What is the average apartment size in Knoxville?

The average size for a Knoxville, TN apartment is 987 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Knoxville?

As of Jan / 2026, the average rent in Knoxville is $1,732 per month, a 0.12% decrease from last years average of $1,734.

How much does rent cost by apartment size in Knoxville?

In Knoxville, studios rent for $1,254 per month, one-bedroom units average $1,378 per month, two-bedrooms cost around $1,631 per month, and three-bedroom apartments rent for about $2,074 per month

What is the average apartment size in Knoxville?

The typical apartment in Knoxville offers about 987 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Knoxville?

Studio apartments in Knoxville average 460 sq. ft., one-bedrooms offer 734 sq. ft., two-bedrooms are about 1,059 sq. ft., and three-bedroom apartments average 1,287 sq. ft.

What are the most affordable neighborhoods in Knoxville?

The most affordable neighborhoods in Knoxville include Inskip ($1,216/month), Norwood ($1,219/month), and Kingston Woods ($1,297/month), all below the citywide average of $1,732.

What are the most expensive neighborhoods in Knoxville?

The most expensive neighborhoods in Knoxville are Magnolia Warehouse District ($2,172/month), Fort Sanders ($2,313/month), and Chapman Ridge ($3,797/month), often due to premium locations and high-end amenities.

Knoxville, TN Rental Market Trends

Q: What's the typical rent budget in Knoxville?

The typical rent budget in Knoxville ranges from $1,001 to $1,500 per month, with 43% of rentals in this range.

Q: Do most people rent or own in Knoxville?

In Knoxville, 53% of households rent while 47% own their homes, based on the latest U.S. Census data.

Last updated: February 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Knoxville is $1,732, a 0.12% decrease compared to the previous year, when the average rent was $1,734.

Studio Apartments at $1,254 offer the most budget-friendly option with 460 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 734 square feet for $1,378, balancing privacy and affordability.

Two-beedroom units at $1,631 offer 1,059 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,287 sq ft) for $2,074, suitable for larger households.

Average rent in Knoxville, TN

Last updated: February 17, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,732	987 sq. ft.
Studio	$1,254	460 sq. ft.
1 Bed	$1,378	734 sq. ft.
2 Beds	$1,631	1,059 sq. ft.
3 Beds	$2,074	1,287 sq. ft.

Knoxville, TN rent trends

Rental prices in Knoxville, TN have decreased by 0.12% over the past year. The average rent moved from $1,734 to $1,732.

What's the typical rent budget in Knoxville, TN?

The largest share of rentals in Knoxville, TN (43%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Knoxville, TN?

45,360 or 53% of the households in Knoxville, TN are renter-occupied while 39,522 or 47% are owner-occupied.

Most affordable neighborhoods in Knoxville?

Inskip $1,216/month

Norwood $1,219/month

Kingston Woods $1,297/month

All of these neighborhoods fall below the city wide average of $1,732/month.

Most expensive neighborhoods in Knoxville?

Magnolia Warehouse District $2,172/month

Fort Sanders $2,313/month

Chapman Ridge $3,797/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Knoxville, TN By Neighborhood

Neighborhood	Average Rent
Chapman Ridge	$3,797
Fort Sanders	$2,313
Magnolia Warehouse District	$2,172
Downtown Knoxville	$2,142
Old Sevier	$2,045
Hardin Valley	$1,976
Halls	$1,910
Fairways and Greens	$1,885
Old City	$1,821
South Knoxville	$1,811
Deane Hill	$1,652
Raintree	$1,544
West Knoxville	$1,489
Walker Springs	$1,434
Cedar Bluff	$1,385
Pond Gap	$1,356
Kingston Woods	$1,297
Norwood	$1,219
Inskip	$1,216

Knoxville | Rent Comparison by Neighborhood

Rent in Cedar Bluff is 64% lower than in Chapman Ridge

$1,385

Cedar Bluff rent is 20% lower than Knoxville average

Average Rent $1,385

$3,797

Chapman Ridge rent is 119% higher than Knoxville average

Average Rent $3,797

How Knoxville Compares to Other Cities

City	Average Rent
Knoxville	$1,732
Memphis	$1,134
Nashville	$1,825
Clarksville	$1,275
Murfreesboro	$1,572
Chattanooga	$1,450
Antioch	$1,465
Gallatin	$1,559
La Vergne	$1,726
Madison	$1,425
Hendersonville	$1,563
Alcoa, TN	$1,630
Maryville, TN	$1,477
Oak Ridge, TN	$1,291
Powell, TN	$1,630
Louisville, TN	$1,176
Lenoir City, TN	$1,561
Clinton, TN	$988

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Knoxville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.