-bedroom apartment is $2,212 per month.
The average rent in Knoxville is 17.8% ($320) lower than the national average of $1,797 per month.
The average rent in Knoxville has increased by 3.8% ($54) in the last month and decreased by 9.5% ($155) over the past year.
The rental market in Knoxville, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Knoxville, TN, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 348 rental properties available in Knoxville, TN.
Based on the current averages, a household would need an annual income of $61,680 to comfortably afford a 2-bedroom apartment in Knoxville.
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