Property Prices in Knoxville, TN, United States

Index Info
Price to Income Ratio: 4.22
Mortgage as Percentage of Income: 38.08%
Loan Affordability Index: 2.63
Price to Rent Ratio - City Centre: 10.76
Price to Rent Ratio - Outside of Centre: 9.56
Gross Rental Yield (City Centre): 9.30%
Gross Rental Yield (Outside of Centre): 10.46%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,633.75 $ 1,400.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,325.00 $ 1,050.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,125.00 $ 2,650.00-3,700.00
Apartment (3 bedrooms) Outside of Centre 2,182.71 $ 1,700.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 366.25 $ 219.99-565.00
Price per Square Feet to Buy Apartment Outside of Centre 247.00 $ 219.99-288.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,911.48 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-7.00

These data are based on 105 entries in the past 18 months from 27 different contributors.
Last update: July 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far