3,195

Knoxville, TN Homes for Rent

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  • /69

    Starting at $1,599 Per Month

    • 1 - 2 Beds

    215 Florida Ave, Knoxville, TN 37915

    Live Where Downtown, UT, and the Ballpark Converge — Now Leasing with at Two Months Free!BRAND NEW Yardley Flats puts you right where Knoxville comes alive — minutes from the University of Tennessee, steps from downtown’s restaurants and nightlife, and overlooking the city’s newest landmark, Covenant Health Park. Enjoy stadium views, modern interiors, and amenities designed for connection and

    Yardley Flats Apartments

    215 Florida Ave, Knoxville, TN 37915
  • /26

    $1,800 Per Month

    • 2 Beds
    • 2 Baths
    • 1,172 Sq Ft
    • Condo for Rent

    1315 Lucy Way Unit 7, Knoxville, TN 37912

    Nestled on a quiet dead-end street with quick access to Clinton Hwy and I-640, this condo offers 2 bedrooms and 2 full baths across 1,172 sq. ft. Inside you'll find a spacious living room, dedicated dining area and laundry room. This home has all brand new kitchen appliances. Enjoy a private fenced backyard, plus a peaceful front view of trees and green space. Recent updates include new exterior

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    1315 Lucy Way Unit 7, Knoxville, TN 37912
  • /31

    Starting at $1,575 Per Month

    • 1 - 3 Beds

    11613 Vista Terrace Way, Knoxville, TN 37932

    West Knoxville & Farragut's newest, premier one, two and three bedroom apartment homes! The Overlook at Farragut brings a whole new meaning to luxury & resort-style living! The spacious apartment homes feature high-end finishes such as sleek stainless steel appliances, solid maple wood cabinetry, elegant granite counter-tops in the kitchen & bathrooms, 9ft ceilings & more. Additionally, the homes

    Overlook at Farragut

    11613 Vista Terrace Way, Knoxville, TN 37932
  • /39

    $3,850 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,250 Sq Ft
    • House for Rent

    1750 Hickory Reserve Rd, Knoxville, TN 37932

    Beautiful 4-Bedroom Home for Rent in West Knoxville | Prime Location & Community PoolWelcome home to this beautifully upgraded 4-bedroom, 3.5-bath residence located in one of West Knoxville's most sought-after communities. Conveniently situated near Turkey Creek, Farragut, Oak Ridge, top-rated shopping, dining, parks, and major commuting routes, this home offers both comfort and convenience.

    Agent Photo

    Jenay Farrell

    Realty One Group Ascend

    1750 Hickory Reserve Rd, Knoxville, TN 37932
  • /75

    Starting at $1,555 Per Month

    • 1 - 3 Beds

    2411 Wave Rock Way, Knoxville, TN 37932

    Welcome to Waterstone Apartments!WE CURRENTLY HAVE 1, 2 AND, 3 BEDROOMS AVAILABLE FOR MOVE-INS. Call today before they are gone!!Please call our office to schedule an in-person tour or feel free to check out our virtual tours found through this listing! Walk ins and Appointments are welcome! Living at Waterstone elevates the details of daily life. Our beautiful new one-,

    Waterstone Apartments

    2411 Wave Rock Way, Knoxville, TN 37932
  • /18

    $1,450 Per Month

    • 2 Beds
    • 1 Bath
    • 928 Sq Ft
    • Condo for Rent

    431 Canberra Dr Unit 431, Knoxville, TN 37923

    Discover comfortable, modern living in this spacious, newly renovated 2-bedroom, 1-bath ground-floor condo, perfectly situated in the highly desirable West Knoxville area. This inviting home features a generous layout with plenty of storage and elegant French doors that open directly onto a private patio, perfect for enjoying your morning coffee or relaxing outdoors. Residents will enjoy

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    431 Canberra Dr Unit 431, Knoxville, TN 37923
  • /27

    Starting at $1,541 Per Month

    • 1 - 3 Beds

    1703 Island Home, Knoxville, TN 37920

    Nestled on the banks of the Tennessee River, Rivers Edge Apartments offers luxury accommodations in the heart of Rocky Top. Located on Island Home Avenue, just minutes from downtown Knoxville, and the University of Tennessee, Rivers Edge has a true resort feel. Walk to the River, bike to Greenways, or hang out at our pool.

