Property Prices in Knoxville, TN, United States

Index Info
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

Sources and References
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