Property Prices in Knoxville, TN, United States

Index
Price to Income Ratio:	2.78
Mortgage as Percentage of Income:	20.50%
Loan Affordability Index:	4.88
Price to Rent Ratio - City Centre:	9.99
Price to Rent Ratio - Outside of Centre:	5.76
Gross Rental Yield (City Centre):	10.01%
Gross Rental Yield (Outside of Centre):	17.38%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,087.50 $	900.00-1,800.00
Apartment (1 bedroom) Outside of Centre	829.17 $	750.00-900.00
Apartment (3 bedrooms) in City Centre	1,968.75 $	1,500.00-2,500.00
Apartment (3 bedrooms) Outside of Centre	1,300.00 $	1,200.00-1,600.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	220.87 $	203.50-293.22
Price per Square Feet to Buy Apartment Outside of Centre	91.11 $	72.50-150.00
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,015.59 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.14	3.00-5.00

These data are based on 119 entries in the past 18 months from 25 different contributors.
Last update: November 2020

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