    River’s Edge Apartments

    1703 Island Home, Knoxville, TN 37920
  • /26

    $1,895 Per Month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    2638 Barton St, Knoxville, TN 37917

    Newly Renovated home in North Knoxville. This home has been totally renovated. New hardwood laminate flooring. New stainless steel kitchen appliances, New vanities, New fixtures, New lighting, New insulation, New windows. New Electrical.. Large fenced yard and screened in back porch.

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    2638 Barton St, Knoxville, TN 37917
  • /38

    Starting at $1,555 Per Month

    • 1 - 3 Beds

    811 Evolve Way, Knoxville, TN 37915

    Welcome home to 811 East Downtown, Knoxville’s premier luxury apartment community near the University of Tennessee campus. Perfectly situated in the heart of downtown, our community offers a vibrant, connected lifestyle — close to the city’s best dining, shopping, entertainment, and outdoor recreation, all while providing the peaceful retreat you deserve.Choose from beautifully designed one-,

    811 East Downtown

    811 Evolve Way, Knoxville, TN 37915
  • /16

    $1,750 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    7351 Green Estates Way, Knoxville, TN 37918

    Almost new one level townhome with a 1 car attached garage! Immediate Availability! Great location! Very convenient to Powell, I-75 and downtown! All kitchen appliances included! Full size washer and dryer connections and LVP flooring throughout! All of the comforts of home with the convenience of renting!

    Agent Photo

    Corinne Hampton

    King Real Estate Services,Inc

    7351 Green Estates Way, Knoxville, TN 37918
  • /45

    Starting at $1,429 Per Month

    • 1 - 3 Beds

    651 Rainforest Rd, Knoxville, TN 37923

    ?Nestled in the heart of West Knoxville, The Reserve at Raintree is just minutes from the city's best dining, shopping, and entertainment.The newly built property offers exceptional amenities, superior design, and thoughtfully designed one-, two-, and three-bedroom homes.You'll love living at The Reserve at Raintree!

    The Reserve at Raintree

    651 Rainforest Rd, Knoxville, TN 37923
  • /51

    $2,695 Per Month

    • 4 Beds
    • 2 Baths
    • 1,730 Sq Ft
    • House for Rent

    12201 W Kings Gate Rd, Knoxville, TN 37934

    JUST COMPLETELY UPDATED AND REMODELED 4 BEDROOM, 2 .5 BATH HOME W NEW VINYL PLANK FLOORING, GRANITE KITCHEN COUNTERS,LARGE DECK,CUSTOM TRIMS AND SHOE MOLDS LARGE WOOD FENCED YARD , HUGE CORNER LOT ,NEW EVERYTHING , FARRAGUT SCHOOLS CLOSE TO TURKEY CREEK AND THE LAKE,PARKS ETC 12 MONTH LEASE

    Agent Photo

    Michael Allen

    Imagine Real Estate

    12201 W Kings Gate Rd, Knoxville, TN 37934
  • /47

    Starting at $1,331 Per Month

    • Studio - 3 Beds

    10865 Parkside Dr, Knoxville, TN 37934

    City West at Turkey Creek brings luxury living to Knoxville's premier shopping, dining, and entertainment district. At City West, the world is at your doorstep: walk to your favorite restaurants, shops, and entertainment venues, and easy access to the Turkey Creek Greenway system. With its West Knoxville location, you're minutes away from all Knoxville offers. The community features luxurious

    City West at Turkey Creek

    10865 Parkside Dr, Knoxville, TN 37934
  • /30

    $2,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,453 Sq Ft
    • House for Rent

    10160 Highgate Cir, Knoxville, TN 37931

    THIS HOUSE IS ONLY AVAILABLE FOR SHORT TERM RENTAL UNTIL 12/31/26. The house is fully furnished and utilities are included up to $300 per month. $2,900/month for 6 month lease $2,500/month for 3 month lease or less. Only Available until New Year's Eve. Lawn care/garbage is included. House is carpeted, but trained pets are allowed with a pet fee. Short term rental available (3 months +). Fully

