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 April 2026, Knoxville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Knoxville's average rent is 1.0% ($14) higher than the Tennessee average of $1,391 and 21.4% ($383) lower than the U.S. average of $1,788.

Average Rent

$1,405

Monthly ChangeMonth Over Month Change

4.2% ($62)

Yearly ChangeYear Over Year Change

14.7% ($242)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,265	0.9% ($11)	2% ($26)
2 Beds	$1,484	2% ($31)	6.7% ($107)
3 Beds	$2,089	0.6% ($13)	7.6% ($173)

Nearby Cities	Average Rent	Avg. Rent vs. KnoxvilleAverage Rent vs. Knoxville	Avg. Days on MarketAverage Days on Market
Powell	$1,548	10.2% ($143)	33 days
Louisville	$1,344	4.3% ($61)	39 days
Alcoa	$1,472	4.8% ($67)	43 days
Seymour	$1,551	10.4% ($146)	33 days
Farragut	$1,889	34.4% ($484)	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.

What is the average rent in Knoxville, TN?

The average rent in Knoxville, TN is $1,405 per month.

What is the rental price range for homes in Knoxville, TN?

Homes in Knoxville typically rent for between $886 and $2,716 per month, with an average of $1,405 per month.

What is the average rent for different bedroom sizes in Knoxville, TN?

In Knoxville, the average rent for a 1-bedroom home is $1,265 per month, for a 2-bedroom home, $1,484 per month, and a 3-bedroom home is $2,089 per month.

How do rent prices in Knoxville, TN compare with the national average?

The average rent in Knoxville is 21.4% ($383) lower than the national average of $1,788 per month.

How have rent prices in Knoxville, TN changed recently?

The average rent in Knoxville has decreased by 4.2% ($62) in the last month and decreased by 14.7% ($242) over the past year.

How competitive is the rental market in Knoxville, TN?

The rental market in Knoxville, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Knoxville, TN?

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.

How many rental properties are available in Knoxville, TN?

There are currently 346 rental properties available in Knoxville, TN.

Can I afford to rent a home in Knoxville, TN?

Based on the current averages, a household would need an annual income of $59,360 to comfortably afford a 2-bedroom home in Knoxville.