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Average Rent in Knox, TN

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Current Versus Historical Knox, TN Rents

Knox rentals average $940 for a studio rental to $3,375 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallenover the last year. Studio rentals prices have increased by $10,290 (1,270.37%) year-over-year from $810 to $11,100. 1-bedroom rentals prices have decreased by $67 (-5.83%) year-over-year from $1,142 to $1,075. 2-bedroom rentals prices have increased by $270 (18.88%) year-over-year from $1,430 to $1,700. 3-bedroom rentals prices have increased by $33 (1.57%) year-over-year from $2,117 to $2,150. 4-bedroom rentals prices have decreased by $82 (-2.99%) year-over-year from $2,732 to $2,650. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 44.41% this month. 1-bedroom rents have gone down by 4.37% this month. 2-bedroom rents have gone up by 6.81% this month. 3-bedroom rents have gone down by 2.27% this month. 4-bedroom rents have gone down by 7.56% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.85 $11,100 $810 (1,270.37%) $653 (1,601.15%)
1 BR $1.79 $1,075 $1,142 (-5.83%) $837 (28.41%)
2 BR $1.54 $1,700 $1,430 (18.88%) $1,106 (53.73%)
3 BR $1.45 $2,150 $2,117 (1.57%) $1,536 (39.97%)
4+ BR $1.34 $2,650 $2,732 (-2.99%) $2,191 (20.96%)

Historical Rents in Knox, TN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Knox

There are a total of 1 cities nearby Knox. The average rent in Knox is currently $1,663 per month. Only one city nearby has an average rent lower than that. Our records show that Knoxville, TN, with an average rent of $1,663, is the most affordable city nearby. In contrast, the most expensive city near Knox, TN is Knoxville, TN. Monthly rents here are on average $1,663 per month.

Let's compare Knox, TN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Knox, TN is 0.80% more expensive than other cities nearby. One bedrooms are about 0.48% more expensive. Two bedrooms in Knox, TN are about 1.25% more expensive. Finally, rent for three bedrooms are about 4.55% more expensive. Want more information? Check out the top 1 cities near Knox, TN in the following chart.
City Studio 1 Bed 2 Bed All
Knoxville, TN $933 $1,250 $1,575 $1,663

Top Neighborhoods Near Knox



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Knox

The average rent for rentals in these counties is $1,600. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Blount, TN. It's average rent per month is $1,600. Vice versa, with an average rent of $1,600, Blount, TN is the most expensive county by Knox, TN.

Typically, rent for studios in Knox, TN is 27.66% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Knox, TN is 16.40% more expensive than other counties nearby. Finally, rent for two bedrooms in Knox, TN is 12.23% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Blount, TN $1,200 $1,050 $1,400 $1,600

Top Zipcodes Near Knox



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Knox Average Rents

What is the average rent price in Knox, TN?
The average monthly rental price for Knox, TN apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Knox, TN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Knox, TN.
How much is a studio apartment in Knox, TN?
The average monthly rental price for studio apartments is $940 and an average price per square feet of $2.85. There are a total of 3 studio apartment listings currently available for rent in Knox.
How much is a one bedroom apartment in Knox, TN?
The average monthly rental price for one bedroom apartments is $1,256 and an average price per square feet of $1.79. There are a total of 30 one bedroom apartment listings currently available for rent in Knox.
How much is a two bedroom apartment in Knox, TN?
The average monthly rental price for two bedroom apartments is $1,595 and an average price per square feet of $1.54. There are a total of 65 two bedroom apartment listings currently available for rent in Knox.
How have rent prices in Knox, TN changed this year?
Rent prices for rentals in Knox, TN can fluctuate yearly. Specifically, studio rental prices have changed by 12.70%, one bedroom rental prices have changed by -0.06%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in Knox, TN?
A reasonable rent price in Knox, TN is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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