Average Rent in Downtown Knoxville, Knoxville, TN and Rent Price Trends

Rent trends in Downtown Knoxville, Knoxville, TN

Average rent prices in Downtown Knoxville have decreased by 5% over the last month and have decreased by 31% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Downtown Knoxville, Knoxville, TN

Rent prices in Downtown Knoxville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Knoxville is $1,810, whereas a house costs $1,625. 1-bedroom apartments in Downtown Knoxville run $2,052 on average, while 2-bedroom apartments are $2,612.


Studio	$990	5%	40%
1 bedroom	$1,625	3%	17%
2 bedroom	$1,687	2%	56%
3 bedroom	$1,535	No Change	56%
4 bedroom	$1,675	2%	-

		Listings
Fort Sanders	$1,530
Old North Knoxville	$1,700
Park City	$1,347
Parkridge	$1,800
South Knoxville	$1,516
University Of Tennessee	$1,500


Apartments	$1,810	1%	21%
Condos	$1,520	16%	No Change
Houses	$1,625	No Change	No Change

Studio

Average rent

$990

Last 30 days

Last year

40%

1 bedroom

Average rent

$1,625

Last 30 days

Last year

17%

2 bedroom

Average rent

$1,687

Last 30 days

Last year

56%

3 bedroom

Average rent

$1,535

Last year

56%

4 bedroom

Average rent

$1,675

Last 30 days

The table above reflects average rent prices in Downtown Knoxville, Knoxville, TN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Downtown Knoxville, Knoxville, TN compare to other neighborhoods?

Compare median rent prices in Downtown Knoxville and Fort Sanders by all bedroom counts and property types.

Downtown Knoxville

Median rent price$1,695

11%

lower than the national median

Median rent price$1,530

19%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Knoxville, Knoxville, TN is 11% higher than the median rent in Fort Sanders, Knoxville, TN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,530

$1,700

$1,347

$1,800

$1,516

University Of Tennessee

$1,500

N/A

Last year

Discover rentals in Downtown Knoxville, Knoxville, TN

10h ago

Downtown Knoxville condo for rent in Knoxville

2 beds

2 baths

$2,345

5d+ ago

Downtown Knoxville condo for rent in Knoxville

Rental, 2 Story, Knoxville, TN

613 Union Ave, Knoxville, TN 37902

3 beds

2 baths

$3,200

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Frequently asked questions for Downtown Knoxville, Knoxville, TN

Quick answers to common questions about the Downtown Knoxville rental market.

How much is rent in Downtown Knoxville?

The average rent in Downtown Knoxville is $1,695 per month as of September 19, 2026.

Is rent up or down in Downtown Knoxville?

Average rent prices in Downtown Knoxville have decreased by 5% over the last month and have decreased by 31% since last year.

How does Downtown Knoxville rent compare to the national average?

Rent in Downtown Knoxville is 11% below the national average, which means renters are paying approximately $205 less per month.

What salary do I need to afford rent in Downtown Knoxville?

To comfortably afford rent in Downtown Knoxville, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).