Rentometer, Inc. | Data as of 10/23/2025
Knoxville’s vibrant metro area offers a diverse mix of rental options that suit students, professionals, and families alike. Downtown and the University of Tennessee campus anchor a lively rental scene with walkable amenities, while neighborhoods such as West Knoxville, Fort Sanders, and the historic Fourth and Gill provide quieter, family‑friendly streets and easy access to parks, shopping, and dining. Popular attractions like Market Square, World's Fair Park, and the Tennessee River waterfront enhance the appeal of city living, and the surrounding suburbs deliver spacious settings for those seeking a suburban vibe without sacrificing convenience.
The rental market reflects this variety, with apartments ranging from the $1200s for studios to the $1800s for three‑bedroom units, and larger single‑family homes often exceeding the $2000 range. Prospective renters can choose from modern high‑rise apartments near I‑40, charming historic homes in the Old City, or newly built family houses in the thriving West Knoxville corridor. Whether you’re looking for a compact studio close to campus, a comfortable two‑bedroom apartment near downtown amenities, or a spacious house in a leafy neighborhood, Knoxville’s rental landscape offers flexible options that match a range of lifestyle needs and budget expectations. The city’s blend of cultural attractions, outdoor recreation, and a welcoming community continues to make it a sought‑after destination for renters across the Tennessee metro region.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,258 | $1,199 | $825 - $2,660 | $1,000 - $1,338 |
| Apartment | 1 Bedroom | $1,471 | $1,453 | $850 - $2,759 | $1,150 - $1,700 |
| Apartment | 2 Bedroom | $1,571 | $1,425 | $799 - $4,104 | $1,295 - $1,699 |
| Apartment | 3 Bedroom | $1,773 | $1,640 | $1,249 - $2,949 | $1,395 - $2,095 |
| Apartment | 4+ Bedroom | $1,411 | $1,345 | $899 - $2,845 | $1,175 - $1,414 |
| House | 1 Bedroom | $1,713 | $1,475 | $500 - $3,100 | $1,025 - $2,900 |
| House | 2 Bedroom | $1,610 | $1,595 | $710 - $2,500 | $1,450 - $1,800 |
| House | 3 Bedroom | $2,218 | $2,200 | $800 - $3,400 | $2,000 - $2,500 |
| House | 4+ Bedroom | $2,709 | $2,675 | $1,700 - $4,500 | $2,400 - $2,970 |
In the current period, the average rent in Knoxville, TN was $1,258 for Studio, $1,497 for 1 Bedroom, $1,580 for 2 Bedroom, $2,115 for 3 Bedroom, and $2,426 for 4+ Bedroom.
Data provided by Rentometer, Inc.