    Agent Photo

    Karen George

    Walton George Realty Group

    10160 Highgate Cir, Knoxville, TN 37931
  • /41

    Starting at $1,719 Per Month

    • 1 - 3 Beds

    410 Walker Springs Rd, Knoxville, TN 37923

    Discover your optimal place to call home. The sweet spot just beyond the hustle and bustle of downtown Knoxville, here you'll find a dynamic community built to connect you with a more balanced lifestyle. An energized location puts you in touch with the outdoors, Downtown, and everything in between. Activated amenities are crafted for complete enjoyment and endless possibilities. Sophisticated

    The Rowan

    410 Walker Springs Rd, Knoxville, TN 37923
  • /30

    $2,145 Per Month

    • 3 Beds
    • 1 Bath
    • 1,125 Sq Ft
    • House for Rent

    4821 Gettysburg Rd, Knoxville, TN 37921

    Welcome to this well-located property offering comfort, convenience, and great potential in the heart of Knoxville. This home features a functional layout with spacious living areas designed for everyday living and ease of use. Natural light flows throughout the interior, creating a warm and inviting atmosphere. The kitchen and common areas are well-positioned for both daily living and

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    4821 Gettysburg Rd, Knoxville, TN 37921
  • /34

    Starting at $1,200 Per Month

    • 1 - 2 Beds

    2004 City Vista Way, Knoxville, TN 37920

    City South Apartments offers premier urban living in Knoxville's thriving Old Sevier neighborhood. Located moments away from the Gay Street bridge right across the Tennessee River from Downtown Knoxville and near the Urban Wilderness, our community blends city convenience with easy access to outdoor adventures. With nearby parks, rivers, and greenways, City South is your ideal home for

    City South Apartments

    2004 City Vista Way, Knoxville, TN 37920
  • /37

    $2,795 Per Month

    • 3 Beds
    • 2 Baths
    • 1,936 Sq Ft
    • House for Rent

    201 Farlow Dr, Knoxville, TN 37934

    Beautifully updated 3BR 2BA home on a large corner lot in a quiet neighborhood. Large front porch and even one in the back. Sitting area in the huge fenced-in back yard. Lovely hardwood floors, huge master suite, open eat-in kitchen. Stainless appliances and storage. Split floor plan, and attached workshop for multi use. Some pets are accepted with owner approval, fees, and monthly pet rent.

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    201 Farlow Dr, Knoxville, TN 37934
  • /4

    Starting at $1,659 Per Month

    • 1 - 3 Beds

    10801 Austrian Pine Way, Knoxville, TN 37932

    Located in the heart of West Knoxville just off Lovell Road, Icon at Lovell Road is perfectly positioned for convenience, residents enjoy effortless access to Oak Ridge, Maryville, Downtown Knoxville, and all the premier shopping, dining, and entertainment just minutes away in Turkey Creek. Offering thoughtfully designed one-, two-, and three-bedroom apartment homes, each residence showcases

    Icon Apartment Homes at Lovell Road

    10801 Austrian Pine Way, Knoxville, TN 37932
  • /36

    $2,195 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • House for Rent

    301 E Quincy Ave, Knoxville, TN 37917

    FULLY UPDATED North Knoxville Charmer! Featuring 3 bedrooms and 2 bathrooms with large spacious layout flowing from the living room to the kitchen with modern farmhouse finishes throughout! Featuring custom touches throughout, custom woodwork, barn doors, tile, and floating shelves! NEW UPDATES include: electrical wiring & panel, plumbing, HVAC, roof, siding, windows, fascia & soffit, gutters &

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    301 E Quincy Ave, Knoxville, TN 37917
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    Starting at $1,609 Per Month

    • 1 - 2 Beds

    4616 Blue Diamond Way, Knoxville, TN 37917

    The Jewel Washington Pike is a rare gem of apartment living! The beautiful community offers NEW luxury apartments in a convenient location at an unbeatable price. The one bedroom and two bedroom apartments have spacious interiors an large balconies. The luxurious interiors feature large, open island kitchens with marble countertops. Each apartment features full-size washer and dryer at no

    The Jewel Washington Pike

    4616 Blue Diamond Way, Knoxville, TN 37917
  • /40

    $2,595 Per Month

    • 5 Beds
    • 3 Baths
    • 2,511 Sq Ft
    • House for Rent

    4420 Blackberry Trellis Ln, Knoxville, TN 37938

    Don't miss this Halls home with 5 bedrooms and 3 full bathrooms! Open kitchen features granite. Fenced-in backyard is perfect for entertaining. House is like-new and move-in ready!

