Homes For Rent in Knoxville, TN

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What to Know About

Living in Knoxville, TN

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 March 2025, Knoxville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Knoxville's average rent is 0.9% ($14) higher than the Tennessee average of $1,609 and 9.2% ($165) lower than the U.S. average of $1,788.

Average Rent
$1,623
Monthly ChangeMonth Over Month Change
Increased3% ($48)
Yearly ChangeYear Over Year Change
Decreased8.3% ($147)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,366 Increased3.3% ($43) Increased3.7% ($49)
2 Beds $1,562 Increased1.5% ($23) Decreased2.3% ($36)
3 Beds $2,182 Increased20.8% ($376) Decreased0.2% ($4)
Nearby Cities Average Rent Avg. Rent vs. KnoxvilleAverage Rent vs. Knoxville Avg. Days on MarketAverage Days on Market
Powell $2,082 Increased28.3% ($459) 33 days
Louisville $1,572 Decreased3.1% ($51) 39 days
Alcoa $1,837 Increased13.2% ($214) 43 days
Corryton $1,760 Increased8.4% ($137) 33 days
Seymour $2,122 Increased30.7% ($499) 33 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 $1,623 per month.
Homes in Knoxville typically rent for between $956 and $2,837 per month, with an average of $1,623 per month.
In Knoxville, the average rent for a 1-bedroom home is $1,366 per month, for a 2-bedroom home, $1,562 per month, and a 3-bedroom home is $2,182 per month.
The average rent in Knoxville is 9.2% ($165) lower than the national average of $1,788 per month.
The average rent in Knoxville has increased by 3.0% ($48) in the last month and decreased by 8.3% ($147) 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 321 rental properties available in Knoxville, TN.
Based on the current averages, a household would need an annual income of $62,480 to comfortably afford a 2-bedroom home in Knoxville.
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