Prices last verified
Average Rent in Knoxville, TN & Rent Trends
Rent prices and market trends across 2 apartment communities in Knoxville, TN. Updated daily.
Market Average
$1,841/mo
Lowest Listed
$1,496/mo
as of Oct 8
Communities
2
tracked daily
Units Listed
19
as of Oct 8
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Rent by Neighborhood in Knoxville, TN
Compare average rent across Knoxville, TN neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Morningside | $1,996 | ▲ $12 | $1,615 | 1 | 21 |
| University of Tennessee | $1,295 | ▲ $134 | $879 | 3 | 108 |
| Knoxville 37920 | $845 | - | $750 | 1 | 5 |
Is Rent Going Up or Down in Knoxville, TN?
As of October 2026, the average rent in Knoxville, TN is $1,841 per month across 2 apartment communities and 19 recently listed units.
The most affordable option is Union Knoxville starting at $1,496/mo. By unit type, a 2-bedroom averages $1,841/mo.
Prices range from $1,496 to $1,995 per month. The most common price point is the $1,800 range, where 14 units were listed.
Rent Price Distribution
Rent by Bedroom Type in Knoxville, TN
Rent Prices by Apartment in Knoxville, TN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Union Knoxville | $1,496/mo | $1,544/mo | 5 | 4.5 |
| 811 East Downtown Apartments | $1,815/mo | $1,946/mo | 14 | 4.5 |
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 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
$74,000/year
Based on the 30 percent rule, using our tracked average rent of $1,841/mo.
Comfortable income
$88,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,496/mo), you need to earn at least $60,000/year.
Median household income in Knoxville, TN is $50,994 , about 42% 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) | $1,841 |
| Utilities | $338 |
| Groceries | $509 |
| Transportation | $805 |
| Healthcare | $393 |
| Other goods and services | $628 |
| Estimated total | $4,514/mo |
Population
193,721
Median household income
$50,994
Census median rent
$1,116/mo
Census rent burden
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.
Google Search Trends for Knoxville, TN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Knoxville, TN Apartments
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