    Agent Photo

    Mike Yarbrough

    Asset Realty Management, Inc.

    4420 Blackberry Trellis Ln, Knoxville, TN 37938
  • /40

    Starting at $1,764 Per Month

    • 1 - 2 Beds

    906 Waterfront Dr, Knoxville, TN 37920

    South Banks is Knoxville's newest luxury waterfront community. Featuring one and 2-bedroom apartments set in the heart of South Knoxville, South Banks will be the perfect home base for your Knoxville adventures! Suttree Landing Park is right at your doorstep, with incredible views of the Tennessee River and access to Knoxville's Urban Wilderness, Greenway, and Blueway systems. A short walk away

    South Banks at Suttree Landing

    906 Waterfront Dr, Knoxville, TN 37920
  • /70

    Starting at $2,595

    Total Monthly Price

    • 3 - 4 Beds

    3732 Fripp Place Way, Knoxville, TN 37918

    Highline at Knoxville offers the ideal luxury home living, with direct access to I-640 and Downtown Knoxville for an easy commute.Our brand new single-family homes and townhomes for rent offer floor plans with your choice of three and four bedrooms. Every home has a private backyard, two-car garage and driveway. Each home is nicely appointed with upgraded interior features such as

    Highline at Knoxville

    3732 Fripp Place Way, Knoxville, TN 37918
  • /32

    Starting at $1,490 Per Month

    • 1 - 3 Beds

    8860 Crescent Lake Way, Knoxville, TN 37923

    1, 2 & 3 BEDROOM LUXURY APARTMENTS! IN THE HEART OF WEST KNOXVILLE! WALKING DISTANCE TO CRESCENT SHOPS ON EBENEZER RD!

    Crescent Ebenezer

    8860 Crescent Lake Way, Knoxville, TN 37923
  • /48

    Starting at $899 Per Month

    • 1 - 4 Beds

    222 E Blount Ave, Knoxville, TN 37920

    Welcome to our Knoxville student housing, where every floor plan is meticulously designed to cater to the unique needs of our students. Experience the perfect blend of modern elegance and comfort with our new modern finishes and contemporary furnishings. What sets us apart is the privacy and personalization we offer, with each bedroom having its own bathroom. Customize your own space and enjoy

    The Davy

    222 E Blount Ave, Knoxville, TN 37920
  • /65

    Starting at $1,438 Per Month

    • 1 - 3 Beds

    8301 Block House Way, Knoxville, TN 37923

    Find your new home at Walker's Crossing, formerly Bell Walker's Crossing, sophisticated suburban living in West Knoxville, TN. Located minutes from Turkey Creek, West Town Mall, and Downtown Knoxville. Our pet-friendly community offers everything you need for a thriving lifestyle.

    Walker's Crossing

    8301 Block House Way, Knoxville, TN 37923
  • /121

    Starting at $1,575

    Total Monthly Price

    • 2 - 3 Beds

    505 Fox Crossing Blvd, Knoxville, TN 37923

    Fox Lake Apartment Homes offers beautiful and spacious 2 and 3-bedroom apartments in West Knoxville, Tennessee.All of our apartments include deep walk-in closets, washer and dryer hookups, a private patio or deck, dishwasher, garbage disposal, designer lighting and paint colors, and 24/7 emergency maintenance.Our apartment community amenities include on-site professional leasing

    Fox Lake Apartment Homes

    505 Fox Crossing Blvd, Knoxville, TN 37923
  • /58

    Starting at $1,499 Per Month

    • 1 - 2 Beds

    2700 Emerald Green Way, Knoxville, TN 37917

    Positioned in one of Knoxville's most desirable locations, Emerald Knoxville offers the perfect balance of peaceful suburban living and urban accessibility. Enjoy the serenity of your residential retreat while remaining just minutes from downtown's dining, entertainment, and cultural attractions. With easy access to major thoroughfares and proximity to essential services, your new address places

