Rental prices in Magnolia Warehouse District, Knoxville, TN have decreased by 12.62% over the past year. The average rent moved from $2,524 to $2,206.
Check out the average rent in Knoxville.
The national average price of rental apartments is $1,740, while the average monthly rent in Magnolia Warehouse District, Knoxville, TN is $2,206.
The average monthly rent for an apartment in Magnolia Warehouse District, Knoxville, TN is around $2,206.
A share of 1% of apartments in Magnolia Warehouse District, Knoxville, TN have the cheapest rents between ≤ $1000. Around 18% of rentals are $2,001-$2,500. Around 9% of Magnolia Warehouse District's apartments have monthly rents between $1,001-$1,500. There are 41% of apartments with rents between $1,501-$2,000. A share of 14% of apartment rentals in Knoxville are in the $2,501-$3,000 range. Meanwhile, 17% of apartment rentals in Knoxville are in the > $3,000 range.
The largest share of rentals in Magnolia Warehouse District, Knoxville, TN (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Magnolia Warehouse District, Knoxville, TN is $1,867.
In Magnolia Warehouse District, 61% of the residents are renting compared to 39% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 28% of Magnolia Warehouse District's rentals, 43% are small-scale complexes with under 50 units, and 30% are single-family rentals.
In total, Magnolia Warehouse District, Knoxville, TN has 1,183 residents, 632 women and 551 men, per U.S. Census recent estimates. Statistics show that the median age of Magnolia Warehouse District’s population is 36.
There is a total of 617 households in Magnolia Warehouse District, Knoxville, TN. Of these, 124 have children and 493 are without children. Per Census Bureau’s most current estimates, 234 family households and 383 non-family households live in this area. The size of a household in Magnolia Warehouse District is 1.88 people, on average. The median household annual income in Magnolia Warehouse District equals $40,401, and the monthly housing costs equal $870.
According to data from the U.S. Census Bureau, 4% of the population in Magnolia Warehouse District, Knoxville, TN have no high school education, 40% went to high-school, and 21% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 19% hold a Bachelor Degree, and 8% hold a Graduate Degree.
