What is the average apartment size in Downtown Knoxville, Knoxville, TN?

The average size for a Downtown Knoxville, Knoxville, TN apartment is 764 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 Downtown Knoxville?

As of Feb / 2026, the average rent in Downtown Knoxville is $2,134 per month, a 1.1% increase from last years average of $2,111.

How much does rent cost by apartment size in Downtown Knoxville?

In Downtown Knoxville, studios rent for $1,753 per month, one-bedroom units average $1,899 per month, two-bedrooms cost around $2,811 per month.

What is the average apartment size in Downtown Knoxville?

The typical apartment in Downtown Knoxville offers about 764 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Knoxville?

Studio apartments in Downtown Knoxville average 480 sq. ft., one-bedrooms offer 675 sq. ft., two-bedrooms are about 1,075 sq. ft.

Downtown Knoxville, Knoxville, TN Rental Market Trends

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

The typical rent budget in Downtown Knoxville ranges from $1,501 to $2,000 per month, with 55% of rentals in this range.

Q: Do most people rent or own in Downtown Knoxville?

In Downtown Knoxville, 81% of households rent while 19% own their homes, based on the latest U.S. Census data.

Last updated: April 11, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Knoxville is $2,134, a 1.1% increase compared to the previous year, when the average rent was $2,111.

Studio Apartments at $1,753 offer the most budget-friendly option with 480 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 675 square feet for $1,899, balancing privacy and affordability.

Two-beedroom units at $2,811 offer 1,075 square feet, perfect for roommates or small families.

Average rent in Downtown Knoxville, Knoxville, TN

Last updated: April 11, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,134	764 sq. ft.
Studio	$1,753	480 sq. ft.
1 Bed	$1,899	675 sq. ft.
2 Beds	$2,811	1,075 sq. ft.
3 Beds	n/a	n/a

Downtown Knoxville, Knoxville, TN rent trends

Rental prices in Downtown Knoxville, Knoxville, TN have increased by 1.1% over the past year. The average rent moved from $2,111 to $2,134.

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

The largest share of rentals in Downtown Knoxville, Knoxville, TN (55%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Knoxville, Knoxville, TN?

704 or 81% of the households in Downtown Knoxville, Knoxville, TN are renter-occupied while 162 or 19% are owner-occupied.

Most affordable neighborhoods in Downtown Knoxville?

Norwood $1,199/month

Inskip $1,211/month

Kingston Woods $1,290/month

All of these neighborhoods fall below the city wide average of $1,745/month.

Most expensive neighborhoods in Downtown Knoxville?

Magnolia Warehouse District $2,206/month

Fort Sanders $2,454/month

Chapman Ridge $3,633/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	$3,633
Fort Sanders	$2,454
Magnolia Warehouse District	$2,206
Downtown Knoxville	$2,134
Old Sevier	$2,063
Fairways and Greens	$1,985
Hardin Valley	$1,954
Old City	$1,875
Halls	$1,849
South Knoxville	$1,807
Deane Hill	$1,665
Raintree	$1,571
West Knoxville	$1,446
Cedar Bluff	$1,396
Walker Springs	$1,386
Pond Gap	$1,378
Kingston Woods	$1,290
Inskip	$1,211
Norwood	$1,199

Knoxville | Rent Comparison by Neighborhood

Rent in Downtown Knoxville is 53% higher than in Cedar Bluff

$2,134

Downtown Knoxville rent is the same as Knoxville average

Average Rent $2,134

$1,396

Cedar Bluff rent is 35% lower than Knoxville average

Average Rent $1,396

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 Downtown 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.