    Emerald Knoxville Apartments

    2700 Emerald Green Way, Knoxville, TN 37917
  • /156

    Starting at $1,779 Per Month

    • 1 - 3 Beds

    962 Mabry Hood Rd, Knoxville, TN 37932

    Elmstead

    962 Mabry Hood Rd, Knoxville, TN 37932
  • /52

    Starting at $2,500 Per Month

    • 2 - 4 Beds

    2165 Casablanca Way, Knoxville, TN 37932

    NEW CONSTRUCTION OFFERING 2, 3 & 4 BEDROOM TOWNHOMES, each with a PRIVATE GARAGE.Steele Landing is a beautiful, serene, luxury townhome rental community in magnificent Hardin Valley, featuring 133 multi-level townhomes with private garages. Our residents will enjoy mountain views, easy access to Pellissippi Parkway (162), and the many shopping and dining venues on Hardin Valley Road. Steele

    Steele Landing Townhome Rentals

    2165 Casablanca Way, Knoxville, TN 37932
  • /95

    Starting at $1,713 Per Month

    • 1 - 3 Beds

    1003 Chelsea Place Way, Knoxville, TN 37932

    Looking for the best apartments or townhomes in West Knoxville? Look no further! The Chelsea on Cornerstone invites you to explore our brand-new, pet-friendly community, designed to prioritize resident satisfaction with a wealth of amenities including a hammock garden, resort-style pool, cozy firepit areas, basketball/pickleball court, state-of-the-art fitness center, community lounge with remote

    The Chelsea on Cornerstone

    1003 Chelsea Place Way, Knoxville, TN 37932
  • /64

    Starting at $2,500 Per Month

    • 4 Beds

    7340 Coatney Rd, Knoxville, TN 37920

    You will fall in love with the open floor plan of this custom townhome featuring 4 bedrooms, 3 baths that has the primary bedroom on the main floor. The home has many custom designed features including hardwood style flooring, washer/dryer connections, Samsung stainless steel appliances, a relaxing patio, 2 car garage, additional storage, recessed lighting, granite counters, tiled backsplashes,

    Cherokee Farmhouse Villas

    7340 Coatney Rd, Knoxville, TN 37920
  • /21

    Starting at $1,199

    Total Monthly Price

    • 2 - 5 Beds

    1919 Lake Ave, Knoxville, TN 37916

    Brand-new student living steps from UTK. EVER brings you the best of off-campus life, located across the street from the prestigious University of Tennessee campus, with a friendly neighborhood vibe. Burnout is no match for our comprehensive wellness facilities - from a designer cafe, to an innovative fitness center, a meditation room, relaxation sauna and even yoga studios.

    EVER Knoxville

    1919 Lake Ave, Knoxville, TN 37916
  • /49

    Starting at $1,275 Per Month

    • Studio - 2 Beds

    2701 Sevier Ave, Knoxville, TN 37920

    Choose from our variety of floor plans in Knoxville, Tennessee, and have it all – a spacious layout, light-filled rooms, and convenient features and amenities. Our Knoxville location is ideally situated near restaurants, shopping, major employers, and great schools. The Adelade will far exceed your expectations. Tour your new home today by contacting our leasing office.

    The Adelade

    2701 Sevier Ave, Knoxville, TN 37920
  • /11

    Starting at $1,070 Per Month

    • 1 - 3 Beds

    2132 Adair Dr, Knoxville, TN 37918

    Park at Fountain City provides a peaceful retreat with stylish interiors and community-focused amenities. Nestled among landscaped grounds, residents enjoy modern apartment living with convenient access to local attractions, green spaces, and a welcoming neighborhood vibe

    The Park at Fountain City

    2132 Adair Dr, Knoxville, TN 37918
  • /3

    Starting at $1,499 Per Month

    • 1 - 3 Beds

    7534 Shoal Creek Way, Knoxville, TN 37920

    Welcome to Caelian South Grove, where modern luxury meets the cultural vibrancy of historic South Knoxville affectionately known as SoKno. Just south of the river and minutes from Downtown Knoxville and the University of Tennessee, our thoughtfully designed one-, two-, and three-bedroom apartment homes offer an elevated lifestyle rooted in community, creativity, and convenience.

