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 10% over the last month and have decreased by 26% 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 $1,697, whereas a house costs $2,147. 1-bedroom apartments in Downtown Knoxville run $1,995 on average, while 2-bedroom apartments are $2,819.


Studio	$850	1%	40%
1 bedroom	$1,200	No Change	23%
2 bedroom	$1,722	7%	49%
3 bedroom	$1,460	No Change	59%
4 bedroom	$1,059	2%	-

		Listings
Fort Sanders	$1,250
Old North Knoxville	$1,800
Park City	$1,495
Parkridge	$2,059
South Knoxville	$1,470
University Of Tennessee	$1,499


Apartments	$1,697	2%	No Change
Condos	$2,600	15%	No Change
Houses	$2,147	3%	-
Rooms	$1,199	-	-

Studio

Average rent

$850

Last 30 days

Last year

40%

1 bedroom

Average rent

$1,200

Last 30 days

No Change

Last year

23%

2 bedroom

Average rent

$1,722

Last 30 days

Last year

49%

3 bedroom

Average rent

$1,460

Last year

59%

4 bedroom

Average rent

$1,059

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$1,852

lower than the national median

Median rent price$1,250

36%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Knoxville, Knoxville, TN is 48% higher than the median rent in Fort Sanders, Knoxville, TN.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,250

$1,800

$1,495

$2,059

$1,470

University Of Tennessee

$1,499

N/A

Last year

Discover rentals in Downtown Knoxville, Knoxville, TN

4d 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 $1,852 per month as of June 20, 2026.

Is rent up or down in Downtown Knoxville?

Average rent prices in Downtown Knoxville have decreased by 10% over the last month and have decreased by 26% since last year.

How does Downtown Knoxville rent compare to the national average?

Rent in Downtown Knoxville is 5% below the national average, which means renters are paying approximately $98 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 $74,000/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).