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 increased by 10% over the last month and have decreased by 32% 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 $2,000, whereas a house costs $1,512. 1-bedroom apartments in Downtown Knoxville run $2,011 on average, while 2-bedroom apartments are $2,662.


Studio	$925	2%	44%
1 bedroom	$1,687	7%	21%
2 bedroom	$1,500	1%	54%
3 bedroom	$1,059	No Change	64%
4 bedroom	$879	2%	-

		Listings
Fort Sanders	$1,232
Old North Knoxville	$1,899
Park City	$1,395
Parkridge	$1,879
South Knoxville	$1,487
University Of Tennessee	$1,350


Apartments	$2,000	2%	No Change
Condos	$2,600	15%	No Change
Houses	$1,512	No Change	-
Rooms	$1,059	-	-

Studio

Average rent

$925

Last 30 days

Last year

44%

1 bedroom

Average rent

$1,687

Last 30 days

Last year

21%

2 bedroom

Average rent

$1,500

Last 30 days

Last year

54%

3 bedroom

Average rent

$1,059

Last year

64%

4 bedroom

Average rent

$879

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$1,700

12%

lower than the national median

Median rent price$1,232

36%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Knoxville, Knoxville, TN is 38% higher than the median rent in Fort Sanders, Knoxville, TN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,232

$1,899

$1,395

$1,879

$1,487

University Of Tennessee

$1,350

N/A

Last year

Discover rentals in Downtown Knoxville, Knoxville, TN

5d+ ago

Downtown Knoxville house for rent in Knoxville

1Bed-1Bath just steps from World's Fair Park and the University of Ten

1060 Worlds Fair Park Dr, Knoxville, TN 37916

1 bed

1 bath

$1,530

House for rent

5d+ ago

Downtown Knoxville condo for rent in Knoxville

2 beds

2 baths

$2,600

Condo for rent

5d+ ago

Downtown Knoxville condo for rent in Knoxville

CONDOS - Contemporary - Knoxville, TN

613 Union Ave, Knoxville, TN 37902

3 beds

2 baths

$3,200

Condo for rent

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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 $1,700 per month as of August 8, 2026.

Is rent up or down in Downtown Knoxville?

Average rent prices in Downtown Knoxville have increased by 10% over the last month and have decreased by 32% since last year.

How does Downtown Knoxville rent compare to the national average?

Rent in Downtown Knoxville is 12% below the national average, which means renters are paying approximately $225 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).