    Caelian South Grove Apartments

    7534 Shoal Creek Way, Knoxville, TN 37920
  • /70

    Starting at $1,026 Per Month

    • Studio - 2 Beds

    9007 Ten Mile Rd, Knoxville, TN 37923

    Welcome home to Brendon Park Apartments in Knoxville, Tennessee. Our community has 26 park-like acres with astonishing landscaping and mature shade trees. Our location gives you the contemporary lifestyle you have been dreaming of. The convenient location is near many local hot spots, like restaurants, shopping, and entertainment venues. Easy access to Interstates 75 and 40 makes your gateway to

    Brendon Park Apartments

    9007 Ten Mile Rd, Knoxville, TN 37923
  • /8

    Starting at $979 Per Month

    • 1 - 3 Beds

    5237 Tillery Rd, Knoxville, TN 37912

    Located in the heart of Northwest Knoxville, our modern apartments offer the ultimate gateway to the dynamic Downtown and Knoxville’s Old City. Experience the excitement of brand-new amenity spaces and step into newly-renovated home interiors featuring modern cabinetry, wood-style flooring, and white appliance. Choose from our one, two and three-bedroom apartments designed for contemporary

    North Park Apartments

    5237 Tillery Rd, Knoxville, TN 37912
  • /20

    Starting at $1,619 Per Month

    • 1 - 3 Beds

    8700 Hopemont Way, Knoxville, TN 37923

    Come step into our serene surroundings and enjoy a lifestyle filled with endless comforts and conveniences here at Bridlewood on Westland! Our spacious apartment homes come fully equipped with bright large windows, gourmet kitchens with built in pantries, and spacious bathrooms with garden tubs. Take advantage of all the highly desirable community amenities we offer here at Bridlewood on

    Bridlewood on Westland

    8700 Hopemont Way, Knoxville, TN 37923

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Why Live in Knoxville

Knoxville's Market Square buzzes with local shops and year-round events, while Ijams Nature Center and the Urban Wilderness provide over 50 miles of hiking and biking trails. The historic Tennessee Theatre hosts performances in an ornate 1920s movie palace setting, and the iconic Sunsphere tower stands tall in World's Fair Park. The culinary scene features James Beard-winning J.C. Holdway's Appalachian cuisine and Yassin's Falafel House, named "Nicest Place in America." The city sits just an hour from Great Smoky Mountains National Park, with the Tennessee River flowing through downtown at Volunteer Landing.

The housing market spans diverse price points across distinct neighborhoods. The median single-family home price is $410,000, with upscale Sequoyah Hills commanding a median of $1,025,000 and Old North Knoxville at $385,000. Downtown Knoxville condos have a median price of $486,500 for one bedroom units and $693,000 for two bedrooms. Bearden and Fourth & Gill feature single-family homes with median prices of $558,000 and $530,000 respectively.

Knoxville's cost of living sits 13.7% below the national average. A family with school-age children needs approximately $92,000 annually to live comfortably, while renters require about $47,000. Property taxes remain competitive at 0.48%, lower than Oak Ridge at 0.62%. The city has strong education options, including the A+ rated private Webb School of Knoxville and the public L&N STEM Academy. Major employers include the University of Tennessee, Oak Ridge National Laboratory, and Covenant Health. The Knoxville Area Transit system serves the downtown area, though most residents rely on personal vehicles for transportation.

Frequently Asked Questions

How much does it cost to rent a home in Knoxville, TN?
The median rent for a home in Knoxville, TN is $2,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Knoxville, TN?
To comfortably afford the median rent in Knoxville, TN, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Knoxville, TN, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Knoxville, TN?
In Knoxville, TN, the price-to-rent ratio is 16.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Knoxville, TN are best for renting a home?
The best neighborhood for renting in Knoxville, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Fort Sanders, Downtown Knoxville, Magnolia Warehouse District, South Knoxville and Marble City, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
668
Median Rent
$2,000
Median Single Family Home Rent
$2,115
Median Townhouse Rent
$1,538
Median Condo Rent
$1,700
How to Rent a Home