How many apartments are available in Knoxville, TN on Rentable.co?

Rentable.co has over 10,495 apartments available in Knoxville.

What is the average rent for a studio apartment in Knoxville, TN?

The average rent for a <a href='/knoxville-tn/studio-apartments-for-rent' >studio apartment</a> in Knoxville is around $920 per month.

What is the average rent for a one-bedroom apartment in Knoxville, TN?

The average rent for a <a href='/knoxville-tn/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Knoxville is around $1,300 per month.

What is the average rent for a two-bedroom apartment in Knoxville, TN?

The average rent for a <a href='/knoxville-tn/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Knoxville is around $1,500 per month.

How expensive is it to rent an apartment in Knoxville, TN?

For a two-bedroom apartment in Knoxville, the average rent price is $1,500 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Knoxville, TN?

Based on average rent prices in Knoxville, to afford a <a href='/knoxville-tn/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $37,000 to live comfortably.

Apartments Near University of Tennessee

Knoxville:
December Rent Report

Welcome to the December 2024 Knoxville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Knoxville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Knoxville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Knoxville average rent prices in the chart below.

Monthly Rent Report

$1,600

$1,200

$800

$400

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

1 BR 2 BR

Knoxville Rent Prices Increase From November to December

Knoxville rent prices increased over the last month. From November to December, the city experienced a 2.14% increase for the price of a one-bedroom apartment. The rent price for a Knoxville one-bedroom apartments currently stands at $1,432.0.

When we take a look at the two-bedroom comparison from November to December, Knoxville experienced a 1.06% increase for the price of a two-bedroom apartment. The rent price for a Knoxville two-bedroom apartments currently stands at $1,526.0.

December Prices: Knoxville vs. Surrounding Areas

Sevierville, TN

Knoxville, TN

Pigeon Forge, TN

Oak Ridge, TN

Maryville, TN

$1,495

$1,402

$1,313

$1,185

$1,128

$500

$1,000

$1,500

$2,000

Median 1 BR Rent

Rent Prices in Knoxville and Surrounding Areas

Rent prices have increased in Knoxville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Knoxville suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Maryville, TN, Oak Ridge, TN, Pigeon Forge, TN .
Rent decreased in Sevierville, TN.
1 suburb is currently priced higher than the city of Knoxville.
3 suburbs are currently priced lower than the city of Knoxville.

December 2024 Pricing Trends: Knoxville vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Knoxville, TN

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,134

$3,160

$2,389

$2,353

$1,914

$1,402

$1,318

$1,255

$1,234

$1,350

$2,700

$4,050

$5,400

Median Rent

Knoxville Rent Prices More Affordable Than Major Cities

Rent growth in Knoxville over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Knoxville average rent prices appear to be relatively affordable for local residents.

The price for a Knoxville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Knoxville and surrounding area rent prices, take a look at the complete data set below.

Data set for Knoxville and suburbs

	1 BR December	1 BR M/M % Change	2 BR December	2 BR M/M % Change
Knoxville, TN	$1,402.0	1.01%	$1,510.0	0.60%
Maryville, TN	$1,128.0	0.36%	$1,427.0	2.74%
Oak Ridge, TN	$1,185.0	0.34%	$1,422.0	8.06%
Pigeon Forge, TN	$1,313.0	3.22%	$1,769.0	2.37%
Sevierville, TN	$1,495.0	0.00%	$1,774.0	-0.45%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.