Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Knoxville city, Tennessee?
City · Census ACS 5-Year estimates
The median gross rent in Knoxville city, Tennessee is $1,191/month (±$22), based on Census ACS 5-Year estimates (2024). The median home value is $239,700 (±$5,283), and the median household income is $54,039/year. The unemployment rate in Knox County, Tennessee was 2.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Knoxville city, Tennessee
| Metric | Value |
|---|---|
| Median Gross Rent | $1,191 |
| Median Home Value | $239,700 |
| Median Household Income | $54,039 |
| Total Housing Units | 86,263 |
| Renter-Occupied Units | 46,023 |
| Renter-Occupied Share | 53% |
| Households Paying 50%+ Income | 11,424 households |
| Unemployment Rate(April 2026) | 2.7% |
How does Knoxville city, Tennessee compare?
Median gross rent ranked against all cities in Tennessee.
Higher rent than 82% of cities in Tennessee · 71th of 385
| # | City | Value |
|---|---|---|
| 1 | Belle Meade city | $3,501 |
| 1 | Forest Hills city | $3,501 |
| 3 | Brentwood city | $2,825 |
| … 67 more … | ||
| 71 | Knoxville city(you are here) | $1,191 |
| … 311 more … | ||
| 383 | Jamestown city | $377 |
| 384 | Byrdstown town | $307 |
| 385 | Waynesboro city | $294 |
More data for Knoxville city, Tennessee
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Frequently asked questions
What is the average rent in Knoxville city, Tennessee?
The median gross rent in Knoxville city, Tennessee is $1,191/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Knoxville city, Tennessee?
The median rent for a 2-bedroom in Knoxville city, Tennessee is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Knoxville city, Tennessee?
The median home value in Knoxville city, Tennessee is $239,700 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Knoxville city are rent-burdened?
In Knoxville city, Tennessee, 11,424 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Knoxville city, Tennessee?
The median household income in Knoxville city, Tennessee is $54,039/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,191 has a margin of error of ±$22. In very small areas, MOEs can be large relative to the estimate.
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