Property Prices in Knoxville, TN, United States

Index Info
Price to Income Ratio: 4.92
Mortgage as Percentage of Income: 42.53%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 12.23
Price to Rent Ratio - Outside of Centre: 8.36
Gross Rental Yield (City Centre): 8.17%
Gross Rental Yield (Outside of Centre): 11.97%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,856.67 $ 1,400.00-2,310.00
1 Bedroom Apartment Outside of City Centre 1,267.50 $ 1,120.00-1,600.00
3 Bedroom Apartment in City Centre 2,915.71 $ 1,800.00-4,000.00
3 Bedroom Apartment Outside of City Centre 2,152.62 $ 1,650.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 433.97 $ 230.96-552.77
Price per Square Feet to Buy Apartment Outside of Centre 209.22 $ 198.81-230.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,520.07 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.08 6.00-7.00

These data are based on 107 entries from 22 contributors over the past 18 months.
Last update: 28 March 2026

Sources and References
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