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.
As of May 2026, Knoxville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Knoxville's average rent is 2.7% ($38) higher than the Tennessee average of $1,385 and 20.5% ($366) lower than the U.S. average of $1,789.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,267 | 0.2% ($2) | 16.2% ($245) |
| 2 Beds | $1,493 | 0.6% ($9) | 19.9% ($370) |
| 3 Beds | $2,141 | 2.5% ($52) | 21.7% ($594) |
| Nearby Cities | Average Rent | Avg. Rent vs. KnoxvilleAverage Rent vs. Knoxville | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Powell | $1,395 | 2% ($28) | 33 days |
| Louisville | $1,309 | 8% ($114) | 39 days |
| Alcoa | $1,487 | 4.5% ($64) | 43 days |
| Seymour | $1,551 | 9% ($128) | 33 days |
| Farragut | $1,816 | 27.6% ($393) | 36 days |
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